2-Unit Duplex with Covered
New
For Sale
$900,000
2080 W Fairway DR, Coeur d Alene, ID 83815
Each residence offers three bedrooms, two bathrooms, and a level floor plan.
Property Size4,292 SF
Price / SF$209.69
Days on Market4
Property Features for 2080 W Fairway DR
General Information
Standard status
Active
Size
4,292 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
central vacuum
gas fireplaces
covered decks
private patios
Listing Agency:
eXp Realty
(888) 452-7689
Listed By:
Stephanie Hammer · License #SP42402
(208) 861-2443
Source:
Brokersinclair
Added: Sep 24
Changed: Sep 27
Last Checked: Sep 26 at 5:45AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This 4,292-square-foot duplex contains two residences, each with 3 bedrooms, 2 bathrooms, and more than 2,100 square feet of living area. Both units have level layouts, central vacuum, gas fireplaces, covered decks, and private patios. The property has been maintained and offers separate living spaces for occupants or tenants.
The duplex sits directly across from the CDA Public Golf Course, with shopping and dining nearby.
The duplex sits directly across from the CDA Public Golf Course, with shopping and dining nearby.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- Each residence has over 2,100 square feet of living space
- 4,292‑square‑foot duplex
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
$39,180
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
4.35%
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%
$783,600
$783.6K
Cap Rate 7%
$559,714
$559.7K
Cap Rate 9%
$435,333
$435.3K
Market Conditions
NOI Build-Up for 4,292 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
$59.2K $13.80/SF
− Vacancy
−$3.3K −$0.76/SF
EGI
$56.0K $13.04/SF
− OpEx
−$16.8K −$3.91/SF
NOI
$39.2K $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%
$783,600
Cap Rate 7%
$559,714
Cap Rate 9%
$435,333
Alternative Uses
Best Use
Multifamily LT 5
$559.7K
$489.8K – $653.0K
NOI $39,180 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$517.9K
$453.2K – $604.2K
NOI $36,253 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$931.0K
$814.7K – $1.09M
NOI $65,173 @ 7.0% cap · market cap 7.24%
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
400
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 - Each residence offers three bedrooms, two bathrooms, and a level floor plan.
Where is this duplex located?
The property is located at 2080 W Fairway DR Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; Each residence has over 2,100 square feet of living space; 4,292‑square‑foot duplex
