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Downtown Duplex with Garages

1407-1409 North 14th Street Coeur d Alene, ID 83814

1407-1409 North 14th Street, Coeur d Alene, ID, 83814
$680,000
Pending
For Sale
$680,000
Pending

Two single-level 2-bedroom, 2-bath units each feature alley access to a private one-car garage and fenced yard.

Property Size2,416 SF
Days on Market30

Property Features for 1407-1409 North 14th Street

General Information

Standard status
Pending
Size
2,416 SF
Property subtype
MultiFamily / Multi Family

Building Details

Year Built
1992
Listing agency REAL BROKER LLC
Listed by Henry Fusaro · License #SP57168
Source Compass
Added: Jun 23 Updated: Jul 21 at 10:31PM Checked: Jul 21 at 10:31PM

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


Investment Insights

Based on property information with market context.

This downtown duplex offers two single-level residences, each with 2 bedrooms and 2 bathrooms. Each unit includes spacious living, dining, kitchen, and laundry areas, totaling 1,208 square feet per unit. Both units are served by alley access to private one-car garages and include fully fenced yards.

One of the units has been fully updated and has been successfully operated as a short-term rental. The property is described as meticulously maintained, with ongoing suitability for income-producing occupancy.

The configuration supports separate, privacy-oriented outdoor space and convenient garage access for each unit, making the layout well-suited to residential income use.

Key Highlights

  • Downtown Coeur d’Alene duplex with two single‑level 2‑bedroom, 2‑bath units
  • Each unit offers 1,208 SF with living, dining, kitchen, and laundry areas
  • Alley access to private one‑car garages for both units plus fully fenced yards

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $33.3k $13.80
− Vacancy −$1.8k −$0.76
EGI $31.5k $13.04
− OpEx −$9.5k −$3.91
NOI $22.1k $9.13
2,416 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$315.1K
$275.7K – $367.6K (±1% cap)
NOI $22,055 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$291.5K
$255.1K – $340.1K (±1% cap)
NOI $20,407 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$524.1K
$458.6K – $611.4K (±1% cap)
NOI $36,686 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Restaurant Building Supply Real Estate Agency Pharmacy HVAC Service Big Box & Wholesale Store Grocery & Convenience Store Storage Facility Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two single-level 2-bedroom, 2-bath units each feature alley access to a private one-car garage and fenced yard.
Where is this duplex located?
The property is located at 1407-1409 North 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 with two single‑level 2‑bedroom, 2‑bath units; Each unit offers 1,208 SF with living, dining, kitchen, and laundry areas; Alley access to private one‑car garages for both units plus fully fenced yards
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