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Duplex Income Property with Leases

331 S GRANT AVE Pocatello, ID 83204

331 S GRANT AVE, Pocatello, ID, 83204
$297,900
For Sale
$297,900

MULTI_FAMILY - Pocatello, ID

Property Size3,408 SF
Lot Size0.14 Acres
Price / SF$87.41
Days on Market48

Property Features for 331 S GRANT AVE

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Bedrooms
5
Bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
Standard status
Active
Size
3,408 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Annual Amount
3011

Utilities

Heating system
Forced Air
Water source
Public

Building Details

Year built
1907
Number of units
2
Architectural style
Other
Listing agency Premier Properties Real Estate Co.
Listed by Greg Johnston · License #SP23782
Added: Jun 6 Updated: Jul 19 at 5:22AM Checked: Jul 23 at 3:06AM
MLS# 582734

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 duplex offers two separate residences on a single lot. The front home is a brick, two-story 3-bedroom layout with a large living room and a gas furnace. Plumbing in both homes has some updates, and the front house has a roof that is only a few years old.

The rear home is a 2-bedroom, 1-bath residence with an updated kitchen and a large living room. It also includes a fenced back yard. Both tenants are in place and have leases running for nearly one more year.

As an income-oriented purchase, the property is structured for straightforward operation with tenants already in residence and a manager in place. The configuration supports renting each unit independently, while the reported updates to plumbing, the front roof, and the rear kitchen can reduce near-term concerns for basic unit maintenance and function. This is a turnkey duplex with two active leaseholds already established, making it well-suited for buyers looking for a managed, income-producing setup.

Key Highlights

  • Duplex on one lot with 2 leased homes—front 3‑bedroom, and back 2‑bedroom—both tenants have leases nearly one more year
  • Front house: large 3‑bedroom, 2‑story brick home with gas furnace, large living room, and roof that is only a few years old
  • Front house rents for $1,350/month plus $50 pet fee and about $100/month water bill reimbursement (total about $1,500/month)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Grocery & Convenience Store Storage Facility Bakery Cafe & Coffee Shop Plumbing Service Auto Repair Shop Kitchen & Bath Showroom Gym & Fitness Center (Bike/Boat/Book/etc) Store Arcade & Gaming Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two rental homes on one lot, each with updated components and existing tenants under leases.
Where is this duplex located?
The property is located at 331 S GRANT AVE Pocatello, ID.
What is the asking price?
The asking price for this property is $297,900.
What are key features of this property?
This property features: Duplex on one lot with 2 leased homes—front 3‑bedroom, and back 2‑bedroom—both tenants have leases nearly one more year; Front house: large 3‑bedroom, 2‑story brick home with gas furnace, large living room, and roof that is only a few years old; Front house rents for $1,350/month plus $50 pet fee and about $100/month water bill reimbursement (total about $1,500/month)
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