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About This Home
This 0-bedroom, 3-bathroom single family at 653 S 4th Avenue in Pocatello, ID is listed for $390,000 ($90 per sqft). Built in 1940, the home offers 4,337 sqft of living space on a 0.14 acres lot.
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.
Key Features
- Built in 1940
- 0.14 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,086/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 single family at 653 S 4th Avenue is listed at $390,000 ($90/sqft). The estimated monthly payment is $1,690 based on 20% down at 6.5% interest.
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 or adri@idahofirstrealestate.com.








