Duplex with Valley
For Sale
$415,000
871 Renee Ave, Pocatello, ID 83204
MULTI-FAMILY, All Units-One Building, Pocatello, ID
Property Size2,480 SF
Lot Size0.32 Acres
Price / SF$167.34
Days on Market144
Property Features for 871 Renee Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 3
Fencing
Chain Link
Lot features
Interstate Exit/ Access, Near Park, Near Public Bus Stop, Near Schools, Near University/ College
Elementary school
Tendoy
Middle school
Franklin
High school
Century
Subdivision
University Area
Standard status
Active
Size
2,480 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Annual Amount
3018
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1976
Number of units
2
Building materials
Frame
Architectural style
Other
Listing Agency:
Real Broker, LLC
(208) 609-9820
Listed By:
Dan Thomas
(208) 360-1293
Added: Jun 8
Changed: Oct 22
Last Checked: Oct 29 at 12:06AM
MLS# 582745
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.
This duplex is a 2,480-square-foot frame property on 0.32 acres, constructed in 1976. The building includes five bedrooms and three bathrooms, with heat pump heating and cooling, chain-link fencing, and public water service. Residential zoning supports the existing multifamily configuration.
The property is located in Pocatello near Idaho State University and Portneuf Medical Center. Valley-facing views and sunset scenery are noted from the site. Its documented operating history includes room rentals and Airbnb use, with the property also presented as suitable for short-term, mid-term, or long-term rental strategies.
The property is located in Pocatello near Idaho State University and Portneuf Medical Center. Valley-facing views and sunset scenery are noted from the site. Its documented operating history includes room rentals and Airbnb use, with the property also presented as suitable for short-term, mid-term, or long-term rental strategies.
Key Highlights
- 2,480‑square‑foot duplex on 0.32 acres
- Five bedrooms and three bathrooms
- Frame construction completed in 1976
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,733
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,660
$334.7K
Cap Rate 7%
$239,043
$239.0K
Cap Rate 9%
$185,922
$185.9K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$25.3K $10.20/SF
− Vacancy
−$1.4K −$0.56/SF
EGI
$23.9K $9.64/SF
− OpEx
−$7.2K −$2.89/SF
NOI
$16.7K $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%
$334,660
Cap Rate 7%
$239,043
Cap Rate 9%
$185,922
Alternative Uses
Best Use
Multifamily LT 5
$239.0K
$209.2K – $278.9K
NOI $16,733 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$222.6K
$194.8K – $259.7K
NOI $15,582 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$410.9K
$359.6K – $479.4K
NOI $28,766 @ 7.0% cap · market cap 6.93%
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
298
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 - Residential zoning, frame construction, and public water define this duplex property.
Where is this duplex located?
The property is located at 871 Renee Ave Pocatello, ID.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 2,480‑square‑foot duplex on 0.32 acres; Five bedrooms and three bathrooms; Frame construction completed in 1976
