1116 Lakeside Ave Coeur d'Alene, ID 83814
This exceptional investment opportunity presents a meticulously renovated, single-story duplex located at 1116 E Lakeside Ave in Coeur d'Alene, Idaho, 83814. Built in 1940 and extensively updated in 2022, this property boasts a total of 2,262 square feet situated on a generous 5,489 square foot lot. The property consists of two individual rental units, each offering significant rental income potential at a price of $312,500 per unit. The asking price for the entire property is $625,000, translating to a price per square foot of $276.30. This represents a strong value proposition in the desirable Coeur d'Alene market. The property's location near downtown Coeur d'Alene provides convenient access to local amenities, attractions, and a thriving rental market. The 2022 renovations ensure modern comforts and appeal to tenants, minimizing maintenance needs and maximizing rental income. This turnkey investment is ideal for both seasoned and aspiring real estate investors seeking a profitable and well-maintained property in a prime location. The property's single-story design and manageable size offer ease of maintenance and oversight. This is a rare opportunity to acquire a high-performing rental property in a sought-after Idaho location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.