310 E Center St
Pocatello, ID 83201
Number of Units: 42
Type: Multi-Unit Residential
Listing Courtesy of: Keller Williams Realty Boise 208-672-9000
Investor-ready downtown Pocatello landmark! This fully functional, income-producing mixed-use building offers 42 residential units, 6 commercial storefronts, and over 16,000 SF of unfinished basement. All steps from Idaho State University. With recent capital upgrades (roof, HVAC, electrical, and more), this historic 47,000+ SF asset is primed for value-add strategies like sober living, student housing, or co-living. Current NOI supports a ~6% cap rate, with under-market rents and ~20% vacancy upside. Walkable location in Pocatello's vibrant historic district. Zoned for flexible use. Ideal for investors, housing operators, or mission-driven groups. Schedule your tour and explore the potential of this amazing investment opportunity.
Property Features
MLS Area: Out of Area - 2000
Directions: From S 1st Ave, E on E Center St, property on left
Total Number of Units: 42
Construction: Brick, Concrete, Frame
Lot Features: 10000SF - .49, Bus on City Route
Present Use: 5+ Units, Commercial Retail, Historic District
School District: Pocatello School District #25
Elementary School: Edahow
High School: Highland (Pocatello)
Documents Available: Other
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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© 2025 Intermountain MLS. All rights reserved.
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Intermountain-Boise data last updated at November 16, 2025, 6:19 AM MT
