Multifamily Property with Walkout
New
For Sale
$297,500
727 Jefferson Ave, Pocatello, ID 83201
Separate power metering and a dedicated heat source support independent utility arrangements.
Property Size2,494 SF
Price / SF$119.29
Days on Market6
Property Features for 727 Jefferson Ave
General Information
Standard status
Active
Size
2,494 SF
Property subtype
Residential Income
Additional Details
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$2,404
Amenities
air conditioning units
fully fenced backyard
walkout basement
separate power meter
separate heat source
Listing Agency:
Keller Williams Realty East Idaho
(208) 529-8888
Listed By:
The Nelson Group · License #3046_10052
(208) 227-5346
Source:
Exprealty
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 16 at 2:18PM
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 Keller Williams Realty East Idaho
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Investment Insights
Based on property information with market context.
This 2,494-square-foot multifamily property has three bedrooms and one bathroom on each level, plus a walkout basement. Improvements include a steel roof, vinyl siding, a newer gas furnace and water heater, and air-conditioning units on each level. A separate power meter and heat source serve the property, with a fenced backyard, sprinkler system, off-street parking, and RV parking.
The property is near schools, restaurants, and shopping. Showings require 48 hours’ notice to tenants.
The property is near schools, restaurants, and shopping. Showings require 48 hours’ notice to tenants.
Key Highlights
- 2,494‑square‑foot multifamily property
- Three bedrooms and one bathroom on each level
- Walkout basement, steel roof, and vinyl siding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,670
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,400
$313.4K
Cap Rate 7%
$223,857
$223.9K
Cap Rate 9%
$174,111
$174.1K
Market Conditions
NOI Build-Up for 2,494 SF
Gross rent
$29.9K $12.00/SF
− Vacancy
−$1.4K −$0.58/SF
EGI
$28.5K $11.42/SF
− OpEx
−$12.8K −$5.14/SF
NOI
$15.7K $6.28/SF
Area
Bannock County, ID
Vacancy
4.80%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,400
Cap Rate 7%
$223,857
Cap Rate 9%
$174,111
Alternative Uses
Best Use
Apartment 5plus
$223.9K
$195.9K – $261.2K
NOI $15,670 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$413.3K
$361.6K – $482.1K
NOI $28,928 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
744
Businesses Nearby
Explore this area
Business Placement
Demographics for 83201, ID
38,921
Population
15,885
Households
2.5
Avg Household Size
33
Median Age
34%
College-Educated
94%
High-School Grad
34.2 sq mi
ZIP Area
1,138
Density / Sq Mi
$63,209
Median Household Income
$34,118
Median Earnings
$905
Median Rent
$256,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Separate power metering and a dedicated heat source support independent utility arrangements.
Where is this multifamily property located?
The property is located at 727 Jefferson Ave Pocatello, ID.
What is the asking price?
The asking price for this property is $297,500.
What are key features of this property?
This property features: 2,494‑square‑foot multifamily property; Three bedrooms and one bathroom on each level; Walkout basement, steel roof, and vinyl siding
