4-Unit Quadplex with Rental
For Sale
$825,000
2830 N Julia St, Coeur d Alene, ID 83815
On-site coin-operated laundry and a separate shop provide additional income opportunities.
Property Size3,702 SF
Price / SF$222.85
Days on Market20
Property Features for 2830 N Julia St
General Information
Standard status
Active
Size
3,702 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$4,544
Listing Agency:
RE/MAX Centennial
(208) 667-7653
Listed By:
Judy Ann Graubart-Gorshe · License #SP52514
(208) 610-8202
Source:
Exprealty
Added: Oct 1
Changed: Oct 19
Last Checked: Oct 19 at 2:24PM
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
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Investment Insights
Based on property information with market context.
This 3,702-square-foot quadplex includes four residential units and a separate shop and storage building. The shop has power and a concrete floor; part of its space is currently rented, and the building is also used for storage. A coin-operated washer and dryer provide another income source. Unit D received a full renovation in September, and many appliances have been replaced. Recent exterior painting, professionally trimmed trees, in-ground sprinklers, and gutter heat tape are among the property’s upkeep features.
The property is near shopping, restaurants, and outdoor recreation.
The property is near shopping, restaurants, and outdoor recreation.
Key Highlights
- Four‑unit residential property with a separate shop and storage building
- 3,702 square feet
- Coin‑operated washer and dryer provide additional income
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.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,556
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - On-site coin-operated laundry and a separate shop provide additional income opportunities.
Where is this quadplex located?
The property is located at 2830 N Julia St 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 residential property with a separate shop and storage building; 3,702 square feet; Coin‑operated washer and dryer provide additional income
