Updated Duplex with New
For Sale
$300,000
3844 Jason Ave, Pocatello, ID 83204
Residents pay their own electric, while ownership covers water, sewer, and trash service.
Property Size2,124 SF
Price / SF$141.24
Days on Market12
Property Features for 3844 Jason Ave
General Information
Standard status
Active
Size
2,124 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,508
Amenities
true
2
5
Washer/Dryer Hookups (All Units)
false
Square Feet
Partial
Standard Lot 6000-9999 SF
City Service
0.19
1
120x70
Slab
2124
Building Details
Building Size
2,124 SF
Year Built
1940
Listing Agency:
Idaho Falls Real Estate Investment Brokerage Corporation
(208) 510-0551
Listed By:
Isai Rojas Gonzalez
Source:
Evolvbrokerage
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 3:43PM
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 Idaho Falls Real Estate Investment Brokerage Corporation
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Investment Insights
Based on property information with market context.
This 2,124-square-foot duplex, built in 1940, contains two units: a front residence with two bedrooms and one bathroom, and a rear residence with three bedrooms and one bathroom. Both have received interior paint and flooring updates. The rear unit’s third bedroom has a closet but no window. Each residence is equipped with a new stainless steel oven, refrigerator, and microwave, and washer/dryer hookups are available in both units.
The property is just off I-15 on Jason Avenue in Pocatello. Residents are responsible for their own electric service; water, sewer, and trash are paid by ownership. The property has no gas meters.
The property is just off I-15 on Jason Avenue in Pocatello. Residents are responsible for their own electric service; water, sewer, and trash are paid by ownership. The property has no gas meters.
Key Highlights
- Two‑unit property totals 2,124 square feet
- Front unit has 2 bedrooms and 1 bathroom; rear unit has 3 bedrooms and 1 bathroom
- New stainless steel oven, refrigerator, and microwave in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,331
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,620
$286.6K
Cap Rate 7%
$204,729
$204.7K
Cap Rate 9%
$159,233
$159.2K
Market Conditions
NOI Build-Up for 2,124 SF
Gross rent
$21.7K $10.20/SF
− Vacancy
−$1.2K −$0.56/SF
EGI
$20.5K $9.64/SF
− OpEx
−$6.1K −$2.89/SF
NOI
$14.3K $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%
$286,620
Cap Rate 7%
$204,729
Cap Rate 9%
$159,233
Alternative Uses
Best Use
Multifamily LT 5
$204.7K
$179.1K – $238.9K
NOI $14,331 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$190.7K
$166.8K – $222.4K
NOI $13,346 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$352.0K
$308.0K – $410.6K
NOI $24,637 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 83204, ID
18,408
Population
8,238
Households
2.2
Avg Household Size
38
Median Age
32%
College-Educated
94%
High-School Grad
280.1 sq mi
ZIP Area
66
Density / Sq Mi
$55,191
Median Household Income
$33,806
Median Earnings
$748
Median Rent
$233,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Residents pay their own electric, while ownership covers water, sewer, and trash service.
Where is this duplex located?
The property is located at 3844 Jason Ave Pocatello, ID.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two‑unit property totals 2,124 square feet; Front unit has 2 bedrooms and 1 bathroom; rear unit has 3 bedrooms and 1 bathroom; New stainless steel oven, refrigerator, and microwave in each unit
