New Construction
For Sale
$624,900
111-5405 Park Lawn Dr, Pocatello, ID 83202
Each residence offers a two-bedroom layout with modern finishes and included appliances.
Property Size3,200 SF
Price / SF$195.28
Days on Market237
Property Features for 111-5405 Park Lawn Dr
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Residential Income
Units
Unit Mix
4 x 2BR
Multifamily Units
4
Building Details
Buildings
1
Listing Agency:
Re/Max Country Real Estate
Listed By:
Chris Robinson · License #SP28325
(208) 234-4444
Source:
Exprealty
Added: Feb 20
Changed: Oct 2
Last Checked: Oct 12 at 10:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Country Real Estate
Investment Insights
Based on property information with market context.
This newly constructed quadplex contains four two-bedroom residences within a 3,200-square-foot property. Interiors feature granite countertops, LVP flooring, and PTAC heating and air conditioning in the living rooms. Durable vinyl siding and a fire suppression system support a low-maintenance building design. Appliances are included, excluding washers and dryers.
Professional property management is already in place, providing an established operational arrangement for the next owner. The property is located at 111-5405 Park Lawn Dr in Pocatello, Idaho.
Professional property management is already in place, providing an established operational arrangement for the next owner. The property is located at 111-5405 Park Lawn Dr in Pocatello, Idaho.
Key Highlights
- Newly constructed quadplex with four two‑bedroom units
- 3,200 square feet of total property size
- Granite countertops and LVP flooring in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,591
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,820
$431.8K
Cap Rate 7%
$308,443
$308.4K
Cap Rate 9%
$239,900
$239.9K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$32.6K $10.20/SF
− Vacancy
−$1.8K −$0.56/SF
EGI
$30.8K $9.64/SF
− OpEx
−$9.3K −$2.89/SF
NOI
$21.6K $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%
$431,820
Cap Rate 7%
$308,443
Cap Rate 9%
$239,900
Alternative Uses
Best Use
Multifamily LT 5
$308.4K
$269.9K – $359.9K
NOI $21,591 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$287.2K
$251.3K – $335.1K
NOI $20,106 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$530.2K
$464.0K – $618.6K
NOI $37,117 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 83202, ID
24,441
Population
8,866
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
93%
High-School Grad
166.8 sq mi
ZIP Area
147
Density / Sq Mi
$68,118
Median Household Income
$39,341
Median Earnings
$941
Median Rent
$300,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence offers a two-bedroom layout with modern finishes and included appliances.
Where is this quadplex located?
The property is located at 111-5405 Park Lawn Dr Pocatello, ID.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Newly constructed quadplex with four two‑bedroom units; 3,200 square feet of total property size; Granite countertops and LVP flooring in each unit
