502 East Garden Avenue

Coeur D'Alene, ID 83814

$995,000
Price
Beds
2,515 Sq. Ft.
$396 / Sq. Ft.
2,515
Sq. Ft.
$396
per Sq. Ft.

Description

Welcome to an exceptional investment opportunity in the vibrant heart of booming downtown Coeur d'Alene! This updated and furnished 4-plex offers four 1-bedroom, 1-bathroom units, each designed for comfort and style. Whether you're looking for a short-term rental income generator or a long-term investment, this property is perfectly positioned to meet your needs. Three units come fully furnished, ready for immediate occupancy or rental. This turnkey property minimizes hassle and maximizes convenience...Welcome to an exceptional investment opportunity in the vibrant heart of booming downtown Coeur d'Alene! This updated and furnished 4-plex offers four 1-bedroom, 1-bathroom units, each designed for comfort and style. Whether you're looking for a short-term rental income generator or a long-term investment, this property is perfectly positioned to meet your needs. Three units come fully furnished, ready for immediate occupancy or rental. This turnkey property minimizes hassle and maximizes convenience for both you and your tenants. The desirable downtown location ensures a steady demand from tourists, professionals, and long-term residents alike, enhancing your rental income potential. This 4-plex is more than just a property; it's a rare opportunity to invest in the flourishing downtown area of Coeur d'Alene. Whether you're an experienced investor or looking to enter the real estate market, this property promises to deliver exceptional returns.
  1. Listed by Josh Suhr • Windermere/Coeur d'Alene Realty Inc

Property Details for 502 East Garden Avenue

View
Territorial
Subdivision
CdA & Kings
LISTING UPDATED: 10/14/2024 06:07 AM

Property Details for 502 East Garden Avenue

StatusActive
MLS #24-5970
Days on Market158
Taxes$4,318 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Multi-Family
Year Built1910
Lot Size0.13 AC / 5,662 SF
CountyKootenai County

Building Information for 502 East Garden Avenue

Stories-Residences-Year Built1910Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 502 East Garden Avenue

Summary
Location and General Information
  • City: Coeur d'Alene
  • State/Province: Idaho
  • County: Kootenai
  • Postal Code: 83814
  • Geo Lat: 47.67731
  • Geo Lon: -116.779341
  • Zoning: Residential
  • Directions: Southeast corner of Garden & 5th Street
  • Neighborhood Grid #: 104
  • Absolute Longitude: 116.779341
Taxes and HOA Information
  • Taxes: $4,318.27
  • Parcel Number: C18000190010
  • Tax Year: 2023
  • AIN/Tax Bill: 118761
  • Taxes Reflect 1: No Exemptions
School Information
  • School District: CDA - 271
Parking
  • Garage Stall: None
Property
Lot Information
  • Area: 01 - Cd'A Urban/Dalton
  • Total SqFt.: 2515.0
  • Building Style: Multi Level
  • Lot Acres: 0.13
  • Lot Type 1: Duplex/Multi
  • Lot Features: Corner Lot, Open, Level
  • ESTIMATED SqFt Source: Assessor
Property and Assessments
  • Picture Count: 19
  • Document Count: 2
  • Year Built: 1910
  • Legal: CDA & KINGS ADD, LT 1 BLK 19 13 50N 04W
  • REO: No
  • New Construction: No
  • Miscellaneous: Section: 13.0
  • Miscellaneous: Town: 50
  • Miscellaneous: Range: 04
  • Miscellaneous: Range Direction: WBM
  • Construction: Frame
  • Realtor.COM Type: Multi-Family
Utilities
  • Water: City
  • Sewer: City Sewer
Interior and Exterior Features
Exterior Features
  • Exterior: Wood
  • Exterior Features: Covered Deck, Curbs
  • Road: Paved, Public Maintained Road
  • Roof: Metal
Interior Features
  • Basement: Unfinished
  • Bsmt: Part Size
  • Foundation: Concrete
  • Fuel: Electric
  • Heating: Baseboard
  • Interior Features: Cable Internet Available, Hardwood Floors, Cable TV
Multi Family
Multi-Family Information
  • Total Rooms/Units: 4
  • SqFt Per: Bldg
  • 1 BR units: 4.0
Income & Expenses
  • Income: Monthly Rental Income: $6,536
  • Income: Monthly Rental Stat: Projected
  • Income: Annual GSI: $78,434
  • Income: Annual GSI Stat: Projected
  • Utilities Paid By: Sewer: Landlord
  • Utilities Paid By: Water: Landlord
  • Utilities Paid By: Garbage: Landlord

Property History for 502 East Garden Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 502 East Garden Avenue

Taxable ValueLand$350,000Additions$382,582Total$732,582
Tax Record2023$4,318 ($360 / month)
Home Facts
Beds4Total Finished SqFt456 SqFtAbove Grade Finished SqFt456 SqFtStories2Lot Size5,489 SqFtStyleSingle Family ResidenceYear Built1910CountyKOOTENAIAPNC18000190010

Schools near 502 East Garden Avenue

This home is within Coeur d'Alene District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Bryan Elementary School
PublicPK to 5

Lakes Middle School
Public6 to 8

Lake City High School
Public9 to 12

Northwest Expedition Academy
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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502 East Garden Avenue is a multi-family home for sale in Coeur D'Alene, ID 83814. This property was listed for sale on June 20, 2024 by Windermere/Coeur d'Alene Realty Inc, it's currently listed at $995,000. It has been on the market for a total of 158 days and was last sold on May 7, 2018. This listing's school district is Coeur d'Alene District. Nearby schools include Bryan Elementary School, Lakes Middle School and Lake City High School. 502 East Garden Avenue is a 0-bed, 0-bath, 2,515 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere/Coeur d'Alene Realty Inc

The information is being provided by Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. All Rights Reserved.