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Two-Lot Multifamily-Zoned Development Parcel
For Sale
$247,000

1224 Spruce St, Sandpoint, ID 83864

LAND - Sandpoint, ID

Lot Size0.16 Acres
Days on Market123

Property Features for 1224 Spruce St

General Information

Property type Land
Property subtype Other
Zoning Res/MF
Lot features Open Lot, Level
View City
Elementary school district Lk Pend Oreille - 84
Middle school district Lk Pend Oreille - 84
High school district Lk Pend Oreille - 84
Directions In town head West on Cedar St. Turn Right on Division, then Right on Spruce. Property will be on Left. Look for sign
Subdivision North (Bonner & Boundary)
Standard status Active
APN RPS0134008019AA
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 15-57N-2W FARMINS 6TH ADDN BLK 8 LOTS 19,20
Tax Annual Amount 570
Legal Description 15-57N-2W FARMINS 6TH ADDN BLK 8 LOTS 19,20

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Realm Partners, LLC.
Listed By: Tom Puckett · License #SP30324
Added: Mar 30 Changed: Jun 26 Last Checked: Jul 30 at 1:06PM
MLS# 26-2786

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 offering is a 0.16-acre in-town parcel zoned Res/MF (multifamily residential) and is comprised of two separate city lots. Each lot measures 25 ft by 142 ft, giving the property a straightforward, buildable configuration for a duplex, multi-unit development, or a custom residential project, with buyer to verify intended design and use.

The parcel provides access from Spruce Street and also from the rear alley, which can support flexible site planning. The location is convenient to Farmin Elementary, Sandpoint Middle School, and Sandpoint High School, along with shopping, dining, and everyday amenities.

For builders, investors, and homeowners considering an in-town project, the dual-lot layout and multifamily zoning are the key practical considerations here. With frontage/access available from both the street and the rear alley, the site may accommodate a range of layouts depending on the buyer’s concept and the requirements for the selected improvements. Buyer should verify all plans, feasibility, and permitting requirements for the intended development.

Key Highlights

  • Multifamily Residential Zoning: Ideal for duplex, multi‑unit investment. Buyer to verify.
  • .16‑acre Parcel: Comprised of two city lots.
  • Excellent In‑Town Location: Close to schools, shopping, dining, and everyday amenities.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Catering Service Florist Tanning Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

525
Businesses Nearby

Demographics for 83864, ID

19,414
Population
9,909
Households
2
Avg Household Size
46
Median Age
37%
College-Educated
93%
High-School Grad
402.2 sq mi
ZIP Area
48
Density / Sq Mi
$68,595
Median Household Income
$34,326
Median Earnings
$1,136
Median Rent
$474,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent lots with multifamily residential zoning and dual access from street and rear alley.
Where is this residential land & home lot located?
The property is located at 1224 Spruce St Sandpoint, ID.
What is the asking price?
The asking price for this property is $247,000.
What are key features of this property?
This property features: Multifamily Residential Zoning: Ideal for duplex, multi‑unit investment. Buyer to verify.; .16‑acre Parcel: Comprised of two city lots.; Excellent In‑Town Location: Close to schools, shopping, dining, and everyday amenities.
More about this property
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