Remodeled Duplex With Attached
For Sale
$839,000
Pending
1420-1422 E Homestead AVE, Coeur d Alene, ID 83814
Updated residences feature private bedroom bathrooms, complete appliance packages, and proximity to downtown Coeur d'Alene.
Property Size3,408 SF
Days on Market61
Property Features for 1420-1422 E Homestead AVE
General Information
Standard status
Pending
Size
3,408 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/3.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Renovated
2021
Listing Agency:
Windermere/Hayden, LLC
(208) 664-9221
Listed By:
Zachary Davis · License #SP43915
(208) 771-3940
Source:
Brokersinclair
Added: Aug 20
Changed: Oct 11
Last Checked: Oct 19 at 6:29AM
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/Hayden, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two 1,704-square-foot residences, for a combined 3,408 square feet. Each unit offers three bedrooms, 3.5 bathrooms, and an attached 2-car garage. Every bedroom includes a private full bathroom, while in-unit features include a range/oven, refrigerator, dishwasher, disposal, washer, and electric water heater. The property was remodeled in 2021.
One residence is furnished and leased month-to-month. The duplex is located near downtown Coeur d'Alene, with shopping, dining, parks, and freeway access nearby. Its address is 1420-1422 E Homestead AVE in Coeur d'Alene, Idaho.
One residence is furnished and leased month-to-month. The duplex is located near downtown Coeur d'Alene, with shopping, dining, parks, and freeway access nearby. Its address is 1420-1422 E Homestead AVE in Coeur d'Alene, Idaho.
Key Highlights
- Two 1,704‑square‑foot units totaling 3,408 square feet
- Each unit includes 3 bedrooms, 3.5 bathrooms, and an attached 2‑car garage
- Every bedroom has its own private full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,111
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,220
$622.2K
Cap Rate 7%
$444,443
$444.4K
Cap Rate 9%
$345,678
$345.7K
Market Conditions
NOI Build-Up for 3,408 SF
Gross rent
$47.0K $13.80/SF
− Vacancy
−$2.6K −$0.76/SF
EGI
$44.4K $13.04/SF
− OpEx
−$13.3K −$3.91/SF
NOI
$31.1K $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%
$622,220
Cap Rate 7%
$444,443
Cap Rate 9%
$345,678
Alternative Uses
Best Use
Multifamily LT 5
$444.4K
$388.9K – $518.5K
NOI $31,111 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$411.2K
$359.8K – $479.8K
NOI $28,786 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$739.3K
$646.9K – $862.5K
NOI $51,750 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
169
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
Frequently Asked Questions
What type of property is this?
Duplex - Updated residences feature private bedroom bathrooms, complete appliance packages, and proximity to downtown Coeur d'Alene.
Where is this duplex located?
The property is located at 1420-1422 E Homestead AVE 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: Two 1,704‑square‑foot units totaling 3,408 square feet; Each unit includes 3 bedrooms, 3.5 bathrooms, and an attached 2‑car garage; Every bedroom has its own private full bathroom
