Well-Remodeled Duplex with Attached
1420-1422 E Homestead Ave Coeur d Alene, ID 83814
New
For Sale
$849,000
MULTI_FAMILY - Coeur d'Alene, ID
Property Size3,408 SF
Lot Size0.18 Acres
Price / SF$249.12
Days on Market1
Property Features for 1420-1422 E Homestead Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- CDA-R-12
- Bedrooms
- 6
- Rooms
- Bedroom 3, Bathroom 6, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 5, Bathroom 4, Bedroom 1, Bedroom 6, Basement, Bathroom 2, Bathroom 3
- Patio and Porch features
- Patio, Deck
- Interior features
- Cable Internet Available, Mini-Split A/C, Main Floor Utilities
- Exterior features
- Open Deck, Rain Gutters
- Fireplace
- 1
- Basement
- Finished, Walk-Out Access, Daylight
- Standard status
- Active
- APN
- C6660001001A
- Size
- 3,408 SF
- Lot size
- 0.18 Acres
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
Utilities
- Sewer type
- Public Sewer
- Heating system
- Fireplace(s), Other (Heating), 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
(208) 664-9221
Listed By:
Zachary Davis · License #SP43915
(208) 771-3940
Added: Jul 24
Last Checked: Jul 24 at 7:06PM
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex at 1420-1422 E Homestead Ave in Coeur d'Alene offers two spacious units. Each side is approximately 1,704 square feet and features three bedrooms, 3.5 bathrooms, and an attached 2-car garage. The layout includes a private full bathroom for every bedroom. The property was remodeled in 2021 and is supported by a range of in-unit items that are included with the sale, including a range/oven, refrigerator, dishwasher, disposal, washer, and an electric water heater.
One unit is fully furnished and currently rented month-to-month at $2,400 per month, with projected annual gross income of approximately $59,400. The property is described as being conveniently located near downtown Coeur d'Alene, along with shopping, dining, parks, and easy freeway access. Zoning is listed as CDA-R-12.
For sale as an investment opportunity, the duplex provides two separately configured residential units within a single property, each designed to support comfortable tenant privacy and day-to-day convenience.
One unit is fully furnished and currently rented month-to-month at $2,400 per month, with projected annual gross income of approximately $59,400. The property is described as being conveniently located near downtown Coeur d'Alene, along with shopping, dining, parks, and easy freeway access. Zoning is listed as CDA-R-12.
For sale as an investment opportunity, the duplex provides two separately configured residential units within a single property, each designed to support comfortable tenant privacy and day-to-day convenience.
Key Highlights
- Duplex built in 1978 with two 1,704 SF units, each offering 3 bedrooms and 3.5 bathrooms.
- Each bedroom includes its own private full bathroom in both units.
- Remodeled in 2021; each unit includes range/oven, refrigerator, dishwasher, disposal, washer, and electric water heater.
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 | $47.0k | $13.80 |
| − Vacancy | −$2.6k | −$0.76 |
| EGI | $44.4k | $13.04 |
| − OpEx | −$13.3k | −$3.91 |
| NOI | $31.1k | $9.13 |
3,408 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$444.4K
$388.9K – $518.5K
NOI $31,111 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$411.2K
$359.8K – $479.8K
NOI $28,786 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$739.3K
$646.9K – $862.5K
NOI $51,750 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Remodeled duplex with two 3-bedroom, 3.5-bath units, each with attached 2-car garage and in-unit appliances.
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 $849,000.
What are key features of this property?
This property features: Duplex built in 1978 with two 1,704 SF units, each offering 3 bedrooms and 3.5 bathrooms.; Each bedroom includes its own private full bathroom in both units.; Remodeled in 2021; each unit includes range/oven, refrigerator, dishwasher, disposal, washer, and electric water heater.
