4-Unit Quadplex with
New
For Sale
$825,000
2830 Julia, Coeur d Alene, ID 83815
A separate shop and storage building offers rentable space alongside the four residential units.
Property Size3,702 SF
Price / SF$222.85
Days on Market2
Property Features for 2830 Julia
General Information
Standard status
Active
Size
3,702 SF
Property subtype
Multi Family Home
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$4,544
Amenities
coin-operated washer/dryer
0.00
Building Details
Year Built
1975
Listing Agency:
RE/MAX Centennial
Listed By:
Judy Ann Graubart-Gorshe · License #SP52514
(208) 610-8202
Source:
Clearwaterproperties
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 2:23AM
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 RE/MAX Centennial
Investment Insights
Based on property information with market context.
This 3,702-square-foot quadplex, built in 1975, includes four residential units and a separate shop and storage building. Unit D received a full interior update in September, and several appliances have been replaced. The property also has coin-operated laundry, in-ground sprinklers, and gutter heat tape.
Part of the shop is currently rented. The building has power and a concrete floor, and the shop and storage space can also be rented. The exterior was recently painted, and the trees were professionally trimmed.
Part of the shop is currently rented. The building has power and a concrete floor, and the shop and storage space can also be rented. The exterior was recently painted, and the trees were professionally trimmed.
Key Highlights
- Four‑unit property with 3,702 square feet of building area
- Separate shop and storage building; part of the shop is currently rented
- Shop has power and a concrete floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,794
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,880
$675.9K
Cap Rate 7%
$482,771
$482.8K
Cap Rate 9%
$375,489
$375.5K
Market Conditions
NOI Build-Up for 3,702 SF
Gross rent
$51.1K $13.80/SF
− Vacancy
−$2.8K −$0.76/SF
EGI
$48.3K $13.04/SF
− OpEx
−$14.5K −$3.91/SF
NOI
$33.8K $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%
$675,880
Cap Rate 7%
$482,771
Cap Rate 9%
$375,489
Alternative Uses
Best Use
Multifamily LT 5
$482.8K
$422.4K – $563.2K
NOI $33,794 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$446.7K
$390.9K – $521.2K
NOI $31,270 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$803.1K
$702.7K – $936.9K
NOI $56,214 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,556
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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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?
Quadplex - A separate shop and storage building offers rentable space alongside the four residential units.
Where is this quadplex located?
The property is located at 2830 Julia Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Four‑unit property with 3,702 square feet of building area; Separate shop and storage building; part of the shop is currently rented; Shop has power and a concrete floor
