Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    121 E Borah Ave Coeur d Alene, ID 83814

    View on Map
    Pending
    $649,000

    MULTI_FAMILY - Coeur d'Alene, ID

    Property size:
    2,400 SF
    Lot size:
    0.18 Acres
    Added:
    Feb 11, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 3 at 3:06 pm

    Property Features for 121 E Borah Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RES (R-17)
    Bedrooms
    6
    Rooms
    Bedroom 6, Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5
    Interior features
    Cable Internet Available
    Basement
    None
    Standard status
    Pending
    APN
    C56250010090
    Size
    2,400 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Levendofske Sub, Lt 9 Block 1 1250N04w
    Tax Annual Amount
    3715

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1972
    Number of units
    4
    Building materials
    T1-11, Brick, Frame
    Roof type
    Composition

    We can help!

    Listing Contact
    Zachary Harrington

    Listing agent Zachary Harrington License #8271955

    Listing office Keller Williams Realty Coeur d'Alene 3931 N Schreiber Way, Coeur d 039 Alene, ID

    Listing date Feb 11, 2026

    MLS# 26-1244 Listing URL

    Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Coeur d'Alene Fourplex Opportunity

    This fourplex presents an investment opportunity in a convenient location. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. It is suitable for owner-occupants seeking to offset their mortgage or investors looking for reliable cash flow. The property has a good rental history and strong income potential. Each unit includes 2 off-street parking spots. The adjacent property is also available, offering the potential for a combined 8-unit investment. The property is zoned RES (R-17) and has a lot size of 0.18 acres. The building size is 2400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coeur d Alene
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.783392
    Latitude
    47.699295

    Nearby Similar for Sale

    • $999,000
      4,854 SF

      Prime Commercial Double Lot Opportunity

      High-traffic commercial property with versatile buildings and development potential.
      2923 N Government Way, Coeur d'Alene, ID 83815
      View Details
    • $399,000

      Established Retail Gem in Coeur d'Alene

      Thriving jewelry boutique in downtown Coeur d'Alene with full inventory.
      414 E Sherman Ave, Coeur d'Alene, ID 83814
      View Details
    • $720,000
      3,132 SF

      Coeur d'Alene Commercial Building

      Mid-town commercial building with office space and parking.
      408 E MONTANA Ave, Coeur d'Alene, ID 83814
      View Details
    • $325,000
      2,000 SF

      Coeur d'Alene Luxury Warehouse

      High-quality, insulated warehouse space for sale in Coeur d'Alene.
      1206 S Ponderosa Dr, Coeur d'Alene, ID 83814
      View Details
    • $1,100,000
      5,811 SF

      Coeur d'Alene Commercial Units

      Four commercial units for sale or lease in Coeur d'Alene.
      950 W Ironwood Dr unit: # 1, Coeur d'Alene, ID 83814
      View Details
    • $325,000
      2,000 SF

      Luxury Warehouse Space For Sale

      High-quality 2,000 SF warehouse with premium features in Coeur d'Alene.
      1188 S Ponderosa Dr, Coeur d'Alene, ID 83814
      View Details
    • $725,000
      3,945 SF

      Remodeled Duplex with Large Shop

      Spacious Coeur d'Alene duplex with shop, remodeled in 2021.
      3314&3316 N 5TH St, Coeur d'Alene, ID 83815
      View Details
    • $649,900
      2,724 SF

      Coeur d'Alene Duplex For Sale

      Duplex with long-term tenants in central Coeur d'Alene location.
      105 E Borah Ave, Coeur d'Alene, ID 83814
      View Details
    • $629,000
      1,648 SF

      Coeur d'Alene Duplex on Large Lot

      Centrally located duplex with rental income potential near amenities.
      1024 E Woolsey Dr, Coeur d'Alene, ID 83814
      View Details
    • $640,000
      1,488 SF

      Charming Remodeled Coeur d'Alene Duplex

      Remodeled duplex near downtown Coeur d'Alene, ideal for investors.
      1105/1107 E Harrison Ave, Coeur d'Alene, ID 83814
      View Details
    • $2,795,000

      Downtown Coeur d'Alene Restaurants

      Two established restaurants on high-visibility Sherman Avenue in Coeur d'Alene.
      523/517 E Sherman Avenue, Coeur d'Alene, ID 83814
      View Details
    • $1,079,999
      4,000 SF

      Retail Building Leased to State

      Retail building fully leased to the State of Idaho.
      1201 E SHERMAN Ave, Coeur d'Alene, ID 83814
      View Details

    FAQs

    What type of property is this?
    Quadplex - Fourplex in Coeur d'Alene with income potential.
    Where is this quadplex located?
    The property is located at 121 E Borah Ave Coeur d Alene, ID.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: Strong income potential with good rental history; Ideal for owner‑occupants to offset mortgage costs; Includes two 2 bed/1 bath units and two 1 bed/1 bath units
    (661) 599-0431
    We can help!
    Listing Contact
    Zachary Harrington
    Real Estate License ID: 8271955
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!