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Sixteen-Unit Apartment Complex
For Sale
$2,250,000

1227 S 4TH AVE, Pocatello, ID 83201

MULTI_FAMILY - Pocatello, ID

Property Size2,688 SF
Lot Size0.48 Acres
Price / SF$837.05
Days on Market147

Property Features for 1227 S 4TH AVE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bedroom 4, Bedroom 7, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 6, Bathroom 4, Bedroom 8, Bedroom 5
Subdivision Pocatello Townsite
Lot features Near University/ College
Elementary school Green Acres
Middle school Franklin
High school Century
Standard status Active
Size 2,688 SF
Lot size 0.48 Acres

Taxes and HOA fees

Tax Annual Amount 13512

Utilities

Heating system Baseboard
Water source Public

Amenities

common laundry area
storage area

Building Details

Year built 1965
Number of units 16
Building materials Frame
Roof type Metal
Architectural style Other
Listing Agency: Premier Properties Real Estate Co.
Listed By: Greg Johnston · License #SP23782
Added: Mar 30 Changed: Aug 11 Last Checked: Aug 23 at 7:06AM
MLS# 582059

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 apartment complex includes 16 units arranged as four separate 4plexes. Each unit is a 2-bedroom, 1-bath apartment. The property is in very good condition and includes updates to many apartments such as new cabinets, flooring, and shower surrounds. Exterior finishes include vinyl siding and vinyl windows, with a metal roof. Heating is provided via baseboard units.

The community supports resident convenience with a common laundry area and a storage area for each tenant. Other features include a sprinkler system and ample parking. The property is on a 0.48-acre lot, built in 1965, with public water service. Tenant utilities include electricity paid by residents. At the time of listing, the complex is reported as 100% occupied.

With a compact, multi-building configuration and in-place shared amenities, the property offers a straightforward operating setup for an ownership group seeking a residential rental complex.

Key Highlights

  • 16 units arranged as four separate 4plexes
  • 0.48‑acre lot with ample on‑site parking
  • 2‑bedroom, 1‑bath apartments

Property Analytics

Current Use

Haul Away Junk ... Trucking Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Florist Pet Store Travel Agency

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

16
Residential units
100%
Occupancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby

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

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 - Sixteen units in four 4plexes, offering 2-bedroom, 1-bath layouts with tenants paying electricity.
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: 16 units arranged as four separate 4plexes; 0.48‑acre lot with ample on‑site parking; 2‑bedroom, 1‑bath apartments
More about this property
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