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8 Beds
3 Baths
4,337 sqft

$350,000

653 S 4th Avenue, Pocatello ID, 83201

Price per sqft$80.70
Built in1940
Property size4,337 sqft
Property typeMulti-family

Overview

Active

Listed Oct 1, 2026

Updated 10 days ago

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.

$2,329/mo

Est. mortgage payment based on a $350,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2189608

Interior Features

Bedrooms
8
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$3,812
Tax Frequency
Annually
MLS provider logo

Courtesy of Keller Williams Realty East Idaho, Adrianne Godfrey,
Listing Contact: 208-529-8888 

Based on information from Snake River Regional Multiple Listing Service as of 10/2/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated on 10/2/2026 at 4:08 AM UTC

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