28128 North Highway 41, Spirit Lake, ID 83869
Residential Multi Family, Other - Spirit Lake, ID
- Added:
- May 7, 2026
- Days on Market:
- 37
- Last Refresh:
- Jun 12 at 11:06 am
Property Features for 28128 North Highway 41
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3
- Standard status
- Active
- Size
- 924 SF
Building Details
- Year built
- 1976
- Architectural style
- Other
Listing agent Courtney Lampert License #AB48670,PersonLicenseNumber (208) 699-7876
Listing office NextHome 365 Realty 9422 North Government Way, ID (208) 651-2983
Listing date May 7, 2026
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 3‑bedroom, 2‑bath home built in 1976
- Just under 1,000 sq ft with a completely remodeled, move‑in‑ready interior
- LVP flooring throughout the home
- Fully refreshed kitchen with stainless steel appliances
- Updated bathrooms and all three bedrooms
- Includes a storage shed
Overview
The property is offered for sale at 28128 North Highway 41 in Spirit Lake, Idaho. The home sits on leased land, which can be an important consideration for buyers looking for a lower-maintenance ownership experience. Outside, there is a storage shed that provides practical space for tools, hobbies, or extra storage.
This home can fit well for buyers seeking an entry point with a fully updated interior, including key upgrades like the kitchen, flooring, and bathroom finishes. With three bedrooms and two baths, it may also work for downsizing households or anyone needing additional room while keeping maintenance manageable. The presence of a storage shed adds useful utility for an owner-occupant lifestyle.
Local Financial Insights For Apartment 5plus
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 | $15.0k | $16.20 |
| − Vacancy | −$778 | −$0.84 |
| EGI | $14.2k | $15.36 |
| − OpEx | −$6.4k | −$6.91 |
| NOI | $7.8k | $8.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spirit Lake
- County
- Kootenai
- State
- Idaho
- Longitude
- -116.846105
- Latitude
- 47.920468
