# 516 riverside, Pocatello, ID 83204 > **TL;DR:** land, $2,250,000. Est. $12,033/mo. Listed 124 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,250,000 | | Lot Size | 131,987 sqft (3.03 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 124 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $11,377 | | Estimated Insurance | $656 | | **Total** | **$12,033** | ## Nearby Schools - **Elementary:** Jefferson - **Middle:** Irving - **High:** Pocatello ## Property Highlights - 3.03 acre lot ## Description ### Agent Description Zero entitlement risk. Zero delay. Zero guesswork. Aspen Apartments at 516 Riverside Drive, Pocatello, Idaho is one of the most compelling shovel-ready multifamily development opportunities in Southeast Idaho - fully approved, permit-ready, and available now at $2,250,000. All engineering, civil plans, and entitlements transfer with the sale, eliminating 18 to 36 months of municipal processing and $300,000 to $600,000 in typical pre-development soft costs. A qualified developer can move from acquisition to groundbreaking with minimal delay. The site sits along the Portneuf River corridor, steps from Sacajawea Park trails, minutes from Idaho State University's 13,933-student campus, and within easy reach of Portneuf Medical Center - three of the most reliable demand drivers in any multifamily market. With over 37% of Pocatello's rental stock built before 1980 and ISU on-campus housing at 100% capacity, the case for modern product here writes itself. Estimated construction cost: $10,000,000. Stabilized asset value projection: $12,500,000-$15,000,000. The numbers work. The approvals are in hand. The only thing missing is you. ## Location - **Address:** 516 riverside, Pocatello, ID 83204 - **County:** Bannock - **Coordinates:** 42.87377406, -112.4704633 - **Google Maps:** https://www.google.com/maps?q=42.87377406,-112.4704633 ## Listing Agent - **Name:** Ryan Olsen - **Brokerage:** Mountain Retreat Real Estate - **Broker Phone:** 2083393200 ## Photos ![516 riverside - Photo 1](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f3359947455r.jpg) ![516 riverside - Photo 2](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f494750688r.jpg) ![516 riverside - Photo 3](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f419089588r.jpg) ![516 riverside - Photo 4](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f2801626793r.jpg) ![516 riverside - Photo 5](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f563388084r.jpg) ![516 riverside - Photo 6](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f441715998r.jpg) ![516 riverside - Photo 7](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f3417450045r.jpg) ![516 riverside - Photo 8](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f3080206426r.jpg) ![516 riverside - Photo 9](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f2148461638r.jpg) ![516 riverside - Photo 10](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f176172419r.jpg) ![516 riverside - Photo 11](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f4092856173r.jpg) ![516 riverside - Photo 12](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f920334941r.jpg) ![516 riverside - Photo 13](http://lh.rdcpix.com/e1ddcf0af5847d2bb32f509214199d19l-f494750688r.jpg) --- **MLS#:** 582945 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Greater Pocatello Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/516-riverside-pocatello-id-83204-15a544c07f2f488f8cf393e0cc86b1c0) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/516-riverside-pocatello-id-83204-15a544c07f2f488f8cf393e0cc86b1c0#listing", "url": "https://www.propertysimple.ai/listing/516-riverside-pocatello-id-83204-15a544c07f2f488f8cf393e0cc86b1c0", "name": "516 riverside, Pocatello, ID 83204", "description": "Zero entitlement risk. Zero delay. Zero guesswork. Aspen Apartments at 516 Riverside Drive, Pocatello, Idaho is one of the most compelling shovel-ready multifamily development opportunities in Southeast Idaho - fully approved, permit-ready, and available now at $2,250,000. 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