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5-Unit Brick Apartment Building
For Sale
$660,000

302 2nd ST, Wallace, ID 83873

Historic brick multifamily property within walking distance of Wallace shops, dining, and outdoor recreation.

Property Size6,209 SF
Price / SF$106.30
Days on Market42

Property Features for 302 2nd ST

General Information

Standard status Active
Size 6,209 SF
Property subtype MultiFamily

Additional Details

Multifamily Units 5

Building Details

Buildings 1
Construction brick
Listing Agency: Silver Legacy Realty
Listed By: Juli Zook · License #SP39106
Source: Brokersinclair
Added: Jul 20 Changed: Aug 30 Last Checked: Aug 30 at 7:11AM

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 Silver Legacy Realty

Investment Insights

Based on property information with market context.

This 6,209-square-foot apartment property contains five units within a classic brick building. The asset combines historic character with a compact multifamily configuration suited to residential income use.

Located at 302 2nd ST in Wallace, Idaho, the property is positioned in a walkable area near local shops, restaurants, and sites tied to the town’s mining-era history. Wallace also provides access to two ski hills and the nearby Trail of the Coeur d’Alenes, connecting the property with North Idaho’s outdoor recreation network.

Key Highlights

  • Five‑unit apartment building
  • 6,209 square feet of building area
  • Classic brick construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Building Supply Dental Office Auto Repair Shop Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby

Demographics for 83873, ID

1,587
Population
1,154
Households
1.4
Avg Household Size
51
Median Age
13%
College-Educated
90%
High-School Grad
254.9 sq mi
ZIP Area
6
Density / Sq Mi
$41,838
Median Household Income
$34,545
Median Earnings
$660
Median Rent
$249,800
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?
Apartment building - Historic brick multifamily property within walking distance of Wallace shops, dining, and outdoor recreation.
Where is this apartment building located?
The property is located at 302 2nd ST Wallace, ID.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Five‑unit apartment building; 6,209 square feet of building area; Classic brick construction
More about this property
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