Updated Four-Unit
For Sale
$425,000
584 W Clark, Pocatello, ID 83204
Two-level income property with a balanced unit mix, recent interior improvements, and full occupancy.
Property Size2,800 SF
Price / SF$151.79
Days on Market49
Property Features for 584 W Clark
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Multi-Family
Building Details
Year Built
1935
Listing Agency:
Premier Properties Real Estate Co.
Listed By:
Greg Johnston · License #344
(509) 539-3834
Source:
Signaturerealestateid
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 28 at 12:42PM
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.
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Investment Insights
Based on property information with market context.
The quadplex at 584 W Clark in Pocatello, Idaho, contains 2,800 square feet arranged across two levels. The upper floor includes two one-bedroom apartments, while the main floor offers two two-bedroom apartments. Heating is provided by gas furnaces or gas wall units, and recent work includes select carpeting, tile flooring, and tile shower surrounds.
Built in 1935, the property occupies a corner lot and includes a sprinkler system. The basement has a laundry area served by a dedicated electric meter. The owner pays for water, gas hot water, and that basement laundry-area electric service. All four units are currently occupied.
Built in 1935, the property occupies a corner lot and includes a sprinkler system. The basement has a laundry area served by a dedicated electric meter. The owner pays for water, gas hot water, and that basement laundry-area electric service. All four units are currently occupied.
Key Highlights
- Four‑unit configuration with two 1‑bedroom and two 2‑bedroom apartments
- 2,800 SF quadplex built in 1935
- Two 1‑bedroom units on the upper level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,892
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,840
$377.8K
Cap Rate 7%
$269,886
$269.9K
Cap Rate 9%
$209,911
$209.9K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$28.6K $10.20/SF
− Vacancy
−$1.6K −$0.56/SF
EGI
$27.0K $9.64/SF
− OpEx
−$8.1K −$2.89/SF
NOI
$18.9K $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%
$377,840
Cap Rate 7%
$269,886
Cap Rate 9%
$209,911
Alternative Uses
Best Use
Multifamily LT 5
$269.9K
$236.2K – $314.9K
NOI $18,892 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$251.3K
$219.9K – $293.2K
NOI $17,593 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$464.0K
$406.0K – $541.3K
NOI $32,478 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,401
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two-level income property with a balanced unit mix, recent interior improvements, and full occupancy.
Where is this quadplex located?
The property is located at 584 W Clark Pocatello, ID.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four‑unit configuration with two 1‑bedroom and two 2‑bedroom apartments; 2,800 SF quadplex built in 1935; Two 1‑bedroom units on the upper level
