$2,285,000
Coeur d'Alene, ID 83814
MLS# 25-6057
11664 sqft
1 / 27
Property Description
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.
Details
Maps
Contract Information
Status: Active
Listing Type: Multi Family
Area: 01 - Cd'A Urban/Dalton
Neighborhood Grid #: 107
Begin Date: 2025-06-12
List Price: $2,285,000
Short Sale: No
REO: No
General Property Description
Realtor.COM Type: Multi-Family
Number of Units: 12
1 BR units: 2
2 BR units: 10
Building Style: Multi Level
Basement: No
Garage Type: Carpor
Garage Stall: 4+ Car
Total SqFt.: 11664
SqFt. 1: 3992
SqFt. 2: 3992
SqFt. 3: 3992
ESTIMATED SqFt Source: Assessor
SqFt Per: Complex
Year Built: 1974
Remodeled: Yes
Year of Remodel: 2025
New Construction: No
Lot Acres: 0.52
Lot Type 1: Duplex/Multi
Legal and Taxes
Legal: NOVAKS ADD, LT 3, W 50 FT-LT 4 BLK 1 1250N04W & NOVAKS ADD, E 53 FT-LT 4, LT 5 EX E 45 FT BLK 1 1250N04W
AIN/Tax Bill: 120307
Parcel Number: C6705001003A
School District: CDA - 271
Zoning: RES
Directions: Hattie between Gov Way & 4th
Taxes: 10420.86
Tax Year: 2024
Taxes Reflect 1: No Exemptions
Subdivision: N/A
Remarks
Public Remarks: 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.
Address
Street Number: 107 & 111
Street Direction Pfx: E
Street Name: HATTIE
Street Suffix: AVE
State/Province: ID
Postal Code: 83814
County: Kootenai
Property Subject To
CC&Rs: No
Homeowners Assoc: No
LID: No
Non-Mtg Lien: No
Flood Zone: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Fire Protection Name: Kootenai
Miscellaneous
Sec: 12
Twn: 4
Rng: 4
Rng Dir: WBM
Utilities Paid By
Cable: Tenant
Electric: Tenant
Gas: Landlord
Sewer: Landlord
Water: Landlord
Personal Property Included
Inclusions: All appliances
Property Features
View: Territorial
Lot Features: Level; Open; Southern Exposure
Interior Features: Wall Unit(s)
Exterior Features: Covered Deck; Curbs; Landscaping; Sprinkler System - Front; See Remarks
Fuel: Electric
Heating: Baseboard
Basement: Daylight; Walk-Out Access
Foundation: Concrete
Construction: Frame
Exterior: Brick; Wood
Roof: Rolled Comp
Road: Paved; Public Maintained Road
Sewer: City Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Showing Instructions: ShowingTime Online
Listing Office: Avalon 24 Real Estate
Last Updated: June - 19 - 2025
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