Updated Side-by-Side
For Sale
$289,000
716 N Main Street, Pocatello, ID 83204
Residential Income, Pocatello, ID
Property Size1,460 SF
Lot Size0.10 Acres
Price / SF$197.95
Days on Market82
Property Features for 716 N Main Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
General Zoning: Res-Multi-Family, Specific Zoning: Pocatello-Commercial General
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Parking features
Off Street
Basement
Crawl Space
Appliances
Separate Water Heaters, Refrigerator, Oven, Stove
Subdivision
Pocatello Townsite-Ban
Lot features
Interstate Exit/ Access, Near Mall/ Shop, Near Park, Near Schools, Near Stream/ River, Near University/ College
Elementary school
Ellis
Middle school
Irving Jr High
High school
Pocatello High
Directions
From Yellowstone, turn onto E Benton St. Turn R onto N Main. Property will be on Right
Standard status
Active
APN
RPRPPOC271000
Size
1,460 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 13 BLOCK 426 POCATELLO TOWNSITE
Tax Annual Amount
1927
Legal Description
LOT 13 BLOCK 426 POCATELLO TOWNSITE
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
separate laundry hook ups
Building Details
Year built
1910
Number of units
2
Building materials
Frame, Metal Siding
Listing Agency:
Silvercreek Realty Group
(208) 523-6111
Listed By:
Sadi Richmond
(208) 241-7536
Added: Jul 14
Changed: Sep 13
Last Checked: Oct 3 at 3:06AM
MLS# 2187061
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.
Investment Insights
Based on property information with market context.
This side-by-side duplex contains two 2-bedroom, 1-bathroom units within 1,460 square feet. Each unit has separate laundry hookups, and recent improvements include a newer roof, siding, water heaters, luxury vinyl plank flooring, fresh paint, and replacement windows in one unit. The building also includes separate water heaters, kitchen appliances, forced-air natural gas heating, frame construction, and metal siding.
Located at 716 N Main Street in Pocatello, the property is near Idaho State University, shopping, parks, and other local amenities. The 0.1-acre parcel provides off-street parking and is served by public water and public sewer. The property is grandfathered for residential use within a commercial zone and may be switched to commercial use for business or mixed-use purposes.
Located at 716 N Main Street in Pocatello, the property is near Idaho State University, shopping, parks, and other local amenities. The 0.1-acre parcel provides off-street parking and is served by public water and public sewer. The property is grandfathered for residential use within a commercial zone and may be switched to commercial use for business or mixed-use purposes.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units in a side‑by‑side duplex
- 1,460 square feet on a 0.1‑acre parcel
- Recent roof, siding, water heater, flooring, paint, and window updates
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
$9,851
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
3.41%
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%
$197,020
$197.0K
Cap Rate 7%
$140,729
$140.7K
Cap Rate 9%
$109,456
$109.5K
Market Conditions
NOI Build-Up for 1,460 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
$14.9K $10.20/SF
− Vacancy
−$819 −$0.56/SF
EGI
$14.1K $9.64/SF
− OpEx
−$4.2K −$2.89/SF
NOI
$9.9K $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 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%
$197,020
Cap Rate 7%
$140,729
Cap Rate 9%
$109,456
Alternative Uses
Best Use
Multifamily LT 5
$140.7K
$123.1K – $164.2K
NOI $9,851 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$131.0K
$114.7K – $152.9K
NOI $9,173 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$241.9K
$211.7K – $282.3K
NOI $16,935 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate laundry hookups, off-street parking, and proximity to Idaho State University.
Where is this duplex located?
The property is located at 716 N Main Street Pocatello, ID.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units in a side‑by‑side duplex; 1,460 square feet on a 0.1‑acre parcel; Recent roof, siding, water heater, flooring, paint, and window updates
