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    Spirit Lake, ID
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    Spirit Lake, ID Multifamily Properties for Sale

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    Rathdrum, ID Athol, ID Twin Lakes, ID Blanchard, ID Priest River, ID Hayden, ID Newport, WA Elk, WA
    Mixed-Use Main Street Building
    Updated: Jul 1
    Mixed-Use Main Street Building

    6236 W MAINE St, Spirit Lake, ID 83869

    $640,000
    4,325 sqft 0.08 AC lot
    4‑unit mixed‑use property on Spirit Lake’s Historic Main Street: 1 ground‑floor commercial space and 3 residential apartments
    Recent updates include a newer roof and fresh paint
    Separate utilities for the units help minimize owner expenses
    Public water and public sewer service
    Building features include cement block, block, and brick construction; basement level; interior storage
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    This listing looks promising.

    Here's a quick look at some key insights for

    6236 W MAINE St, Spirit Lake, ID 83869

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $45K
      Annual

    • Mortgage

      $525K
      Nov 2024

    • Property Type

      Retail Stores
      Built 1905
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    Mixed-Use Quadplex with Ground Retail
    Updated: Jul 1
    Mixed-Use Quadplex with Ground Retail

    6236 W MAINE St, Spirit Lake, ID 83869

    $640,000
    4,325 sqft 0.08 AC lot
    4‑unit mixed‑use property on Spirit Lake’s Historic Main Street with 1 ground‑floor commercial space and 3 residential apartments
    Year built: 1905; construction materials include cement block, block, and brick
    Recent updates include a newer roof and fresh paint
    Separate utilities for each unit help minimize owner expenses
    Public water and public sewer
    View details
    Mixed-Use Fourplex with Commercial Space
    Mixed-Use Fourplex with Commercial Space

    6276 W MAINE St, Spirit Lake, ID 83869

    $634,500
    3,596 sqft 0.08 AC lot

    Four-unit mixed-use property with a ground-floor commercial space and three residential apartments, with newer roof and fresh paint.

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    Mixed-Use Investment Property For Sale
    Mixed-Use Investment Property For Sale

    6236 Maine Street, Spirit Lake, ID 83869

    $640,000
    4,325 sqft

    Four units, mixed-use property with value-add potential.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Four-Unit Mixed-Use Building
    Four-Unit Mixed-Use Building

    6276 W MAINE St, Spirit Lake, ID 83869

    $634,500
    3,596 sqft 0.08 AC lot

    Mixed-use property with a ground-floor commercial space and three occupied residential apartments with separate utilities.

    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Spirit Lake, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Workforce Housing Mobile Home Park
    Workforce Housing Mobile Home Park

    5405 E Grove Ave, Athol, ID 83801

    $2,650,000
    12,000 sqft 1.86 AC lot

    Nine separately metered rental homes on city lots, with fenced yards and storage sheds, currently 100% occupied.

    View details
    Blanchard Land with Motorcoach Amenities
    Blanchard Land with Motorcoach Amenities

    43 Sand Trap Ln, Blanchard, ID 83804

    $180,000
    140 sqft 0.09 AC lot

    Land with motorcoach amenities, mountain views, and included golf cart.

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    Blanchard, ID Motorcoach Lot
    Blanchard, ID Motorcoach Lot

    46 Eagle Way, Blanchard, ID 83804

    $128,000
    0.09 AC lot

    Motorcoach lot with covered patio and storage shed.

    View details
    Workforce Housing Community
    Workforce Housing Community

    5405 E Grove AVE, Athol, ID 83801

    $2,650,000
    1,500 sqft 2.23 AC lot

    Nine separately metered rental homes with fenced yards and storage sheds on developable lots in Athol.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Blanchard Land: Entertainer's Delight
    Blanchard Land: Entertainer's Delight

    101 Par Loop, Blanchard, ID 83804

    $345,000
    140 sqft 0.11 AC lot

    Oversized corner lot with extensive outdoor kitchen and coach house.

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    Hauser, ID Land with Views
    Hauser, ID Land with Views

    16154 N Smith Ave, Hauser, ID 83854

    $495,000
    1,232 sqft 5.00 AC lot

    5-acre property with Hauser Lake views, ready for your dream home.

    View details
    Land Near Little Spokane River
    Land Near Little Spokane River

    1901 Pines Rd, Newport, WA 99156

    $115,000
    10.13 AC lot

    10.13 acres near Newport with river views.

    View details
    Scenic Land Overlooking St. Joe
    Scenic Land Overlooking St. Joe

    St Maries, ID 83861

    $149,000
    5.00 AC lot

    5-acre parcel with views, convenience, and flexibility.

    View details

    Spirit Lake, ID Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Spirit Lake, ID, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 20,167 square feet of properties for sale, with an estimated market value of $3,189,000.

    Sale prices for multifamily properties in Spirit Lake, ID start at $634,500, averaging $637,800, and reaching up to $640,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 3
    Triplexes 2

    Demographics Overview

    Population 5,278
    Population Growth (5Y) +5.4%
    Median Household Income $64,625
    College Educated 24.7%

    High-Yield Neighborhoods for Investment

    Identify Spirit Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    83869 $585.8K

    Taxes & Financing

    Tax Rate (average for all types) 0.43%
    Property Tax per SF $5.14 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kootenai County

    New Delisted

    Total CRE Inventory on Market (SF)

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