Updated Single-Level
New
For Sale
$970,000
4428 Crown, Coeur d Alene, ID 83815
Income-producing three-unit property with attached garages, refreshed interiors, and flexible month-to-month occupancy.
Property Size3,222 SF
Price / SF$301.06
Days on Market4
Property Features for 4428 Crown
General Information
Standard status
Active
Size
3,222 SF
Property subtype
Multi Family Home
Taxes and HOA fees
Annual Taxes
$4,709
Amenities
0.00
Building Details
Year Built
1994
Listing Agency:
eXp Realty
(208) 819-4967
Listed By:
Mike Drake · License #SP54458
Source:
Clearwaterproperties
Added: Aug 28
Changed: Aug 29
Last Checked: Aug 30 at 12:45PM
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 eXp Realty
Investment Insights
Based on property information with market context.
This single-level triplex contains 3,222 square feet with two 3-bedroom, 2-bath units and one 2-bedroom, 2-bath unit. Each residence includes an attached 1-car garage, an open living arrangement, a sizable kitchen with substantial cabinet storage, and laundry hookups. The property was built in 1994, with improvements completed since 2021 that include a new roof, interior and exterior paint, flooring, appliances, and HVAC replacement.
All three units are leased month-to-month, providing flexible occupancy terms. Tenants pay electric and gas, while ownership covers water, sewer, and garbage. The property is located in Coeur d'Alene near Hwy 95, Kathleen Ave, shopping, services, and commuter routes.
All three units are leased month-to-month, providing flexible occupancy terms. Tenants pay electric and gas, while ownership covers water, sewer, and garbage. The property is located in Coeur d'Alene near Hwy 95, Kathleen Ave, shopping, services, and commuter routes.
Key Highlights
- 3,222‑square‑foot single‑level triplex
- Two 3 bed/2 bath units and one 2 bed/2 bath unit
- Attached 1‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,413
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$588,260
$588.3K
Cap Rate 7%
$420,186
$420.2K
Cap Rate 9%
$326,811
$326.8K
Market Conditions
NOI Build-Up for 3,222 SF
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.
Gross rent
$44.5K $13.80/SF
− Vacancy
−$2.4K −$0.76/SF
EGI
$42.0K $13.04/SF
− OpEx
−$12.6K −$3.91/SF
NOI
$29.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$588,260
Cap Rate 7%
$420,186
Cap Rate 9%
$326,811
Alternative Uses
Best Use
Multifamily LT 5
$420.2K
$367.7K – $490.2K
NOI $29,413 @ 7.0% cap · market cap 3.03%
Second Best
Apartment 5plus
$388.8K
$340.2K – $453.6K
NOI $27,215 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$698.9K
$611.6K – $815.4K
NOI $48,925 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
754
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Income-producing three-unit property with attached garages, refreshed interiors, and flexible month-to-month occupancy.
Where is this triplex located?
The property is located at 4428 Crown Coeur d Alene, ID.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: 3,222‑square‑foot single‑level triplex; Two 3 bed/2 bath units and one 2 bed/2 bath unit; Attached 1‑car garage for each unit
