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Updated Single-Level Triplex
For Sale
$970,000

4428 N Crown Ave, 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 Market143

Property Features for 4428 N Crown Ave

General Information

Standard status Active
Size 3,222 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $4,709
Listing Agency: eXp Realty
Listed By: Mike Drake · License #SP54458
Source: Exprealty
Added: Jun 6 Changed: Oct 25 Last Checked: Oct 26 at 7:46PM

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

Rey
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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.

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 / Yr
$29,413
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $29,413 @ 7.0% cap · market cap 3.03%
Second Best
Apartment 5plus
$388.8K
$340.2K – $453.6K (±1% cap)
NOI $27,215 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$698.9K
$611.6K – $815.4K (±1% cap)
NOI $48,925 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Location Intelligence

Trade Area within ½ mile

754
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
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 N Crown Ave 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
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