Lake Home For Sale near Coeur d Alene Lake
$800k in seller financing available for 3 years at 8% interest-only. Lake CDA Apartments is a 4,978 SF multifamily property on a 0.43 acre parcel in east downtown Coeur d'Alene. The fully furnished asset includes 12 units consisting of 9 studios and 3 one bedroom apartments, plus an on-site laundry facility and manager's office. Recent upgrades include new interior and exterior paint, modern fixtures, updated kitchenettes, and a new TPO roof. Rents range from $1,300 to $1,800 per month, with two one bedroom units generating over $4,000 monthly as s. Ideally located next to Michael D's, across from Vantage Brewing, and adjacent to the Coeur d'Alene Resort Golf Course, the property blends tenant appeal with strong investment upside. The T-12 figures reflect an annual revenue of $202,530 and -$42,827 in expenses, producing an NOI of $159,703 with an average occupancy of 89%. Zoned C17, the property offers mixed-use flexibility for residential or commercial applications.Property Details
- Beds: 3
- Baths: 0.0
- Sq Feet: 4978
- Year Built: 1938
- Location: Coeur d Alene Lake
- Acres: 0.430
- ViewTypes: City
- County: Kootenai County
- Community: Glenmore
- Heat/AC: Electric (Heating), Heat Pump (Heating), Natural Gas
- Siding: Lap Siding, Frame
- Roof: Composition
- Property Taxes: $7,333
- MLS #: 25-9246
Location
| Click on map to activate | |
|
|
| (Open in Google Maps) (Bing Map) (Mapquest Map) |
Contact Information:
|
|||
|
|||
Ad Statistics:
| Ad Number : | 6604342 |
| Viewed: | 9 times |
| Added: | Sep 09, 2025 |
| Updated on: | Nov 06, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
