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Spirit Lake, ID Apartment Buildings for Sale

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Athol, ID Rathdrum, ID Blanchard, ID

Mixed-Use Investment Property, Spirit Lake

$640,000

3,596 SF

Mixed-Use Investment Property, Spirit Lake

6276 W MAINE St, Spirit Lake, ID 83869

Four-unit mixed-use property with value-add potential in Spirit Lake.

Prime mixed‑use investment property with strong cap rate and value‑add potential.
Exceptional location on Spirit Lake's Historic Main Street, one block from the lake.
4 Units: 1 commercial space with high visibility and 3 residential apartments.
All units currently occupied with proven low turnover in North Idaho's strong rental market.
Recent updates include newer roof and fresh paint.

Updated: Jan 2

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$640,000

4,325 SF

Mixed-Use Investment Property in Spirit

6236 W MAINE St, Spirit Lake, ID 83869

Four-unit mixed-use property with commercial space and residential apartments.

Prime location on Historic Main Street, one block from Spirit Lake, offering high visibility and access to North Idaho's recreational opportunities.
Strong cap rate with immediate value‑add potential due to below‑market rents.
4‑unit mixed‑use property (1 commercial, 3 residential) providing diverse income streams.
Recent updates, including a newer roof and fresh paint, reduce immediate maintenance concerns.
Separate utilities for each unit minimize owner expenses.

Updated: Jan 2

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Spirit Lake, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$1,550,000

1,871 SF

Spokane Valley Townhome Units

Five modern townhome units in Spokane Valley location.

12402 E Broadway Ave, Spokane Valley, WA 99216

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$1,250,000

4,930 SF

Historic Coeur d'Alene 16-Plex

Historic 16-plex near Lake Coeur d'Alene with redevelopment potential.

Coeur D Alene, ID 83814

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$1,975,000

4,620 SF

Furnished Apartments Near Lake Coeur

12 furnished units with recent upgrades in walkable location.

Coeur D Alene, ID 83814

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$11,985,000

51,546 SF

New Multifamily Property in Spokane

Newly constructed 51-unit multifamily property in Spokane Valley.

15922 E Valleyway Ave, Spokane Valley, WA 99037

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Entitled Multifamily Development Opportunity

$3,250,000

0.83 Acres

Entitled Multifamily Development Opportunity

Permitted 50-unit multifamily development with retail space for sale.

403 N River St lot: 403, 417, & 419, Hailey, ID 83333

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Contact for pricing

0.31 Acres

Pahrump Land Investment Opportunity

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

2001 Casino Street, Pahrump, NV 89048

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Lancaster Corner Lot Investment Opportunity

$350,000

7,509.00 Acres

Lancaster Corner Lot Investment Opportunity

0.17-acre corner lot in Lancaster with development potential.

0 Newgrove Street, Lancaster, CA 93534

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$2,250,000

89,438.00 Acres

Prime Commercial Land Opportunity

2+ acres of commercially zoned land with freeway exposure.

31426 The Old Road N, Castaic, CA 91384

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Spirit Lake, ID Apartment Buildings Investment Opportunities Market Analysis

Explore 2 apartment buildings for sale in Spirit Lake, ID on our real estate platform. These investment opportunities span a total of 7,921 square feet of properties for sale, with an estimated market value of $1,280,000.

Sale prices for two-family homes in Spirit Lake, ID start at $640,000, averaging $640,000, and reaching up to $640,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 5,278

Population Growth (5Y) +5.4%

Median Household Income $64,625

College Educated 24.7%

High-Yield Neighborhoods for Investment

Identify Spirit Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
83869	$640K

Taxes & Financing

Tax Rate (average for all types) 0.43%

Property Tax per SF $5.14 per sq ft

Tax Rate vs County Average 0.02 pp above county avg

Average Loan-to-Value 65.0%

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Spirit Lake, ID Apartment Buildings for Sale