$1,025,000
$100K PRICE DROP

602 N Government Way Coeur D Alene, ID 83814

Forest Heights Neighborhood

Estimated payment $5,680/month

Total Views 5,423
3 Beds
2 Baths
2,162 Sq Ft
$474 Price per Sq Ft

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!

Listing Agent

Ryan Schuster

Kelly Right Real Estate License #SP42624 Listed on: 06/17/2025

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,206

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub Type: Site Built < 2 Acre
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: Downtown CdA Garden District. Take N Government Way, go South of Foster and then North of E Garden Ave.
  • Year Built: 1916
  • General Property Description:Lot Acres2: 0.2
  • General Property Description:Lot Type 1: Duplex/Multi
  • Legal and Taxes:Zoning2: CDA R-17
  • Legal and Taxes:Tax Year2: 2024
  • View:Neighborhood: Yes
  • Road Paved: Yes
  • Water:City5: Yes
  • Sewer:City Sewer: Yes
  • General Property Description:Building Style: Multi-Level
  • General Property Description:New Construction: No
  • Property Subject to:Homeowners Assoc: None
  • Property Subject to:Flood Zone: No
  • Common Walls:No Common Walls: Yes
  • Fuel:Wood: Yes
  • Appliances Refrigerators: Yes
  • Foundation:Concrete: Yes
  • Flooring:Carpet: Yes
  • Fuel:Gas: Yes
  • Flooring:Vinyl2: Yes
  • Foundation:Pier Block: Yes
  • View:City4: Yes
  • Roof:Shake: Yes
  • Foundation:BrickMortar: Yes
  • Roof:Wood Shingle: Yes
  • General Property Description:Total SqFt2: 2162.0
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Gas Water Heater, Refrigerator, Disposal, Dishwasher
  • Has Basement: Unfinished, Cellar
  • Basement YN: Yes
  • Total Bedrooms: 3
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Cable Internet Available, Fireplace
  • Living Area: 2162.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Interior Features:Central Air: Yes
  • Interior Features:Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:RangeOven - Elec: Yes
  • Interior Features:Cable Internet Available: Yes
  • Appliances:Gas Water Heater2: Yes
  • Basement:Unfinished: Yes
  • Basement:Cellar: Yes

Exterior Features

  • Lot Features: Sprinklers In Front, Open Lot, Landscaped, Corner Lot, Level
  • View: City, Neighborhood
  • Common Walls: No Common Walls
  • Construction Type: Lap Siding, Frame
  • Exterior Features: Lawn
  • Foundation Details: Brick/Mortar, Concrete Perimeter, Pillar/Post/Pier
  • Patio And Porch Features: Covered Porch, Covered Patio
  • Roof: Shake, Wood
  • Lot Features:Open: Yes
  • Exterior Features:Lawn: Yes
  • Construction:Frame: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Sidewalks: Yes
  • Exterior Features:Covered Patio: Yes
  • Exterior Features:Covered Porch: Yes
  • Exterior Features:Curbs: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior:Lap Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved Parking
  • General Property Description:Garage Type2: Det Garage
  • General Property Description:Garage Stall2: 1 Car
  • Exterior Features:Paved Parking: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Fireplace(s), Cadet, Wood, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Fireplace2: Yes
  • Heating:Cadet: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Curbs
  • Association: No

Association/Amenities

  • Kitchen Amenities:Kitchen Peninsula: Yes

Schools

  • Junior High Dist: CDA - 271

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Additional Parcels Description: 105059
  • Parcel #: C0765002005A
  • Zoning: CDA R-17

Tax Info

  • Tax Annual Amount: 3205.74
  • 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

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
Source: Public Records

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

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 25-6221

Coeur d

APN: C0765002005A

Idaho Kootenai County Coeur d'Alene 83814 Forest Heights

602 N Government Way, Coeur d'Alene, ID

This home is located at 602 N Government Way, Coeur D Alene, ID 83814 and is currently priced at $1,025,000, approximately $474 per square foot. This property was built in 1916. 602 N Government Way is a home located in Kootenai County with nearby schools including Bryan Elementary School, Lakes Magnet Middle School, and Lake City High School.

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Ryan Schuster
Listing Agent
Ryan Schuster
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Kelly Right Real Estate
(208) 818-6362