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Single-Level Duplex with Fenced Yards
For Sale
$675,000

2429&2431 N 9TH St, Coeur d Alene, ID 83814

MULTI_FAMILY - Coeur d'Alene, ID

Property Size2,812 SF
Lot Size0.28 Acres
Price / SF$240.04
Days on Market48

Property Features for 2429&2431 N 9TH St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CDA-R-12
Bedrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Den, Bedroom 4, Bedroom 3, Bedroom 1
Window features Skylight(s)
Patio and Porch features Patio
Interior features Fireplace, High Speed Internet, Den/Library, Main Floor Utilities
Exterior features Fruit Trees, Rain Gutters
Fireplace 1
Basement None
Lot features Sprinklers In Rear, Sprinklers In Front, Open Lot, Landscaped, Level
Elementary school district CDA - 271
Middle school district CDA - 271
High school district CDA - 271
Directions White duplex approx. 07 tenths of a mile south on 9th St from Best Ave, west side of the street.
Subdivision 01 - Cd'A Urban/Dalton
Standard status Active
APN C00000120805
Size 2,812 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description S 80 FT TAX#4390 EX W 155 FT 1250N04W
Tax Annual Amount 3214
Legal Description S 80 FT TAX#4390 EX W 155 FT 1250N04W

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air, Fireplace(s), Natural Gas
Cooling system Central Air
Water source Public

Amenities

private fenced backyards

Building Details

Year built 1997
Number of units 2
Building materials Vinyl Siding, Frame
Roof type Composition
Architectural style Other
Listing Agency: Coldwell Banker Schneidmiller Realty · Coldwell Banker Real Estate
Listed By: Rob Sherar · License #SP53300
Added: Jun 16 Changed: Aug 2 Last Checked: Aug 2 at 7:06AM
MLS# 26-6204

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.

Single-level duplex at 2429&2431 N 9TH St, Coeur d’Alene, ID 83814, built in 1997 and set on a 0.28-acre lot. Each unit features a primary suite with a private en-suite bathroom plus a separate guest bathroom, along with functional layouts and private fenced backyards. The larger unit includes brand-new flooring. The attached garage configuration offers convenience, with a two-stall garage for the larger unit and a one-stall garage for the other. Interior features include a fireplace, main floor utilities, a den/library, and high-speed internet. The home has forced-air heating with natural gas and central air cooling. Exterior amenities include a patio, fruit trees, and rain gutters, with vinyl siding and a composition roof.

Zoned CDA-R-12, the property is described as a central Coeur d’Alene location close to downtown, shopping, dining, and parks. It’s presented as suitable for long-term and short-term rental opportunities, subject to local regulations, creating flexibility for investors or owner-occupants.

With 2,812 SF of total property size, this duplex offers two separate residential units with private outdoor space and dedicated garage parking.

Key Highlights

  • 0.28‑acre lot with 2,812 SF total property size
  • Each unit has a primary suite with private en‑suite plus a separate guest bathroom
  • Private fenced backyards for both units

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 $38.8k $13.80
− Vacancy −$2.1k −$0.76
EGI $36.7k $13.04
− OpEx −$11.0k −$3.91
NOI $25.7k $9.13
2,812 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$366.7K
$320.9K – $427.8K (±1% cap)
NOI $25,670 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$339.3K
$296.9K – $395.9K (±1% cap)
NOI $23,752 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$610.0K
$533.8K – $711.7K (±1% cap)
NOI $42,700 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,586
Businesses Nearby

Demographics for 83814, ID

26,966
Population
14,314
Households
1.9
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
194.1 sq mi
ZIP Area
139
Density / Sq Mi
$69,914
Median Household Income
$41,195
Median Earnings
$1,223
Median Rent
$518,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Single-level duplex with two attached garages, private fenced backyards, central air, and public water and sewer.
Where is this duplex located?
The property is located at 2429&2431 N 9TH St Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 0.28‑acre lot with 2,812 SF total property size; Each unit has a primary suite with private en‑suite plus a separate guest bathroom; Private fenced backyards for both units
More about this property
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