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Remodeled Duplex with Garages
For Sale
$839,000
Pending

1420-1422 E Homestead Ave, Coeur d Alene, ID 83814

MultiFamily, Multi Level, Coeur d'Alene, ID

Property Size3,408 SF
Lot Size0.18 Acres
Days on Market95

Property Features for 1420-1422 E Homestead Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CDA-R-12
Bedrooms 6
Full bathrooms 6
Rooms Basement, Bathroom 4, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 5, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Patio and Porch features Deck, Patio
Interior features Cable Internet Available, Mini-Split A/C, Main Floor Utilities
Exterior features Open Deck, Rain Gutters
Fireplace 1
Basement Walk-Out Access, Finished, Daylight
Subdivision Northwest Townsite
Lot features Sloped, Corner Lot, Level
View Territorial
Elementary school district CDA - 271
Middle school district CDA - 271
High school district CDA - 271
Directions From I-90 head north on 15th St, turn left on E Homestead Ave, first home on the left.
Standard status Pending
APN C6660001001A
Size 3,408 SF
Lot size 0.18 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description Northwest Townsite Co 1st Add To Cda, Lt 1, N 30 Ft-Lt 2 Block 1 1250N04w
Tax Annual Amount 4083
Legal Description Northwest Townsite Co 1st Add To Cda, Lt 1, N 30 Ft-Lt 2 Block 1 1250N04w

Utilities

Sewer type Public Sewer
Heating system Fireplace(s), Electric (Heating)
Water source Public

Building Details

Year built 1978
Number of units 2
Building materials T1-11, Frame
Roof type Composition
Architectural style Other
Listing Agency: Windermere/Hayden, LLC · Windermere Real Estate
Listed By: Zachary Davis · License #SP43915
Added: Jul 24 Changed: Oct 25 Last Checked: Oct 26 at 8:06PM
MLS# 26-7633

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.

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Investment Insights

Based on property information with market context.

This duplex contains 3,408 square feet across two 1,704-square-foot residences. Each unit includes 3 bedrooms, 3.5 bathrooms, an attached 2-car garage, and a private full bathroom for every bedroom. The interiors were remodeled in 2021 and include a range/oven, refrigerator, dishwasher, disposal, washer, and electric water heater. One residence is furnished and leased month-to-month. Additional features include mini-split A/C, main-floor utilities, fireplaces, decks, patios, and rain gutters.

The property occupies 0.18 acres at 1420-1422 E Homestead Ave in Coeur d'Alene, with access to public water and public sewer. It is positioned near downtown Coeur d'Alene, shopping, dining, parks, and freeway access. The property is zoned CDA-R-12 and was built in 1978.

Key Highlights

  • Two 1,704‑square‑foot units totaling 3,408 square feet
  • Each unit has 3 bedrooms, 3.5 bathrooms, and an attached 2‑car garage
  • Every bedroom includes 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 (±1% cap)
NOI $31,111 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$411.2K
$359.8K – $479.8K (±1% cap)
NOI $28,786 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$739.3K
$646.9K – $862.5K (±1% cap)
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

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

169
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two spacious residences offer private full bathrooms, attached garages, and updated interiors for rental or owner-occupant use.
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 has 3 bedrooms, 3.5 bathrooms, and an attached 2‑car garage; Every bedroom includes its own private full bathroom
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