Downtown Duplex with Private
For Sale
$680,000
1407/1409 N 14th Street, Coeur d Alene, ID 83814
Two single-level 2-bedroom, 2-bath units include laundry areas, alley access, private one-car garages, and fenced yards.
Property Size2,416 SF
Price / SF$281.46
Days on Market99
Property Features for 1407/1409 N 14th Street
General Information
Standard status
Active
Size
2,416 SF
Property subtype
MultiFamily
Zoning
R - 12
Building Details
Building Size
2,416 SF
Year Built
1992
Units
2
Listing Agency:
REAL BROKER LLC
Listed By:
Henry Fusaro · License #SP57168
(480) 512-2135
Source:
Purewestrealestate
Added: Jul 20
Changed: Oct 25
Last Checked: Oct 26 at 12:42PM
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 REAL BROKER LLC
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Investment Insights
Based on property information with market context.
This downtown duplex features two single-level units, each offering 2 bedrooms and 2 bathrooms with spacious living, dining, kitchen, and laundry areas. The property includes alley access to private one-car garages and fully fenced yards for added privacy and functionality.
One unit has been fully updated and has been successfully operated as a short-term rental, providing an opportunity for immediate income with this well-maintained duplex.
The layout supports independent use of both units while maintaining shared ownership of the overall property, with outdoor space and garage access designed for day-to-day convenience.
One unit has been fully updated and has been successfully operated as a short-term rental, providing an opportunity for immediate income with this well-maintained duplex.
The layout supports independent use of both units while maintaining shared ownership of the overall property, with outdoor space and garage access designed for day-to-day convenience.
Key Highlights
- Downtown Coeur d’Alene duplex built in 1992 with two single‑level 2BD/2BA units
- Each unit offers 1,208 SF with spacious living, dining, kitchen, and laundry areas
- Both units have alley access to private one‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,055
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,100
$441.1K
Cap Rate 7%
$315,071
$315.1K
Cap Rate 9%
$245,056
$245.1K
Market Conditions
NOI Build-Up for 2,416 SF
Gross rent
$33.3K $13.80/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$31.5K $13.04/SF
− OpEx
−$9.5K −$3.91/SF
NOI
$22.1K $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 Rate 5%
$441,100
Cap Rate 7%
$315,071
Cap Rate 9%
$245,056
Alternative Uses
Best Use
Multifamily LT 5
$315.1K
$275.7K – $367.6K
NOI $22,055 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$291.5K
$255.1K – $340.1K
NOI $20,407 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$524.1K
$458.6K – $611.4K
NOI $36,686 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two single-level 2-bedroom, 2-bath units include laundry areas, alley access, private one-car garages, and fenced yards.
Where is this duplex located?
The property is located at 1407/1409 N 14th Street Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Downtown Coeur d’Alene duplex built in 1992 with two single‑level 2BD/2BA units; Each unit offers 1,208 SF with spacious living, dining, kitchen, and laundry areas; Both units have alley access to private one‑car garages
