Multifamily Building with Walkout
New
For Sale
$297,500
727 Jefferson Ave, Pocatello, ID 83201
MULTI-FAMILY, All Units-One Building, Pocatello, ID
Property Size2,494 SF
Lot Size0.15 Acres
Price / SF$119.29
Days on Market6
Property Features for 727 Jefferson Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6
Subdivision
Taney Tracts
Elementary school
Lewis & Clark
Middle school
Alameda
High school
Century
Standard status
Active
Size
2,494 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
2404
Utilities
Heating system
Forced Air
Water source
Public
Amenities
air conditioning units
walkout basement
fully fenced backyard
off-street parking
RV parking
Building Details
Year built
1948
Building materials
Frame
Architectural style
Other
Listing Agency:
Keller Williams Realty East Idaho
(208) 232-9010
Listed By:
Dave Nelson · License #SP28192
(208) 403-4362
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 17 at 6:06AM
MLS# 583824
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.
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Investment Insights
Based on property information with market context.
Built in 1948, this frame multifamily property contains 2,494 square feet with six bedrooms and two bathrooms. A walkout basement adds to the building’s configuration. Improvements include a steel roof, vinyl siding, a newer gas furnace, a newer water heater, and air-conditioning units on each level.
The 0.15-acre site has a fully enclosed backyard, a sprinkler system, off-street parking, and RV parking. The property is zoned Residential and receives public water. Schools, restaurants, and shopping are nearby.
The 0.15-acre site has a fully enclosed backyard, a sprinkler system, off-street parking, and RV parking. The property is zoned Residential and receives public water. Schools, restaurants, and shopping are nearby.
Key Highlights
- 2,494‑square‑foot multifamily property with six bedrooms and two bathrooms
- 0.15‑acre site with off‑street and RV parking
- Walkout basement
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 electrical metering and a dedicated heat source serve the property.
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 with six bedrooms and two bathrooms; 0.15‑acre site with off‑street and RV parking; Walkout basement
