653 S 4th Ave, Pocatello, ID 83201 (MLS # 583412)

Price $350,000
Status Active
Beds 8
Baths 3 Baths
Home size 4,337 sqft
Lot Size 6,099 sqft
Days on Market 1
Investor opportunity with immediate income potential and significant upside. Located just minutes from ISU, public transportation, restaurants and entertainment, this commercially zoned property offers multiple paths for future income generation. The property features 8 bedrooms plus a dedicated office, making it well-positioned for student housing, workforce housing, co-living arrangements, or other investment strategies. The main & upper levels have been remodeled and are ready for immediate occupancy, allowing investors to capitalize on existing rental potential while planning future improvements. A major value-add opportunity is found in the basement with potential to expand rentable square footage, increase occupancy, or create a separate income-producing living area. Situated on a corner lot with an enclosed porch, the property offers strong functionality and curb appeal. Commercial zoning provides additional flexibility and long-term potential beyond traditional residential use. Whether you're seeking a cash-flowing asset, student housing investment, house-hack opportunity, or a property with room to increase returns through improvements, this property delivers a compelling combination of location, scale, and upside potential.
Property Type(s): Multi Family
Last Updated 8/20/2026 Tract Pocatello Townsite
Year Built 1940 Community University Area
County Bannock

SCHOOLS

Elementary School Indian Hills
Jr. High School Irving
High School Century

Additional Details

AIR Central Air
AIR CONDITIONING Yes
AREA University Area
BASEMENT Full, Yes
CONSTRUCTION Frame, Metal Siding
HEAT Forced Air, Natural Gas
LOT 6098 sq ft
LOT DESCRIPTION Corner Lot
SEWER Public Sewer
SUBDIVISION Pocatello Townsite
TAXES 3812
WATER Public
 

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Listed with Keller Williams Realty East Idaho
Information is deemed reliable but not guaranteed.

This IDX solution is (c) Diverse Solutions 2026.

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