Duplex with Detached
For Sale
$839,000
1026 Coeur D Alene Avenue, Coeur d Alene, ID 83814
Two-unit property with finished basements, off-street parking, and landscaped grounds.
Property Size3,818 SF
Lot Size0.16 Acres
Price / SF$219.75
Days on Market319
Property Features for 1026 Coeur D Alene Avenue
General Information
Standard status
Active
Size
3,818 SF
Lot size
0.16 Acres
Property subtype
MultiFamily / Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,998
Amenities
laundry room
Central Air, Yes
Baseboard, Hot Water, Natural Gas, Electric, Yes
Full Size, Finished
Yes
Concrete
Cable Internet Available, Fireplace, Central Air
Gas
MLS
0.0
Comp Shingle
Partial
Aluminum Siding, Brick, Stucco
Rain Gutters, Covered Patio, Covered Porch, Curbs, Patio, Sidewalks
Paved
Sidewalks, Curbs
Concrete Perimeter
Aluminum Siding, Stucco, Brick, Frame
Covered Porch, Covered Patio, Patio
Building Details
Year Built
1949
Listing Agency:
Windermere/Coeur d'Alene Realty Inc
(208) 699-3302
Listed By:
Jeff Doty · License #SP23928
(208) 699-3302
Source:
Compass
Added: Oct 17, 2025
Changed: Aug 29
Last Checked: Aug 29 at 3:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere/Coeur d'Alene Realty Inc
Investment Insights
Based on property information with market context.
Built in 1949, this 3,818-square-foot duplex includes two residential units with distinct layouts and shared property features. One unit offers a larger kitchen, an additional living room, a gas fireplace, and a covered garage-side entrance. Both units include full finished basements with open rooms, a bathroom, laundry area, and storage space.
The property sits on a 0.16-acre landscaped lot with sprinklers, paved off-street parking, and a detached 2-car garage. Brick, stucco, aluminum siding, and metal exterior elements contribute to the building’s varied architectural character, while vintage woodwork and built-in wall cabinetry add interior detail. Covered porch and patio areas provide additional outdoor space.
The property sits on a 0.16-acre landscaped lot with sprinklers, paved off-street parking, and a detached 2-car garage. Brick, stucco, aluminum siding, and metal exterior elements contribute to the building’s varied architectural character, while vintage woodwork and built-in wall cabinetry add interior detail. Covered porch and patio areas provide additional outdoor space.
Key Highlights
- 3,818 SF duplex built in 1949
- Two units, each with a full finished basement
- Detached 2‑car garage with additional off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,853
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$697,060
$697.1K
Cap Rate 7%
$497,900
$497.9K
Cap Rate 9%
$387,256
$387.3K
Market Conditions
NOI Build-Up for 3,818 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$52.7K $13.80/SF
− Vacancy
−$2.9K −$0.76/SF
EGI
$49.8K $13.04/SF
− OpEx
−$14.9K −$3.91/SF
NOI
$34.9K $9.13/SF
Area
Kootenai County, ID
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$697,060
Cap Rate 7%
$497,900
Cap Rate 9%
$387,256
Alternative Uses
Best Use
Multifamily LT 5
$497.9K
$435.7K – $580.9K
NOI $34,853 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$460.7K
$403.1K – $537.5K
NOI $32,249 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$828.2K
$724.7K – $966.3K
NOI $57,976 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,184
Businesses Nearby
Explore this area
Business Placement
Demographics for 83814, ID
26,966
Population
14,314
Households
1.9
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
194.1 sq mi
ZIP Area
139
Density / Sq Mi
$69,914
Median Household Income
$41,195
Median Earnings
$1,223
Median Rent
$518,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with finished basements, off-street parking, and landscaped grounds.
Where is this duplex located?
The property is located at 1026 Coeur D Alene Avenue Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: 3,818 SF duplex built in 1949; Two units, each with a full finished basement; Detached 2‑car garage with additional off‑street parking
