$2,285,000

Estimated payment $13,042/month

Total Views 141
-- Bed
-- Bath
11,664 Sq Ft
$196 Price per Sq Ft

Highlights

  • 0.52 Acre Lot
  • No HOA
  • Cooling Available
  • Territorial View
  • Covered Deck
  • Open Space

About This Home

Hard to find rental income property in the heart of Coeur d'Alene. Located just a few blocks north of Coeur d'AleneLake. This 12 Plex in two separate structures includes lots of recent updates including a brand new exterior paint job. Most of the units have been remodeled and updated. Good parking is hard to find and this 12 Plex has covered parking. Being offered at a 7% cap rate, this is an investment opportunity in a very sought after town in an asset class that is very hard to find in Coeur d'Alene.

Listing Agent

Joel Elgee

Avalon 24 Real Estate License #DB30193 Listed on: 09/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,421

Year Built

  • Built in 1974 | Remodeled in 2025

Lot Details

  • 0.52 Acre Lot
  • Open Space
  • Southern Exposure
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Wood Siding

Interior Spaces

  • 11,664 Sq Ft Home
  • Multi-Level Property
  • Territorial Views

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Covered Deck

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for water, sewer, gas
  • Assessor Parcel Number C6705001003A

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • Gross Income $200,832

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,421

Year Built

Built in 1974 | Remodeled in 2025

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: MultiFamily
  • Lot Size Acres: 0.52
  • Road Surface Type: Paved
  • Inclusions: All appliances
  • Subdivision Name: N/A
  • Directions: Hattie between Gov Way & 4th
  • Year Built: 1974
  • General Property Description:Lot Acres2: 0.52
  • General Property Description:Lot Type 1: Duplex/Multi
  • Legal and Taxes:Zoning2: RES
  • Legal and Taxes:Tax Year2: 2024
  • Property Subject To:Homeowners Assoc2: No
  • Property Subject To:Flood Zone2: Unknown
  • View:Territorial: Yes
  • Road Paved: Yes
  • Water:City5: Yes
  • General Property Description:Building Style: Multi Level
  • General Property Description:Remodeled: Yes
  • General Property Description:Year of Remodel: 2025
  • General Property Description:New Construction: No
  • Fuel:Electric: Yes
  • Foundation:Concrete: Yes
  • Roof:Rolled Comp: Yes
  • General Property Description:Total SqFt2: 11664.0
  • Special Features: VirtualTour
  • Year Renovated: 2025

Interior Features

  • Owner Pays: Water, Sewer, Gas
  • Has Basement: Daylight, Walk-Out Access
  • Basement YN: No
  • Living Area: 11664.0
  • Basement:Daylight: Yes
  • Interior Features:Wall Unit(s): Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Lot Features: Sprinklers In Front, Open Lot, Landscaped, Level, Southern Exposure
  • View: Territorial
  • Exclusions: Tenant personal prop
  • Construction Type: Wood Siding, Brick, Frame
  • Exterior Features: See Remarks
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered Deck
  • Roof: Rolled Comp
  • Lot Features:Southern Exposure: Yes
  • Exterior Features:Covered Deck: Yes
  • Exterior Features:See Remarks3: Yes
  • Construction:Frame: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Curbs: Yes
  • Exterior:Brick2: Yes

Garage/Parking

  • General Property Description:Garage Type2: Carpor
  • General Property Description:Garage Stall2: 4+ Car

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Community Features: Curbs
  • Association: No

Schools

  • Junior High Dist: CDA - 271

Lot Info

  • Lot Size Sq Ft: 22651.2
  • Additional Parcels Description: 120307
  • Parcel #: C6705001003A
  • Zoning: RES

Rental Info

  • Tenant Pays: Electricity, Cable TV

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 10420.86
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 For Sale $2,285,000 0.0% $196 / Sq Ft
08/24/2025 08/24/25 Pending -- -- --
06/12/2025 06/12/25 For Sale $2,285,000 -- $196 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 25-6057

Coeur d