602 N Government Way Coeur D Alene, ID 83814
Forest Heights NeighborhoodEstimated payment $5,728/month
Highlights
- City View
- Corner Lot
- No HOA
- Bryan Elementary School Rated A-
- Lawn
- Covered Patio or Porch
About This Home
INVESTOR AND DEVELOPER ALERT! This corner property is in the historic downtown sector of Coeur d'Alene within the renowned Garden District. TWO LOTS ZONED R-17 / INFILL DISTRICT which feature .20 total acres. Build brand new multifamily condo units or apartments. City Planning Department would allow for a three (3) floor multifamily dwelling w/ 45' maximum roof height. Unit count is determined by Floor-Area-Ratio (FAR). Calculus: 8,712 sq ft lot area x 2 = 17,424 sq ft. Imagine doing four (4) units per floor @ 1,400 sq ft per unit... that's 12 total units! No CC&R's or HOA's. Bring your vision and skillset to create new stylized development mere blocks away from the pulse of Sherman Ave, CdA Resort & Marina, Tubbs Hill, City Park, Independance Point, shopping, cafes, restaurants... all within short walking distance down streets lined with old growth trees. Existing 3 BR / 1.5 BA / 2,834 Sq Ft home cash flows excellent rent roll. Don't hesitate to capitalize on this opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,206
Year Built
- Built in 1916
Lot Details
- 8,712 Sq Ft Lot
- Open Space
- No Common Walls
- Landscaped
- Corner Lot
- Level Lot
- Open Lot
- Lawn
Parking
- Paved Parking
Property Views
- City
- Neighborhood
Home Design
- Duplex
- Brick Foundation
- Concrete Foundation
- Pillar, Post or Pier Foundation
- Frame Construction
- Shake Roof
- Wood Shingle Roof
- Lap Siding
Interior Spaces
- 2,162 Sq Ft Home
- Multi-Level Property
- Fireplace
- Unfinished Basement
- Basement Cellar
Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 2 Bathrooms
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heating System Uses Wood
- Gas Available
- Gas Water Heater
- Internet Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number C0765002005A
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $3,206 | $551,040 | $300,000 | $251,040 |
2023 | $3,206 | $654,655 | $376,000 | $278,655 |
2022 | $3,616 | $654,655 | $376,000 | $278,655 |
2021 | $3,891 | $430,573 | $235,000 | $195,573 |
2020 | $2,686 | $285,324 | $159,264 | $126,060 |
2019 | $2,836 | $250,960 | $132,720 | $118,240 |
2018 | $3,012 | $240,210 | $132,720 | $107,490 |
2017 | $2,971 | $218,410 | $110,600 | $107,810 |
2016 | $2,634 | $183,640 | $79,000 | $104,640 |
2015 | $2,736 | $186,045 | $76,725 | $109,320 |
2013 | $2,452 | $152,580 | $49,500 | $103,080 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/07/2025 08/07/25 | Price Changed | $1,025,000 | -4.7% | $474 / Sq Ft |
07/10/2025 07/10/25 | Price Changed | $1,075,000 | -4.4% | $497 / Sq Ft |
06/17/2025 06/17/25 | For Sale | $1,125,000 | 0.0% | $520 / Sq Ft |
09/04/2024 09/04/24 | For Rent | $2,300 | -- | -- |
Source: Coeur d'Alene Multiple Listing Service
MLS Number: 25-6221

APN: C0765002005A
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