About This Home
This 0-bedroom, 3-bathroom commercial at 653 S 4th Avenue in Pocatello, ID is listed for $350,000 ($81 per sqft). Built in 1940, the home offers 4,337 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1940
- 0.14 acre lot
- 2 stories
Property Details
Amenities
Investor opportunity with immediate income potential and significant upside. Located just minutes from ISU, public transportation, restaurants and entertainment, this commercially zoned property is currently operating as a short-term room rental and offers multiple paths for future income generation.
The property features 7 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 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.
Monthly Cost Estimate
$1,872/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
653 S 4th Avenue
Pocatello, ID 83201
Pocatello Townsite-Ban
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 3-bathroom commercial at 653 S 4th Avenue is listed at $350,000 ($81/sqft). The estimated monthly payment is $1,872 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1940, 0.14 acre lot, 2 stories.
This property is listed by Adrianne Godfrey and can be reached at 2085298888.





