Sixteen-Unit Apartment Complex For
For Sale
$2,250,000
1227 S 4th Ave, Pocatello, ID 83201
Sixteen-unit apartment complex in excellent condition, ideal for investment.
Property Size2,688 SF
Lot Size0.48 Acres
Price / SF$837.05
Days on Market110
Property Features for 1227 S 4th Ave
General Information
Standard status
Active
Size
2,688 SF
Lot size
0.48 Acres
Property subtype
Multi-Family
Building Details
Year Built
1965
Listing Agency:
Premier Properties Real Estate Co.
Listed By:
Greg Johnston · License #344
(208) 680-4734
Source:
Signaturerealestateid
Added: May 27
Changed: Sep 10
Last Checked: Sep 12 at 11:31AM
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 Premier Properties Real Estate Co.
Investment Insights
Based on property information with market context.
This apartment complex features sixteen units, distributed across four separate fourplex buildings. The property is in very good condition and offers a turnkey investment opportunity. Each apartment includes two bedrooms and one bathroom. The monthly income totals $15,550, with most units renting for $975 and one unit at $925. Tenants are responsible for paying their electricity. Many of the apartments have been updated with new cabinets, flooring, and shower surrounds. The buildings feature vinyl siding, vinyl windows, and metal roofs. Ample parking is available on the large 0.48-acre lot, which also includes a sprinkler system. The property maintains 100% occupancy at the time of listing. Additional amenities include a common laundry area and a storage area for each tenant. Located in the university area, this property is priced below a recent appraisal.
Key Highlights
- 100% Occupancy Rate
- Turn‑Key Investment Property
- Below Recent Appraisal Price
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
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Business Placement
Demographics for 83201, ID
38,921
Population
15,885
Households
2.5
Avg Household Size
33
Median Age
34%
College-Educated
94%
High-School Grad
34.2 sq mi
ZIP Area
1,138
Density / Sq Mi
$63,209
Median Household Income
$34,118
Median Earnings
$905
Median Rent
$256,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Sixteen-unit apartment complex in excellent condition, ideal for investment.
Where is this apartment building located?
The property is located at 1227 S 4th Ave Pocatello, ID.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 100% Occupancy Rate; Turn‑Key Investment Property; Below Recent Appraisal Price
