Kirk and Mimi Fisher | REALTORS® | 208 661-9457

704 E WALLACE AVE, Coeur d’Alene, ID 83814 (MLS# 25-4907)


$965,000
704 E WALLACE AVE
Coeur d'Alene, ID 83814
MLS# 25-4907
Status: Pending
4 beds  |  4.5 baths  |  2982 sqft


704 E WALLACE AVE, Coeur d
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Property Description
Rare investment property or incredible primary residence in the Coveted Garden District of Coeur D'Alene. This unique property offers both timeless 1920s charm and modern opportunity with a highly successful income-producing rental history. The main house sleeps 12 with an additional 2 in the ADU! This professionally decorated home offers four bedrooms and four and a half baths in a beautifully preserved historic single-family home setting located in the heart of the Garden District. Just a few short blocks from vibrant downtown Sherman Avenue, Lake Coeur d'Alene, and Tubbs Hill. Enjoy the walkable lifestyle of one of the most desirable neighborhoods in town, surrounded by mature trees, historic architecture, and the cultural and culinary local attractions of downtown Coeur d'Alene. Featuring a thoughtfully designed Additional Dwelling Unit (ADU) , this property's opportunities are endless. See attached interior floor plan(s) and virtual tour(s).

Details
Maps
Contract Information
Status: Pending
Listing Type: Site Built < 2 Acre
Income Producing: Yes
Area: 01 - Cd'A Urban/Dalton
Neighborhood Grid #: 104
Begin Date: 2025-05-16
List Price: $965,000
Under Contract Date: 2025-05-22
Short Sale: No
REO: No
General Property Description
Realtor.COM Type: Residential - Single Family
Building Style: Multi-Level
Basement: Yes
Garage Type: Det Garage
Garage Stall: 1 Car
Total Bedrooms: 4
Total Bathrooms: 4.5
Total SqFt.: 2982
SqFt B: 825
SqFt 1: 853
SqFt 2: 814
SqFt Source: Assessor
Lot Acres: 0.13
Year Built: 1920
Remodeled: Yes
Year of Remodel: 2019
New Construction: No
Lot Type 1: Residential
Add'l Living Quarters: Yes
Add'l Living Quarters Beds: 1
Add'l Living Quarters Total Baths: 1
Add'l Living Quarters Approx SqFt: 490
Add'l Living Quarters SqFt Source: Builder
Add'l Living Quarters Year Built: 2022
Add'l Living Quarters Description: Guest House
Legal and Taxes
Legal: CDA & KINGS ADD, LT 1 BLK 28 13 50N 04W
AIN/Tax Bill: 128120
Parcel Number: C18000280010
School District: CDA - 271
Zoning: R-8
Taxes: 4427
Tax Year: 2024
Taxes Reflect 1: No Exemptions
Subdivision: CdA & Kings
Directions: From Sherman, North on 7th, E on Wallace, Home is on the corner of 7th and Wallace
Remarks
Public Remarks: Rare investment property or incredible primary residence in the Coveted Garden District of Coeur D'Alene. This unique property offers both timeless 1920s charm and modern opportunity with a highly successful income-producing rental history. The main house sleeps 12 with an additional 2 in the ADU! This professionally decorated home offers four bedrooms and four and a half baths in a beautifully preserved historic single-family home setting located in the heart of the Garden District. Just a few short blocks from vibrant downtown Sherman Avenue, Lake Coeur d'Alene, and Tubbs Hill. Enjoy the walkable lifestyle of one of the most desirable neighborhoods in town, surrounded by mature trees, historic architecture, and the cultural and culinary local attractions of downtown Coeur d'Alene. Featuring a thoughtfully designed Additional Dwelling Unit (ADU) , this property's opportunities are endless. See attached interior floor plan(s) and virtual tour(s).
Address Information
Street Number: 704
Street Direction Pfx: E
Street Name: WALLACE
Street Suffix: AVE
State/Province: ID
Postal Code: 83814
County: Kootenai
Property Subject to
CC&Rs: No
Homeowners Assoc: None
LID: No
Non-Mtg Lien: None
Flood Zone: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Miscellaneous
Sec: 13
Twn: 50
Rng: 04
Rng Dir: WBM
Rooms per Level
Bsmt Living Rm: 1
Bsmt Bath: 1
1st Fl Living Rm: 1
1st Fl Dining Room: 1
1st Fl Kitchen: 1
1st Fl Bdrm(s): 1
1st Fl Half Bath: 1
2nd Fl Bdrm(s): 2
2nd Fl Bath: 2
Flooring
Wood: Oak
Property Features
View: Neighborhood
Lot Features: Corner Lot
Interior Features: Fireplace; Smart Thermostat; Washer Hookup
Exterior Features: Fencing - Full; Lawn; Lighting; Open Deck; Paved Parking; Spa/Hot Tub; Sprinkler System - Back; Sprinkler System - Front
Common Walls: No Common Walls
Appliances: Dishwasher; Freezer; Microwave; Range/Oven - Gas; Refrigerator; Washer; Gas Water Heater
Fuel: Electric; Gas
Heating: Forced Air
Other Structures: Guest House; Shed
Bsmt: Full Size
Basement: Finished
Foundation: Concrete
Construction: Frame
Exterior: Asbestos
Flooring: Bamboo; Carpet; LVP; Tile
Roof: Metal
Road: Public Maintained Road
Sewer: City Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Supplements
Enjoy time with family and friends in the impeccably appointed finished basement with a non-conforming additional bedroom in the main house (5th bedroom), large dining area, and hot tub - perfect for entertaining! Additional washer/dryer hookups in the basement allow for customization of the home to fit your needs. This special historic home is one you do not want to miss!

Listing Office: Coldwell Banker Schneidmiller Realty

Last Updated: May - 23 - 2025

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