Waterfront Residential Income
For Sale
$325,000
1 Kelly Alley, Wallace, ID 83873
COMMERCIAL - Wallace, ID
Property Size1,134 SF
Lot Size0.16 Acres
Price / SF$286.60
Days on Market342
Property Features for 1 Kelly Alley
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Interior features
Cable Internet Available, High Speed Internet
Exterior features
Lighting, Lawn, Sprinkler System
Fencing
Fenced
Lot features
Open Lot, Landscaped, Level
View
Territorial
Directions
I-90 to exit 61. Right onto N. Frontage Rd and left onto Front St. and left after gas station onto Kelly's Alley.
Subdivision
12 - Silver Valley
Standard status
Active
APN
PB0050017010AA
Size
1,134 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
WALLACE LOTS 10-12-14 BLK 17 27-48-4
Tax Annual Amount
3326
Legal Description
WALLACE LOTS 10-12-14 BLK 17 27-48-4
Utilities
Sewer type
Public Sewer
Heating system
Other (Heating), Electric (Heating)
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1915
Building materials
Lap Siding, Frame
Roof type
Rubber
Architectural style
Other
Listing Agency:
Borton Properties of North Idaho
Listed By:
Matt C Borton · License #AB52691
(208) 512-4843
Added: Sep 26, 2025
Changed: Aug 5
Last Checked: Sep 2 at 12:06PM
MLS# 25-9803
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.
Investment Insights
Based on property information with market context.
This waterfront residential income property has been set up as a 2-bedroom, 1-bath rental for the last few years. Updates include a new foundation, plumbing, electrical, cabinetry, and butcher block countertops. The covered patio and backyard were updated in September 2025.
Located at 1 Kelly Alley in Wallace, Idaho (Shoshone County), the property sits next to the South Fork of the Coeur d’Alene River. Zoning is listed as Commercial, and the lot size is 0.16 acres with a property size of 1,134 square feet.
With the improvements and outdoor updates already completed, the home is offered as an income-producing setup configured around a covered patio and river-adjacent backyard setting.
Located at 1 Kelly Alley in Wallace, Idaho (Shoshone County), the property sits next to the South Fork of the Coeur d’Alene River. Zoning is listed as Commercial, and the lot size is 0.16 acres with a property size of 1,134 square feet.
With the improvements and outdoor updates already completed, the home is offered as an income-producing setup configured around a covered patio and river-adjacent backyard setting.
Key Highlights
- Waterfront commercial property next to the South Fork of the Coeur d'Alene River
- Set up as a 2‑bedroom, 1‑bath rental
- Updates include new foundation, plumbing, electrical, cabinetry, and butcher block countertops
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Explore this area
Business Placement
Demographics for 83873, ID
1,587
Population
1,154
Households
1.4
Avg Household Size
51
Median Age
13%
College-Educated
90%
High-School Grad
254.9 sq mi
ZIP Area
6
Density / Sq Mi
$41,838
Median Household Income
$34,545
Median Earnings
$660
Median Rent
$249,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - A waterfront rental property set up with two bedrooms and one bath, with major recent updates including foundation, plumbing, and electrical.
Where is this single family property located?
The property is located at 1 Kelly Alley Wallace, ID.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Waterfront commercial property next to the South Fork of the Coeur d'Alene River; Set up as a 2‑bedroom, 1‑bath rental; Updates include new foundation, plumbing, electrical, cabinetry, and butcher block countertops
