$2,285,000
Coeur d'Alene, ID 83814
MLS# 25-6058
5822 sqft
1 / 26
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: Comm'l Bldg w/Land
Area: 01 - Cd'A Urban/Dalton
Neighborhood Grid #: 107
Begin Date: 2025-06-12
List Price: $2,285,000
General Property Description
Building Style: Multi Level
Basement: No
Year Built: 1974
New Construction: No
Total #/Bldgs: 2
Total SqFt.: 5822
SqFt. 1: 1940
SqFt. 2: 1940
SqFt. 3: 1940
Bldg #2 Sq Ft: 5822
ESTIMATED SqFt Source: Assessor
Lot Acres: 0.52
Lot Type 1: Duplex/Multi
Business Type: See Remarks
Realtor.COM Type: Commercial
Legal and Taxes
Legal: NOVAKS ADD, LT 3, W 50 FT-LT 4 BLK 1 12 50N 04W
AIN/Tax Bill: 120307
Parcel Number: C6705001003A
Zoning: RES
Directions: Hattie between Gov Way & 4th
Taxes: 10420.86
Tax Year: 2024
Taxes Reflect 1: No Exemptions
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
BID: No
Non-Mtg Lien: No
LID: No
Flood Zone: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Miscellaneous
Sec: 12
Twn: 4
Rng: 4
Rng Dir: WBM
Business Info
Inventory List Available?: No
Inventory Included in Sale Price?: No
Equipment Included in Sale Price?: None
Confidential from Employees?: No
Other Structures
# Carports: 14
Property Features
View: Territorial
Lot Features: Level; Open; Southern Exposure
Interior Features: Wall Unit(s)
Exterior Features: Curbs; Landscaping; Lawn; Sprinkler System; See Remarks
Common Walls: 2+ Common Walls
Fuel: Electric
Heating: Baseboard
Basement: Walk-Out Access
Construction: Frame
Foundation: Concrete
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 - 16 - 2025
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