Duplex With Separate
For Sale
$299,900
612 N Arthur, Pocatello, ID 83204
MULTI-FAMILY, Separate Buildings, Pocatello, ID
Property Size3,500 SF
Lot Size0.10 Acres
Price / SF$85.69
Days on Market201
Property Features for 612 N Arthur
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2
Subdivision
Pocatello Townsite
Elementary school
Jefferson
Middle school
Irving
High school
Pocatello
Standard status
Active
Size
3,500 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
2492
Utilities
Heating system
Forced Air
Water source
Public
Amenities
off-street parking
fenced backyard
laundry hookups
original hardwood floors
Building Details
Year built
1935
Building materials
Concrete Block, Frame
Architectural style
Other
Listing Agency:
ReMax Country Real Estate
(208) 234-4444
Listed By:
Billy Satterfield · License #AB24532
(208) 221-3400
Added: Mar 17
Changed: Sep 16
Last Checked: Oct 3 at 4:06AM
MLS# 581950
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 residential duplex comprises two separate buildings totaling 3,500 square feet on a 0.1-acre parcel. The front residence offers three bedrooms and one bathroom, with original hardwood floors, woodwork, and a classic staircase. A finished rear apartment provides two bedrooms and laundry hookups. The property includes a fenced, landscaped backyard and off-street parking serving the rear unit.
Located at 612 N Arthur in Pocatello’s historic Old Town area, the property is zoned Residential. Construction dates to 1935 and includes concrete block and frame materials. Forced-air heating and public water serve the improvements.
Located at 612 N Arthur in Pocatello’s historic Old Town area, the property is zoned Residential. Construction dates to 1935 and includes concrete block and frame materials. Forced-air heating and public water serve the improvements.
Key Highlights
- Two separate residential buildings on a 0.1‑acre parcel
- 3,500 square feet of total property size
- Front home includes 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,616
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$472,320
$472.3K
Cap Rate 7%
$337,371
$337.4K
Cap Rate 9%
$262,400
$262.4K
Market Conditions
NOI Build-Up for 3,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$35.7K $10.20/SF
− Vacancy
−$2.0K −$0.56/SF
EGI
$33.7K $9.64/SF
− OpEx
−$10.1K −$2.89/SF
NOI
$23.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$472,320
Cap Rate 7%
$337,371
Cap Rate 9%
$262,400
Alternative Uses
Best Use
Multifamily LT 5
$337.4K
$295.2K – $393.6K
NOI $23,616 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$314.2K
$274.9K – $366.5K
NOI $21,991 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$580.0K
$507.5K – $676.6K
NOI $40,597 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,282
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct residences include a vintage front home and a finished rear apartment with laundry hookups.
Where is this duplex located?
The property is located at 612 N Arthur Pocatello, ID.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two separate residential buildings on a 0.1‑acre parcel; 3,500 square feet of total property size; Front home includes 3 bedrooms and 1 bathroom
