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Newly Built Triplex with Modern Finishes
For Sale
$920,000

1608 Cedar St, Sandpoint, ID 83864

The property includes three residential units and ample off-street parking.

Property Size2,340 SF
Lot Size0.25 Acres
Price / SF$393.16
Days on Market79

Property Features for 1608 Cedar St

General Information

Standard status Active
Size 2,340 SF
Lot size 0.25 Acres
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,245

Building Details

Year Built 2024
Listing Agency: Silvercreek Realty Group, LLC
Listed By: Matthew C Erickson · License #SP57398
Source: Exprealty
Added: Jun 5 Changed: Aug 21 Last Checked: Aug 21 at 9:19AM

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.

Completed in 2024, this 2,340-square-foot triplex contains two 2-bedroom, 1-bath residences measuring 858 square feet each, plus a 1-bedroom, 1-bath residence with 624 square feet. The three-unit layout occupies a quarter-acre lot with ample off-street parking.

Interior finishes include quartz countertops, stainless steel appliances, contemporary fixtures, LVP flooring, large windows, and tall ceilings. Each residence is equipped with an energy-efficient mini-split HVAC system.

The property is located near the Library, YMCA, and Travers Park in Sandpoint, Idaho, at 1608 Cedar St.

Key Highlights

  • Three‑unit property completed in 2024
  • Two 2‑bedroom, 1‑bath units at 858 square feet each
  • One 1‑bedroom, 1‑bath unit with 624 square feet

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Restaurant Grocery & Convenience Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

425
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - The property includes three residential units and ample off-street parking.
Where is this triplex located?
The property is located at 1608 Cedar St 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: Three‑unit property completed in 2024; Two 2‑bedroom, 1‑bath units at 858 square feet each; One 1‑bedroom, 1‑bath unit with 624 square feet
More about this property
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