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New-Construction Triplex
For Sale
$950,000

617 W Bridger, Pocatello, ID 83204

Three vacant residences offer varied layouts, private garages, spacious kitchens, and gas heat with central air conditioning.

Property Size6,510 SF
Price / SF$145.93
Days on Market27

Property Features for 617 W Bridger

General Information

Standard status Active
Size 6,510 SF
Total Parking Spaces 5
Property subtype Multi-Family

Units

Unit Mix 1 x 7BR/4BA, 1 x 3BR/1BA, 1 x 1BR/2BA
Multifamily Units 3

Additional Details

Sprinkler System Yes

Amenities

gas heat
central A/C
instant hot water heaters

Building Details

Year Built 2026
Listing Agency: Premier Properties Real Estate Co.
Listed By: Greg Johnston · License #344
Source: Signaturerealestateid
Added: Sep 14 Changed: Oct 2 Last Checked: Oct 7 at 4:46PM

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.

Investment Insights

Based on property information with market context.

Completed in 2026, this triplex contains 6,510 square feet across three vacant residences. The primary unit is a two-story apartment with 7 bedrooms, 4 bathrooms, 3,440 square feet, a two-car garage, a large kitchen island, pantry, dining area, tile shower surrounds, and a jetted tub. A basement residence provides 3 bedrooms, 1 bathroom, an office, custom kitchen cabinetry, and a large living room. The separate second house includes 1 bedroom, 2 bathrooms, and a three-car garage.

Additional property features include a corner-lot setting, sprinkler system, gas heat, central air conditioning, and instant hot water heaters. The three residences offer distinct layouts and garage configurations within one multifamily property.

Key Highlights

  • Triplex completed in 2026 with all three units vacant
  • 6,510 square feet across three residences
  • Main unit includes 7 bedrooms, 4 bathrooms, 3,440 square feet, and a 2‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,925
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$878,500 $878.5K
Cap Rate 7%
$627,500 $627.5K
Cap Rate 9%
$488,056 $488.1K
Market Conditions
NOI Build-Up for 6,510 SF
Gross rent
$66.4K $10.20/SF
− Vacancy
−$3.7K −$0.56/SF
EGI
$62.7K $9.64/SF
− OpEx
−$18.8K −$2.89/SF
NOI
$43.9K $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%
$878,500
Cap Rate 7%
$627,500
Cap Rate 9%
$488,056

Alternative Uses

Best Use
Multifamily LT 5
$627.5K
$549.1K – $732.1K (±1% cap)
NOI $43,925 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$584.3K
$511.3K – $681.7K (±1% cap)
NOI $40,904 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$1.08M
$943.9K – $1.26M (±1% cap)
NOI $75,511 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Acupuncture Veterinary Clinic Dental Office Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

845
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three vacant residences offer varied layouts, private garages, spacious kitchens, and gas heat with central air conditioning.
Where is this triplex located?
The property is located at 617 W Bridger Pocatello, ID.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Triplex completed in 2026 with all three units vacant; 6,510 square feet across three residences; Main unit includes 7 bedrooms, 4 bathrooms, 3,440 square feet, and a 2‑car garage
More about this property
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