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Updated Duplex with Oversized Garage
For Sale
$289,000

223 W Sublette St, Pocatello, ID 83204

MULTI-FAMILY, All Units-One Building, Units Over and Under, Pocatello, ID

Property Size1,572 SF
Lot Size0.10 Acres
Price / SF$183.84
Days on Market116

Property Features for 223 W Sublette St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2
Fencing Chain Link
Elementary school Jefferson
Middle school Irving
High school Pocatello
Subdivision West Pocatello
Standard status Active
Size 1,572 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 962

Utilities

Heating system Forced Air
Water source Public

Amenities

patios
dog run
oversized garage

Building Details

Year built 1918
Building materials Frame
Architectural style Other
Listing Agency: Silvercreek Realty Group
Listed By: Keylee DeMott
Added: Jun 16 Changed: Oct 8 Last Checked: Oct 9 at 12:06PM
MLS# 582849

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.

Investment Insights

Based on property information with market context.

This residential duplex contains 1,572 square feet in an over-and-under configuration. The upper residence offers two bedrooms and one bathroom, while the lower residence has one bedroom and one bathroom. The property has been updated and includes two patios, a fenced dog run, and an oversized garage. Frame construction, forced-air heating, public water, and chain-link fencing are also present.

Located in Pocatello, the property is zoned Residential and was built in 1918. It is currently leased through Airbnb, providing an existing short-term rental use for the two-unit building.

Key Highlights

  • 1,572‑square‑foot duplex with over‑and‑under unit arrangement
  • Upper unit has 2 bedrooms and 1 bathroom
  • Lower unit has 1 bedroom and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,607
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,140 $212.1K
Cap Rate 7%
$151,529 $151.5K
Cap Rate 9%
$117,856 $117.9K
Market Conditions
NOI Build-Up for 1,572 SF
Gross rent
$16.0K $10.20/SF
− Vacancy
−$882 −$0.56/SF
EGI
$15.2K $9.64/SF
− OpEx
−$4.5K −$2.89/SF
NOI
$10.6K $6.75/SF
Area
Bannock County, ID
Vacancy
5.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,140
Cap Rate 7%
$151,529
Cap Rate 9%
$117,856

Alternative Uses

Best Use
Multifamily LT 5
$151.5K
$132.6K – $176.8K (±1% cap)
NOI $10,607 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$141.1K
$123.5K – $164.6K (±1% cap)
NOI $9,877 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$260.5K
$227.9K – $303.9K (±1% cap)
NOI $18,234 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Locksmith Parking Lot & Garage (Bike/Boat/Book/etc) Store Travel Agency Acupuncture Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,282
Businesses Nearby

Demographics for 83204, ID

18,408
Population
8,238
Households
2.2
Avg Household Size
38
Median Age
32%
College-Educated
94%
High-School Grad
280.1 sq mi
ZIP Area
66
Density / Sq Mi
$55,191
Median Household Income
$33,806
Median Earnings
$748
Median Rent
$233,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-level unit layout includes private outdoor areas and an oversized garage.
Where is this duplex located?
The property is located at 223 W Sublette St Pocatello, ID.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 1,572‑square‑foot duplex with over‑and‑under unit arrangement; Upper unit has 2 bedrooms and 1 bathroom; Lower unit has 1 bedroom and 1 bathroom
More about this property
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