Sixteen-Unit Apartment Complex For
For Sale
Contact for pricing
1227 South 4th Avenue, Pocatello, ID 83201
Sixteen-unit apartment complex in excellent condition, ideal for investment.
Property Size10,752 SF
Lot Size0.48 Acres
Price / SF$209.26
Days on Market104
Property Features for 1227 South 4th Avenue
General Information
Standard status
Active
Size
10,752 SF
Lot size
0.48 Acres
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$15,550
Building Details
Year Built
1965
Year Renovated
2025
Buildings
4
Listing Agency:
Premier Properties
(208) 680-4734
Listed By:
Greg Johnston · License #SP23782
Source:
Crexi
Added: May 21
Changed: Aug 23
Last Checked: Aug 29 at 2:51PM
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
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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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 South 4th Avenue 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
