Duplex with New
1637-1639 East Stiner Avenue Coeur d Alene, ID 83815
For Sale
$795,000
Two-unit duplex with 3–4 bedrooms and 2 baths per unit, including a brand-new roof and recent unit upgrades.
Property Size3,840 SF
Price / SF$207.03
Days on Market42
Property Features for 1637-1639 East Stiner Avenue
General Information
- Standard status
- Active
- Size
- 3,840 SF
- Property subtype
- MultiFamily / Multi Family
Building Details
- Year Built
- 1979
Listing Agency:
Coldwell Banker Schneidmiller Realty
(208) 641-1822
Listed By:
Julie Gordon · License #SP45258
(208) 641-1822
Source:
Compass
Added: Jun 12
Changed: Jul 21
Last Checked: Jul 23 at 11:05AM
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 Coldwell Banker Schneidmiller Realty
Investment Insights
Based on property information with market context.
This duplex offers two separate residential units, each with approximately 1,920 square feet and a layout featuring 3 (4) bedrooms and 2 bathrooms. Updates include a remodel to Unit 1639 completed in Fall 2022, new exterior paint in 2021, and a brand-new roof installed in 2026. A new water heater was also installed for Unit 1639 in 2026.
The property is positioned on a quiet street with easy access to I-90 and nearby shopping and local amenities.
The current rents are reported to be below market rates, and the seller notes this as an opportunity to increase cash flow.
The property is positioned on a quiet street with easy access to I-90 and nearby shopping and local amenities.
The current rents are reported to be below market rates, and the seller notes this as an opportunity to increase cash flow.
Key Highlights
- Two‑unit duplex, each unit with approx. 1,920 sq ft; 3–4 bedrooms and 2 bathrooms per unit
- Brand‑new roof installed in 2026
- Unit 1639 remodeled in fall 2022
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 | $53.0k | $13.80 |
| − Vacancy | −$2.9k | −$0.76 |
| EGI | $50.1k | $13.04 |
| − OpEx | −$15.0k | −$3.91 |
| NOI | $35.1k | $9.13 |
3,840 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$500.8K
$438.2K – $584.2K
NOI $35,054 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$463.4K
$405.4K – $540.6K
NOI $32,435 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$833.0K
$728.9K – $971.8K
NOI $58,310 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex with 3–4 bedrooms and 2 baths per unit, including a brand-new roof and recent unit upgrades.
Where is this duplex located?
The property is located at 1637-1639 East Stiner Avenue Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two‑unit duplex, each unit with approx. 1,920 sq ft; 3–4 bedrooms and 2 bathrooms per unit; Brand‑new roof installed in 2026; Unit 1639 remodeled in fall 2022
