Duplex with Attached
New
For Sale
$599,000
9771 N Melrose St, Hayden, ID 83835
MultiFamily, Split Entry, Hayden, ID
Property Size2,248 SF
Lot Size0.43 Acres
Price / SF$266.46
Days on Market1
Property Features for 9771 N Melrose St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Res
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3
Interior features
Cable Internet Available, Main Floor Utilities
Lot features
Landscaped, Level
View
Territorial
Elementary school district
CDA - 271
Middle school district
CDA - 271
High school district
CDA - 271
Directions
From Hwy 95 go east on Hayden Ave to Melrose, turn left or North to the property on the left side of the road
Subdivision
03 - Hayden
Standard status
Active
APN
H22500000060
Size
2,248 SF
Lot size
0.43 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
EASTSIDE ADD TO HAYDEN VILLAGE, LT 6 1351NO4W
Tax Annual Amount
2282
Legal Description
EASTSIDE ADD TO HAYDEN VILLAGE, LT 6 1351NO4W
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Water source
Public
Amenities
fenced backyard
Building Details
Year built
1977
Number of units
2
Building materials
Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Coldwell Banker Tomlinson
(208) 672-0447
Listed By:
Antigone Twidt · License #SP39326
(208) 755-0150
Added: Oct 16
Last Checked: Oct 16 at 10:06PM
MLS# 26-10302
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.
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Investment Insights
Based on property information with market context.
This 2,248-square-foot duplex in Hayden contains two residences, each with an attached single-car garage. Both units have an electric range, refrigerator, and dishwasher. The building was constructed in 1977 and has frame construction, electric baseboard heat, and main-floor utilities. Public water and sewer serve the property.
The parcel covers 0.43 acres and includes a fenced backyard. The property is zoned Res, and long-term renters are in place.
The parcel covers 0.43 acres and includes a fenced backyard. The property is zoned Res, and long-term renters are in place.
Key Highlights
- Two residences, each with an attached single‑car garage
- 2,248 square feet of building area on 0.43 acres
- Both units include an electric range, refrigerator, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,521
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,420
$410.4K
Cap Rate 7%
$293,157
$293.2K
Cap Rate 9%
$228,011
$228.0K
Market Conditions
NOI Build-Up for 2,248 SF
Gross rent
$31.0K $13.80/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$29.3K $13.04/SF
− OpEx
−$8.8K −$3.91/SF
NOI
$20.5K $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%
$410,420
Cap Rate 7%
$293,157
Cap Rate 9%
$228,011
Alternative Uses
Best Use
Multifamily LT 5
$293.2K
$256.5K – $342.0K
NOI $20,521 @ 7.0% cap · market cap 3.43%
Second Best
Apartment 5plus
$271.3K
$237.4K – $316.5K
NOI $18,988 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$487.6K
$426.7K – $568.9K
NOI $34,135 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
625
Businesses Nearby
Explore this area
Business Placement
Demographics for 83835, ID
23,157
Population
10,110
Households
2.3
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
99.4 sq mi
ZIP Area
233
Density / Sq Mi
$86,014
Median Household Income
$43,925
Median Earnings
$1,688
Median Rent
$502,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences include kitchen appliances and access to a fenced outdoor area.
Where is this duplex located?
The property is located at 9771 N Melrose St Hayden, ID.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two residences, each with an attached single‑car garage; 2,248 square feet of building area on 0.43 acres; Both units include an electric range, refrigerator, and dishwasher
