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    Spirit Lake, ID
    Quadplex

    Spirit Lake, ID Quadplexes 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 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
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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

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $44K
      Annual

    • Mortgage

      $525K
      Nov 2024

    • Property Type

      Retail Stores
      Built 1905
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    Mixed-Use Fourplex with Commercial Space
    Updated: Jul 1
    Mixed-Use Fourplex with Commercial Space

    6276 W MAINE St, Spirit Lake, ID 83869

    $634,500
    3,596 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
    One block from the lake, offering Maine Street frontage with a ground‑floor commercial location
    Recent updates include a newer roof and fresh paint
    Separate utilities for the units to help minimize owner expenses
    Utilities include public water and public sewer
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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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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Spirit Lake, ID, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Fourplex Residential Income Property
    Fourplex Residential Income Property

    3398 W Lilac Ct, Post Falls, ID 83854

    $1,449,000
    5,392 sqft 0.27 AC lot

    Well-maintained 4plex with two furnished units used as executive short-term rentals and two long-term rental units.

    View details
    Coeur d'Alene Fourplex Opportunity
    Coeur d'Alene Fourplex Opportunity

    Coeur D Alene, ID 83814

    $2,300,000
    4,960 sqft 0.18 AC lot

    Impressive fourplex with income potential in a prime location.

    View details
    Post Falls Multifamily Investment Property
    Post Falls Multifamily Investment Property

    3414 E 12TH Ave, Post Falls, ID 83854

    $1,045,000
    5,184 sqft 0.35 AC lot

    Spacious 3-bedroom townhouse-style units with a history of high occupancy.

    View details
    Impressive Fourplex with Income Potential
    Impressive Fourplex with Income Potential

    Coeur D Alene, ID 83814

    $2,300,000
    4,960 sqft

    Four-unit property with open layouts and attractive finishes.

    View details

    Spirit Lake, ID Quadplexes Market Trends and Statistics

    Explore 3 quadplexes for sale in Spirit Lake, ID, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,246 square feet of properties for sale, with an estimated market value of $1,914,500.

    Sale prices for four-unit buildings in Spirit Lake, ID start at $634,500, averaging $638,166, 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 $640K

    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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