Updated Duplex with Separate
For Sale
$239,995
631 S Hayes Street, Pocatello, ID 83204
Residential Income, Pocatello, ID
Property Size1,886 SF
Lot Size0.20 Acres
Price / SF$127.25
Days on Market49
Property Features for 631 S Hayes Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
General Zoning: Res-Multi-Family, Specific Zoning: Pocatello-Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Basement
Interior features
Ceiling Fan(s)
Basement
Finished, Full, Exterior Entry, Walk-Out Access
Appliances
Separate Water Heaters, Dishwasher, Refrigerator, Oven, Stove
Subdivision
Pocatello Townsite-Ban
Lot features
Low Traffic, Established Lawn, Many Trees, Level
Elementary school
Jefferson Elementary (bannock)
Middle school
Irving Jr High
High school
Pocatello High
Directions
GPS
Special listing conditions
Short Sale
Standard status
Active
APN
RPPOC386600
Size
1,886 SF
Lot size
0.20 Acres
Additional Details
Individually Metered Utilities
electricity, gas
Taxes and HOA fees
Tax Year
2025
Tax Description
T6S-R34E S10' LOT 4 BLOCK 538 Pocatello Townsite
Tax Annual Amount
1104
Legal Description
T6S-R34E S10' LOT 4 BLOCK 538 Pocatello Townsite
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
shared laundry room
off-street parking
Building Details
Year built
1924
Number of units
2
Flooring type
Hardwood
Building materials
Frame, Metal Siding
Buildings
1
Listing Agency:
Gate City Real Estate
Listed By:
John Adams
(208) 233-6821
Added: Sep 10
Changed: Oct 24
Last Checked: Oct 28 at 10:06PM
MLS# 2189135
Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-unit residential property in Pocatello offers 1,886 square feet on a 0.2-acre lot. Both units have been updated and are currently vacant. Each residence is equipped with its own power meter, gas meter, furnace, and water heater, creating separate utility systems for the units. Interior features include hardwood flooring, ceiling fans, kitchens with refrigerators, ovens, stoves, and dishwashers, along with two bathrooms and four bedrooms across the property. Natural-gas forced-air heating serves the building.
Constructed in 1924 with frame construction and metal siding, the property includes a basement with shared laundry facilities. Alley access and off-street parking add practical convenience, while public water and public sewer serve the site. Located at 631 S Hayes Street in Pocatello, the duplex offers a residential income property configuration with both units available for occupancy.
Constructed in 1924 with frame construction and metal siding, the property includes a basement with shared laundry facilities. Alley access and off-street parking add practical convenience, while public water and public sewer serve the site. Located at 631 S Hayes Street in Pocatello, the duplex offers a residential income property configuration with both units available for occupancy.
Key Highlights
- Two‑unit property with 1,886 square feet on a 0.2‑acre lot
- Both units are updated and currently vacant
- Separate power meters, gas meters, furnaces, and water heaters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,725
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,500
$254.5K
Cap Rate 7%
$181,786
$181.8K
Cap Rate 9%
$141,389
$141.4K
Market Conditions
NOI Build-Up for 1,886 SF
Gross rent
$19.2K $10.20/SF
− Vacancy
−$1.1K −$0.56/SF
EGI
$18.2K $9.64/SF
− OpEx
−$5.5K −$2.89/SF
NOI
$12.7K $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%
$254,500
Cap Rate 7%
$181,786
Cap Rate 9%
$141,389
Alternative Uses
Best Use
Multifamily LT 5
$181.8K
$159.1K – $212.1K
NOI $12,725 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$169.3K
$148.1K – $197.5K
NOI $11,850 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$312.5K
$273.5K – $364.6K
NOI $21,876 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,092
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?
Duplex - Two vacant units feature individual utility systems, basement laundry, alley access, and off-street parking.
Where is this duplex located?
The property is located at 631 S Hayes Street Pocatello, ID.
What is the asking price?
The asking price for this property is $239,995.
What are key features of this property?
This property features: Two‑unit property with 1,886 square feet on a 0.2‑acre lot; Both units are updated and currently vacant; Separate power meters, gas meters, furnaces, and water heaters for each unit
