Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2574 Fairway Dr Coeur d'Alene, ID 83815
    Back to Search
    Property profile & analytics

    2574 Fairway Dr, Coeur d'Alene, ID 83815

    View on Map
    • Residential income homes
    • 2,842 SF
    • 0.26 lot acres
    Off-Market
    Property ID
    US27-0518556
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Martin Maher Services / Corporate Office

    Property Details for 2574 Fairway Dr

    Year built
    1975
    Lot size
    0.26 lot acres
    Property type
    Residential income homes
    APN
    C00000037120

    Description

    This exceptional investment opportunity presents a meticulously maintained, two-unit duplex ideally situated in Coeur d'Alene, Idaho, at 2574 Fairway Dr, 83815. Boasting a total of 2,842 square feet, this Class C property, built in 1975 and extensively renovated in 2022, offers stunning views of the public golf course. Each of the two units comprises three bedrooms and two bathrooms, spread across a split-level design. The units feature attached two-car garages, providing ample parking (four spaces total). Inside, residents will appreciate the spaciousness, with each unit encompassing approximately 2,000 square feet, highlighted by large bedrooms, generously sized closets, new windows, fresh carpeting, and attractive built-in features. Additional amenities include a covered and enclosed deck, a convenient lower-level laundry room, and a fully fenced backyard. The property sits on a 0.26-acre lot. Currently operating at 100% occupancy, generating a Net Operating Income (NOI) of $27,635 and a 4.25% cap rate, this property presents a strong return on investment. The asking price is $649,900, translating to $324,950 per unit and $228.68 per square foot. Seller financing is available, contingent upon successful underwriting and credit approval, requiring a minimum 20% down payment, a 9% interest rate, a 30-year amortization schedule, and a 5-year balloon payment. This turnkey investment is conveniently located near shopping and dining options, making it an attractive proposition for both owner-occupants and investors. The property's Kootenai County location and address are confirmed. The APN is C00000037120. New siding is currently being installed on both units.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Coeur d'Alene
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.8208637
    Latitude
    47.70266461

    Comparable in this City

    • $799,000
      1,680 SF

      Coeur d'Alene Duplex Investment

      Duplex on 0.55-acre lot with US-95 frontage.
      500 W Twilight Ct, Coeur d Alene, ID 83815
      View Details
    • $799,000
      1,680 SF

      Coeur d'Alene Duplex Opportunity

      Duplex on 0.55-acre lot with strong rental history.
      500 West Twilight Ct, Coeur d Alene, ID 83815
      View Details
    • $699,000
      2,352 SF

      Coeur d'Alene Duplex Near Golf

      Multi-unit duplex near Coeur d'Alene Golf Club.
      2375/2377 W Fairway Dr, Coeur d Alene, ID 83815
      View Details
    • Contact for pricing
      Pending

      Spacious Condo with Large Yard

      3 bed, 2 bath condo with amenities and large yard.
      3692 N Steven Pl, Coeur d Alene, ID 83815
      View Details
    • Contact for pricing
      7,200 SF

      Retail Property on Government Way

      Retail property featuring 7,200 square feet of space.
      6265 N Government Way, Coeur d Alene, ID 83815
      View Details
    • New
      $389,000
      0.36 Acres

      Coeur d'Alene Commercial Land

      0.355-acre commercial land parcel in Coeur d'Alene, Idaho.
      225 W Haycraft Ave, Coeur d Alene, ID 83815
      View Details

    Similar Nearby for Sale

    • $799,000
      1,680 SF

      Coeur d'Alene Duplex Investment

      Duplex on 0.55-acre lot with US-95 frontage.
      500 W Twilight Ct, Coeur d Alene, ID 83815
      View Details
    • $799,000
      1,680 SF

      Coeur d'Alene Duplex Opportunity

      Duplex on 0.55-acre lot with strong rental history.
      500 West Twilight Ct, Coeur d Alene, ID 83815
      View Details
    • $699,000
      2,352 SF

      Coeur d'Alene Duplex Near Golf

      Multi-unit duplex near Coeur d'Alene Golf Club.
      2375/2377 W Fairway Dr, Coeur d Alene, ID 83815
      View Details
    • Contact for pricing
      Pending

      Spacious Condo with Large Yard

      3 bed, 2 bath condo with amenities and large yard.
      3692 N Steven Pl, Coeur d Alene, ID 83815
      View Details
    • $115,000

      Established Coeur d'Alene Coffee Shop

      Community-centered coffee shop with loyal customer base and strong reputation.
      Nna Coeur D Alene, Coeur d Alene, ID 83815
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr

      Standalone Building with Ample Parking

      High-quality building in central location with excellent curb appeal.
      Coeur, Coeur d Alene, ID 83815
      View Details
    • Contact for pricing

      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
    • Contact for pricing

      Versatile Flex Space Available

      Office, showroom, and warehouse space near I-90.
      3850 N Schreiber Way, Coeur d Alene, ID 83815
      View Details
    • Contact for pricing

      Industrial Land for Ground Lease

      Fenced yard space available for ground lease.
      3904-3954 Industrial Loop, Coeur d Alene, ID 83815
      View Details
    • Contact for pricing

      Coeur d'Alene Land for Lease

      Land available for lease in Coeur d'Alene, Idaho.
      3904 Industrial Loop, Coeur d Alene, ID 83815
      View Details
    • Contact for pricing

      Coeur d’Alene Retail/Flex Space

      Versatile space in high-traffic area, ideal for diverse uses.
      3700 N Government 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.
    2574 Fairway Dr
    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

    Thank You for Inquiry
    2574 Fairway Dr, Coeur d'Alene, ID, 83815
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!