Duplex with Updated
New
For Sale
$798,000
1717 E Davis Ave, Coeur d Alene, ID 83815
MultiFamily, Multi Level, Coeur d'Alene, ID
Property Size3,780 SF
Lot Size0.30 Acres
Price / SF$211.11
Days on Market1
Property Features for 1717 E Davis Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-12
Bedrooms
6
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 1, Basement, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 1
Patio and Porch features
Porch
Interior features
Cable Internet Available
Exterior features
Fruit Trees, Garden
Fencing
Fenced
Basement
Finished
Subdivision
Fruitdale
Lot features
Level, Southern Exposure
Elementary school district
CDA - 271
Middle school district
CDA - 271
High school district
CDA - 271
Directions
Highway 90 to15th Street N to Davis Avenue, east. Pass 17th Street, 1st large building on the left.
Standard status
Active
APN
C4005000017G
Size
3,780 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Fruitdale, W 100 Ft Of E 200 Ft Of Tax # 5830-Tr 17 0650N03w
Tax Annual Amount
2379
Legal Description
Fruitdale, W 100 Ft Of E 200 Ft Of Tax # 5830-Tr 17 0650N03w
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard, Natural Gas, Electric (Heating)
Water source
Public
Amenities
deck
sprinkler system
Building Details
Year built
1977
Number of units
2
Building materials
Vinyl Siding, Stone, Frame
Architectural style
Other
Listing Agency:
Lowes Flat Fee Realty
(208) 386-2992
Listed By:
Roger Lowe · License #DB20447
(208) 602-0055
Added: Sep 11
Last Checked: Sep 11 at 4:06PM
MLS# 26-9288
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 3,780-square-foot duplex was built in 1977 on a 0.30-acre parcel in Coeur d'Alene. Each unit includes a full bathroom upstairs and a half bathroom on the main level. One side has a renovated kitchen and LVP flooring on the main level, while its basement includes rough plumbing for a potential additional bathroom, subject to buyer verification. Recent property work includes a new roof, windows, gutters, and an upgraded sewer connection.
The property is served by public water and public sewer and carries R-12 zoning. Outdoor improvements include a large deck, a sprinkler system with timers, fruit trees, a garden, and cedar fencing that encloses the rear yard and separates the two sides. One unit has a side driveway leading to the backyard and shop. Vinyl siding, stone, and frame construction complete the exterior.
The property is served by public water and public sewer and carries R-12 zoning. Outdoor improvements include a large deck, a sprinkler system with timers, fruit trees, a garden, and cedar fencing that encloses the rear yard and separates the two sides. One unit has a side driveway leading to the backyard and shop. Vinyl siding, stone, and frame construction complete the exterior.
Key Highlights
- 3,780‑square‑foot duplex on a 0.30‑acre parcel
- R‑12 zoning in Coeur d'Alene
- New roof, windows, gutters, and upgraded sewer connection
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,506
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$690,120
$690.1K
Cap Rate 7%
$492,943
$492.9K
Cap Rate 9%
$383,400
$383.4K
Market Conditions
NOI Build-Up for 3,780 SF
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.
Gross rent
$52.2K $13.80/SF
− Vacancy
−$2.9K −$0.76/SF
EGI
$49.3K $13.04/SF
− OpEx
−$14.8K −$3.91/SF
NOI
$34.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$690,120
Cap Rate 7%
$492,943
Cap Rate 9%
$383,400
Alternative Uses
Best Use
Multifamily LT 5
$492.9K
$431.3K – $575.1K
NOI $34,506 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$456.1K
$399.1K – $532.1K
NOI $31,928 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$820.0K
$717.5K – $956.7K
NOI $57,399 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Explore this area
Business Placement
Demographics for 83815, ID
39,412
Population
17,031
Households
2.3
Avg Household Size
39
Median Age
33%
College-Educated
96%
High-School Grad
15.6 sq mi
ZIP Area
2,526
Density / Sq Mi
$77,139
Median Household Income
$39,257
Median Earnings
$1,445
Median Rent
$472,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature separate living areas, basement space, fenced outdoor areas, and public water and sewer service.
Where is this duplex located?
The property is located at 1717 E Davis Ave Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $798,000.
What are key features of this property?
This property features: 3,780‑square‑foot duplex on a 0.30‑acre parcel; R‑12 zoning in Coeur d'Alene; New roof, windows, gutters, and upgraded sewer connection
