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516 riverside, Pocatello, ID 83204

Pocatello
Local realty services provided by:CENTURY 21 High Desert
516 riverside,Pocatello, ID 83204
$2,250,000
  • 3.03 Acres
  • Lots / Land
  • Active
Listed by: ryan olsen
Office: mountain retreat real estate
MLS#:582945
Source:ID_PAOR

Price summary

  • Price:$2,250,000

About this home

Zero entitlement risk. Zero delay. Zero guesswork. Aspen Apartments at 516 Riverside Drive, Pocatello, Idaho is one of the most compelling shovel-ready multifamily development opportunities in Southeast Idaho — fully approved, permit-ready, and available now at $2,250,000. All engineering, civil plans, and entitlements transfer with the sale, eliminating 18 to 36 months of municipal processing and $300,000 to $600,000 in typical pre-development soft costs. A qualified developer can move from acquisition to groundbreaking with minimal delay. The site sits along the Portneuf River corridor, steps from Sacajawea Park trails, minutes from Idaho State University's 13,933-student campus, and within easy reach of Portneuf Medical Center — three of the most reliable demand drivers in any multifamily market. With over 37% of Pocatello's rental stock built before 1980 and ISU on-campus housing at 100% capacity, the case for modern product here writes itself. Estimated construction cost:...

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Home facts

  • Listing ID #:582945
  • Added:94 day(s) ago
  • Updated:October 01, 2026 at 04:40 PM

Structure and exterior

  • Lot area:3.03 Acres
  • Lot Features:Low Traffic

Schools

  • High school:Pocatello
  • Middle school:Irving
  • Elementary school:Jefferson

Utilities

  • Water:City Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$2,250,000
  • Tax amount:$1,194

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