$1,500,000
Coeur d'Alene, ID 83814
MLS# 25-4329
Status: Closed
4736 sqft
1 / 16
Property Description
The Milbery Apartments is a one-of-a-kind Coeur d'Alene gem. Every inch of this property was thoughtfully renovated over 24 months, with all major systems and capital expenditure items being addressed during renovations. Located in the direct path of progress and boasting a strong rental history, this property is positioned to be a long-term, attractive, cash-flowing asset. Each unit is individually metered for electricity, leaving water, sewer, and trash as the only utility responsibilities of the owner. New ownership will inherit a turnkey building, renovated with premium materials and requiring very little future maintenance.
Details
Maps
Contract Information
Neighborhood Grid #: 104
Short Sale: No
REO: No
Financing: Unknown
Status: Closed
Listing Type: Multi Family
Area: 01 - Cd'A Urban/Dalton
Sold Date: 2026-02-03
Begin Date: 2025-05-04
List Price: $1,500,000
Under Contract Date: 2025-10-27
General Property Description
Building Style: Multi Level
Realtor.COM Type: Multi-Family
Lot Acres: 0.12
Basement: No
Lot Type 1: Commercial
Total SqFt.: 4736
New Construction: No
ESTIMATED SqFt Source: Assessor
Garage Stall: None
SqFt Per: Complex
Number of Units: 8
Year Built: 1949
Legal and Taxes
AIN/Tax Bill: 175064
Taxes: 5168.76
Zoning: DC
Tax Year: 2024
Taxes Reflect 1: No Exemptions
Legal: CDA & KINGS ADD, LT 12 EX RR RW BLK 15 1350N04W
Parcel Number: C1800015012A
School District: CDA - 271
Directions: 2nd Street to Wallace. Corner of Wallace and 2nd in CdA
Subdivision: N/A
Remarks
Public Remarks: The Milbery Apartments is a one-of-a-kind Coeur d'Alene gem. Every inch of this property
was thoughtfully renovated over 24 months, with all major systems and capital expenditure
items being addressed during renovations. Located in the direct path of progress and boasting
a strong rental history, this property is positioned to be a long-term, attractive, cash-flowing
asset. Each unit is individually metered for electricity, leaving water, sewer, and trash as the only
utility responsibilities of the owner. New ownership will inherit a turnkey building, renovated
with premium materials and requiring very little future maintenance.
Property Subject To
CC&Rs: No
Homeowners Assoc: No
Non-Mtg Lien: No
LID: No
Flood Zone: No
Aircraft Flight Zone: No
Fire Protection Dist: Yes
View
City: 1
Lot Features
Level: 1
Terms Considered
1031 Exchange: 1
Cash: 1
Conventional: 1
Road
Paved: 1
Water
City: 1
Sewer
Public Sewer: 1
Fuel
Electric: 1
Heating
Cadet: 1
Basement
Crawl Space: 1
Foundation
Concrete: 1
Construction
Frame: 1
Exterior
Wood Siding: 1
Roof
Comp Shingle: 1
Address
Street Number: 503
Street Direction Pfx: N
Street Name: 2ND
Street Suffix: ST
State/Province: ID
Postal Code: 83814
County: Kootenai
Property Features
Lot Features: Level
Fuel: Electric
Heating: Cadet
Basement: Crawl Space
Foundation: Concrete
Construction: Frame
Exterior: Wood Siding
Roof: Comp Shingle
Road: Paved
Sewer: Public Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Listing Office: Widmyer Corporation
Last Updated: June - 19 - 2026
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