6236 W MAINE St, Spirit Lake, ID 83869
MULTI_FAMILY - Spirit Lake, ID
- Added:
- Jan 2, 2026
- Days on Market:
- 159
- Last Refresh:
- Jun 10 at 6:06 am
Property Features for 6236 W MAINE St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- COM
- Bedrooms
- 6
- Rooms
- Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Basement, Bedroom 5, Bedroom 1
- Standard status
- Active
- APN
- S45000170050
- Size
- 4,325 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- SPIRIT LAKE, LT 5 BLK 17 Section 05 Township 53N Range 04W
- Tax Annual Amount
- 2380
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1905
- Number of units
- 4
- Building materials
- Cement Block, Block, Brick
- Roof type
- Rubber, Tar/Gravel
- Architectural style
- Other
Listing agent Thomas J Barnhart License #SP28263 (208) 660-5785
Listing office Keller Williams Realty Coeur d'Alene 3931 N Schreiber Way, Coeur d 039 Alene, ID (208) 667-2399
Listing date Jan 2, 2026
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.
HighLights
- 4‑unit mixed‑use property on Historic Main Street in Spirit Lake: 1 ground‑floor commercial space and 3 residential apartments
- Commercial + residential layout with separate utilities, helping minimize owner expenses
- Recent updates include a newer roof and fresh paint
- Utilities include cable available; water from public and sewer via public sewer
- Built in 1905 with cement block/block/brick construction and rubber/tar‑gravel roof
- All units are currently occupied, with low turnover noted in the provided remarks
Overview
The property is located in Spirit Lake on historic Main Street, with a commercial zoning designation of COM. The overall building size is 4,325 square feet on a 0.08-acre lot. All units are currently occupied.
For tenants and buyers seeking a small, combined income stream, the mix of street-level retail and residential units can provide day-to-day variety in use within a compact footprint. The ground-floor commercial space may suit businesses that want direct presence along Main Street, while the three apartments offer residential rental space within the same ownership. Separate utilities and the maintained condition from recent updates are practical features for operators evaluating the property as a straightforward mixed-use hold.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.9k | $18.00 |
| − Vacancy | −$5.4k | −$1.26 |
| EGI | $72.4k | $16.74 |
| − OpEx | −$27.2k | −$6.28 |
| NOI | $45.3k | $10.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spirit Lake
- County
- Kootenai
- State
- Idaho
- Longitude
- -116.870667
- Latitude
- 47.964922
