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10-Unit Apartment Building
For Sale
$1,995,000

27 S 4th W, Lava Hot Springs, ID 83246

MULTI-FAMILY, All Units-One Building, Lava Hot Springs, ID

Property Size5,388 SF
Lot Size0.23 Acres
Price / SF$370.27
Days on Market523

Property Features for 27 S 4th W

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial General
Bedrooms 12
Bathrooms 14
Full bathrooms 12
Half bathrooms 2
Rooms Bedroom 6, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 3, Bathroom 14, Bedroom 9, Bathroom 2, Bathroom 13, Bedroom 1, Bedroom 5, Bathroom 12, Bedroom 12, Bedroom 8, Bedroom 10, Bedroom 11, Bathroom 8, Bathroom 9, Bathroom 5, Bedroom 7, Bathroom 7, Bedroom 4, Bathroom 6, Bathroom 11, Bathroom 10, Bedroom 2
Lot features Near Park
Elementary school Lava
Middle school Marsh Valley
High school Marsh Valley
Subdivision Lava Hot Spring
Standard status Active
Size 5,388 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Annual Amount 4557

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 2022
Number of units 10
Building materials Frame
Architectural style Other
Listing Agency: Signature Real Estate
Listed By: Julie Hill · License #DB41848
Added: Apr 8, 2025 Changed: Sep 7 Last Checked: Sep 12 at 4:06AM
MLS# 578860

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.

Built in 2022, this 5,388-square-foot apartment building contains 10 rental units arranged for both nightly and longer-term occupancy. The unit mix includes 2 two-bedroom/three-bath units, 4 one-bedroom/one-bath units, and 4 long-term studio units. The property is located in Lava Hot Springs near the area’s hot pools, Portneuf River tubing, shops, restaurants, hiking, biking, and winter recreation.

The 0.23-acre property has frame construction, heat pump heating and cooling, and public water service. Commercial General zoning supports the property’s existing multifamily and rental configuration. The address is 27 S 4th W, Lava Hot Springs, ID 83246, in Bannock County.

Key Highlights

  • 10 rental units in one 5,388‑square‑foot apartment building
  • Unit mix includes 2 - 2bd/3ba, 4 - 1bd/1ba, and 4 long‑term studio units
  • Built in 2022 on a 0.23‑acre parcel

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Auto Repair Shop Storage Facility Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) 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

10
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby

Demographics for 83246, ID

1,038
Population
675
Households
1.5
Avg Household Size
55
Median Age
27%
College-Educated
99%
High-School Grad
136.1 sq mi
ZIP Area
8
Density / Sq Mi
$77,679
Median Household Income
$31,207
Median Earnings
$843
Median Rent
$359,000
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?
Apartment building - Includes nightly accommodations and long-term studio rentals within one building near Lava Hot Springs attractions.
Where is this apartment building located?
The property is located at 27 S 4th W Lava Hot Springs, ID.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 10 rental units in one 5,388‑square‑foot apartment building; Unit mix includes 2 - 2bd/3ba, 4 - 1bd/1ba, and 4 long‑term studio units; Built in 2022 on a 0.23‑acre parcel
More about this property
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