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219 E Coeur D'alene Lake Dr Coeur d Alene, ID 83814

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For Sale
$1,975,000

12 furnished units with recent upgrades in walkable location.

Building Details

Year built
1938

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Listing Contact
Jordan Lester, Ccim, Mba
Source: Svn

Listing Agent: Jordan Lester, Ccim, Mba

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Furnished Apartments Near Lake Coeur

Lake CDA Apartments, located at 219 E Coeur d'Alene Lake Dr in Coeur d’Alene, Idaho, features 12 fully furnished units, including 3 one-bedroom units and 9 studio units. Recent upgrades include new interior and exterior paint, modern fixtures, updated kitchenettes, and a new TPO roof. The property also includes an on-site laundry facility and a manager’s office. The property is positioned in east downtown Coeur d’Alene, directly across from Vantage Brewing and near the Coeur d’Alene Resort Golf Course, with several other amenities nearby. The location supports strong tenant demand and long-term investment stability due to its walkability. The Coeur d’Alene MSA has grown more than 11% in the past 5 years. Average home values within one mile are approximately $792,967, reinforcing long-term rental demand. Proximity to Lake Coeur d’Alene, the Coeur d’Alene Resort Golf Course, Tubbs Hill, the Centennial Trail, and Vantage Brewing supports continued tenant demand. Vacancy has declined over the past 5 quarters, and with no large projects underway, vacancy is expected to continue normalizing.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Coeur d Alene
County
Kootenai
State
Idaho
Longitude
-116.579
Latitude
47.6719

FAQs

What type of property is this?
Apartment building - 12 furnished units with recent upgrades in walkable location.
Where is this apartment building located?
The property is located at 219 E Coeur D'alene Lake Dr Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: - Prime Location: Directly across from Vantage Brewing in east downtown Coeur d’Alene, near the Coeur d’Alene Resort Golf Course and Lake Coeur d'Alene, offering a highly walkable lifestyle.; - Fully Furnished Units: Consists of 12 fully furnished units (3 one-bedroom and 9 studio units), ready for immediate occupancy and rental income.; - Recent Upgrades: Features new interior and exterior paint, modern fixtures, updated kitchenettes, and a new TPO roof.
More about this property
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