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5-Unit Brick Apartment Building

302 2nd St, Wallace, ID 83873

For Sale
$660,000

MultiFamily, Multi Level, Wallace, ID

Property Size6,209 SF
Lot Size0.11 Acres
Price / SF$106.30
Days on Market149

Property Features for 302 2nd St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Comm
Bedrooms 6
Full bathrooms 5
Rooms Bedroom 1, Bathroom 4, Basement, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 5, Bedroom 6
Interior features Fireplace
Fireplace 1
Subdivision Wallace Townsite
Lot features Corner Lot, Level
View City
Elementary school district Wallace - 393
Middle school district Wallace - 393
High school district Wallace - 393
Directions I-90 Wallace exit 60, L on Silver Valley Rd, L on Pine St. to Second St.
Standard status Active
APN RPB0050002020AA
Size 6,209 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description See attached.
Tax Annual Amount 2632
Legal Description See attached.

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Baseboard, Natural Gas, Hot Water(Heating), Heat Pump (Heating)
Water source Public

Building Details

Year built 1948
Number of units 5
Building materials Brick
Roof type Rubber
Architectural style Other
Buildings 1
Listing Agency: Silver Legacy Realty
Listed By: Juli Zook · License ID SP39106
Added: Jun 18 Changed: Oct 27 Last Checked: Nov 13 at 11:06PM
MLS# 26-6303

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.

Rey
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Investment Insights

Based on property information with market context.

This 5-unit apartment building in Wallace offers 6,209 square feet of multifamily space within a brick structure completed in 1948. The property includes a basement, five bathrooms, and fireplaces, with heating supported by hot water, heat pumps, baseboard systems, natural gas, and electricity. Rubber roofing is also in place.

Set on 0.11 acres, the property is served by public water and public sewer, with cable available. Its Comm zoning and apartment configuration support continued multifamily use. The address is within Wallace, where local shops, dining, mining-era history, two ski hills, and the Trail of the Coeur d'Alenes are identified as nearby community and recreational resources.

Key Highlights

  • 5‑unit apartment building totaling 6,209 square feet
  • Brick construction with a 1948 build year
  • Five bathrooms, basement space, and fireplaces

Property Analytics

Who owns this building? See the owner, sales and loan history
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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit multifamily property with brick construction, basement space, and public water and sewer service.
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: 5‑unit apartment building totaling 6,209 square feet; Brick construction with a 1948 build year; Five bathrooms, basement space, and fireplaces
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