2-Unit Duplex with Covered
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 Market36
Property Features for 2080 W Fairway Dr
General Information
Standard status
Active
Size
4,292 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,686
Amenities
central vacuum
gas fireplaces
covered decks
private patios
Listing Agency:
eXp Realty
(208) 890-7776
Listed By:
Stephanie Hammer · License #SP42402
(208) 861-2443
Source:
Exprealty
Added: Sep 18
Changed: Oct 7
Last Checked: Oct 23 at 8:03AM
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
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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 / Yr
$39,180
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
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
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 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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in West region
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
