Three-Unit Residential Income
For Sale
$920,000
1608 Cedar, Sandpoint, ID 83864
Newly built three-unit property with modern finishes, mini-split HVAC, and ample off-street parking.
Property Size2,340 SF
Lot Size0.25 Acres
Price / SF$393.16
Days on Market62
Property Features for 1608 Cedar
General Information
Standard status
Active
Size
2,340 SF
Lot size
0.25 Acres
Property subtype
Multi Family Home
Additional Details
Business Included
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$1,245
Amenities
0.00
Building Details
Year Built
2024
Tenancy
Multi
Listing Agency:
Silvercreek Realty Group, LLC
(208) 946-8278
Listed By:
Matthew C Erickson · License #SP57398
Source:
Clearwaterproperties
Added: Jun 14
Changed: Aug 14
Last Checked: Aug 14 at 5:34AM
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 Silvercreek Realty Group, LLC
Investment Insights
Based on property information with market context.
Built in 2024, this three-unit residential income property is designed for comfortable, low-maintenance living. The layout includes two 2-bedroom, 1-bath units at 858 square feet each and one 1-bedroom, 1-bath unit at 624 square feet. Interiors feature large windows and tall ceilings, along with quartz countertops, stainless steel appliances, modern fixtures, and LVP flooring. Heating and cooling are handled by energy-efficient mini-split HVAC systems, supporting consistent climate control across the units.
Set on a quarter-acre lot, the property offers ample off-street parking for residents. It is conveniently located near the Library, YMCA, and Travers Park, which can support day-to-day convenience for occupants.
For buyers or operators seeking a newer, turn-key income asset, the unit mix provides flexibility for tenant preferences, from 1-bedroom to 2-bedroom households. The combination of updated finishes and efficient HVAC systems may help reduce near-term capital and operational complexity compared with older construction. Seller financing terms may be available.
Set on a quarter-acre lot, the property offers ample off-street parking for residents. It is conveniently located near the Library, YMCA, and Travers Park, which can support day-to-day convenience for occupants.
For buyers or operators seeking a newer, turn-key income asset, the unit mix provides flexibility for tenant preferences, from 1-bedroom to 2-bedroom households. The combination of updated finishes and efficient HVAC systems may help reduce near-term capital and operational complexity compared with older construction. Seller financing terms may be available.
Key Highlights
- Built in 2024: three‑unit property featuring two 2BD/1BA units and one 1BD/1BA unit
- Unit sizes include 858 SF each (2 units) plus 624 SF (1 unit)
- Modern interior finishes: quartz countertops, stainless steel appliances, and modern fixtures
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 83864, ID
19,414
Population
9,909
Households
2
Avg Household Size
46
Median Age
37%
College-Educated
93%
High-School Grad
402.2 sq mi
ZIP Area
48
Density / Sq Mi
$68,595
Median Household Income
$34,326
Median Earnings
$1,136
Median Rent
$474,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Newly built three-unit property with modern finishes, mini-split HVAC, and ample off-street parking.
Where is this triplex located?
The property is located at 1608 Cedar Sandpoint, ID.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: Built in 2024: three‑unit property featuring two 2BD/1BA units and one 1BD/1BA unit; Unit sizes include 858 SF each (2 units) plus 624 SF (1 unit); Modern interior finishes: quartz countertops, stainless steel appliances, and modern fixtures
