Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5419 Parkwood Ct Coeur d'Alene, ID 83815

    • Residential income homes
    • 3,056 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 5419 Parkwood Ct

    Year built
    1979
    Property size
    3,056 SF
    Property type
    Residential income homes

    Description

    This exceptional investment opportunity presents a charming two-unit duplex nestled in Coeur d'Alene, Idaho, at 5419 N Parkwood Ct, 83815. Boasting a total of 3,056 square feet, this property offers a compelling blend of live-in potential and rental income. Built in 1979, the duplex features two units, each recently remodeled and ready for immediate occupancy. Each unit includes four bedrooms and two bathrooms, providing ample living space. Additional amenities include an attached garage, a fenced backyard, an electric fireplace, washer/dryer hookups, and a full kitchen. A large deck overlooks a tree-lined yard, enhancing the property's curb appeal. The property's convenient cul-de-sac location adds to its desirability. Recently connected to the sewer system, this duplex presents a turnkey investment opportunity with a current 50% occupancy rate, generating a net operating income (NOI) of $57,480 and an 8.21% cap rate. The asking price is $699,900, translating to $229.02 per square foot and $349,950 per unit. This property is classified as a Class C multifamily investment in Kootenai County. Don't miss this chance to acquire a well-maintained, high-yield investment property in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coeur d'Alene
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.798
    Latitude
    47.728

    Comparable in this City

    • Value Estimation by Request
      2,842 SF

      2574 Fairway Dr

      Multifamily properties • 2,842 SF
      2574 Fairway Dr, Coeur d'Alene, ID 83815
      View Details
    • Value Estimation
      $300,000
      3,626 SF

      654 Haycraft Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,626 SF
      654 Haycraft Ave, Coeur D Alene, ID 83815-4971
      View Details
    • Value Estimation by Request
      11,000 SF

      Neider Ave

      Retail properties • 11,000 SF
      0 Neider Ave, Coeur d'Alene, ID 83815
      View Details
    • Value Estimation by Request

      Sec Government Way & Pr Ave

      Individual retail properties
      0 Sec Government Way & Pr Ave, Hayden, ID 83815
      View Details
    • Value Estimation by Request
      2.96 Acres

      1555 Hanley Ave

      VACANT COMMERCIAL LAND • 2.96 Acres
      1555 Hanley Ave, Coeur D Alene, ID 83815-8660
      View Details
    • Value Estimation
      $305,000
      0.15 Acres

      Coeur D

      COMMERCIAL CONDOMINUIM • 0.15 Acres
      Coeur D, Alene, ID 83815
      View Details

    Similar Nearby for Sale

    • $499,000
      Pending

      Coeur d'Alene Duplex Opportunity

      Charming duplex in central Coeur d'Alene with remodeled unit.
      919 E Spruce Ave, Coeur d Alene, ID 83815
      View Details
    • New
      $899,999
      3,812 SF

      Coeur d'Alene Four-Plex Investment

      Well-maintained four-plex with value-add potential in Coeur d'Alene.
      4300 N Crown Ave, Coeur d Alene, ID 83815
      View Details
    • $539,000
      2,084 SF

      Coeur d'Alene Duplex with Views

      Well-maintained duplex near parks, schools, shopping, and I-90.
      1208/1210 E Gilbert Ave, Coeur d Alene, ID 83815
      View Details
    • $599,000
      Pending

      Updated Duplex in Prime Location

      Updated duplex with expansion potential in Coeur d'Alene.
      3910 N Belmont Rd, Coeur d Alene, ID 83815
      View Details
    • $725,000
      3,945 SF

      Remodeled Duplex with Large Shop

      Spacious duplex with shop, remodeled in 2021 on .24-acre lot.
      N 5Th St, Coeur d Alene, ID 83815
      View Details
    • $589,900
      2,784 SF

      Coeur d'Alene Duplex Near Golf

      Large duplex near CDA Public Golf Course with rental history.
      2374/2376 W Fairway Dr, Coeur d Alene, ID 83815
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      11,016 SF

      Coeur d'Alene Commercial Building For Sale

      11,016 SF Retail Space, 1.05 Acres
      3210 Government Way, Coeur d'Alene, ID 83815
      View Details
    • $1.25 SF/Yr
      2,920 SF

      Versatile Office, Retail, Warehouse Space

      2,920 SF office, retail, and warehouse space for lease.
      3881-3895 N Schreiber Way, Coeur d Alene, ID 83815
      View Details
    • $0.05 SF/Yr

      Coeur d'Alene Land Parcel

      1.6-acre land parcel with convenient access and connectivity.
      3027 N Government Way, Coeur d Alene, ID 83815
      View Details
    • $18 SF/Yr
      69,000 SF

      Coeur d'Alene Office Space

      Office space available for lease in Coeur d'Alene.
      751 West Hanley Ave, Coeur d Alene, ID 83815
      View Details
    • $18 SF/Yr
      1,680 SF

      Coeur d'Alene Flex/Industrial Space

      Flex/Industrial space available for lease in Coeur d'Alene, ID.
      7770 N Mineral Dr, Coeur d Alene, ID 83815
      View Details
    • $12 SF/Yr
      4,908 SF

      Former Brewery with Office/Warehouse Space

      Coeur d'Alene property featuring office, showroom, and warehouse space.
      3846-3852 Schreiber Way, Coeur d Alene, ID 83815
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5419 Parkwood Ct
    Coeur d'Alene, ID 83815
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.