516 East Indiana Avenue

Coeur D'Alene, ID 83814

$1,999,999
Price
Beds
3,990 Sq. Ft.
$501 / Sq. Ft.
3,990
Sq. Ft.
$501
per Sq. Ft.

Description

Amazing investment opportunity with charm! Nestled in the heart of Coeur d'Alene this multi-family 5-plex offers a variety of features, including subway backsplashes, modern updates, leaded windows, mini-split heating and A/C units, and basement laundry room. With 5 Units remodeled in 2021 this could be the investment property you have been searching for, including the option of a short term rental unit. Alley access to a detached 4+garage and partially fenced yard with covered porch.Amazing investment opportunity with charm! Nestled in the heart of Coeur d'Alene this multi-family 5-plex offers a variety of features, including subway backsplashes, modern updates, leaded windows, mini-split heating and A/C units, and basement laundry room. With 5 Units remodeled in 2021 this could be the investment property you have been searching for, including the option of a short term rental unit. Alley access to a detached 4+garage and partially fenced yard with covered porch.
  1. Listed by Michael Dean Williams • The Agency Coeur d'Alene

Property Details for 516 East Indiana Avenue

View
Territorial
Subdivision
CdA & Kings
LISTING UPDATED: 10/09/2024 06:15 AM

Property Details for 516 East Indiana Avenue

StatusActive
MLS #24-2589
Days on Market267
Taxes$7,172 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Multi-Family
Year Built1900
Lot Size0.13 AC / 5,662 SF
CountyKootenai County

Building Information for 516 East Indiana Avenue

Stories-Residences-Year Built1900Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 516 East Indiana Avenue

Summary
Location and General Information
  • City: Coeur d'Alene
  • State/Province: Idaho
  • County: Kootenai
  • Postal Code: 83814
  • Geo Lat: 47.675692
  • Geo Lon: -116.77887
  • Zoning: R-17
  • Directions: From Sherman Ave: Head North on 5th St, take a Right on Indiana
  • Neighborhood Grid #: 104
  • Absolute Longitude: 116.77887
Taxes and HOA Information
  • Taxes: $7,171.66
  • Parcel Number: C180000E0040
  • Tax Year: 2023
  • AIN/Tax Bill: 130927
  • Taxes Reflect 1: No Exemptions
School Information
  • School District: CDA - 271
Parking
  • Garage Stall: 4+ Car
Property
Lot Information
  • Area: 01 - Cd'A Urban/Dalton
  • Total SqFt.: 3990.0
  • Building Style: Multi Level
  • Lot Acres: 0.13
  • Lot Type 1: Duplex/Multi
  • Lot Features: Alley Access, Level
  • ESTIMATED SqFt Source: Assessor
Property and Assessments
  • Picture Count: 76
  • Document Count: 2
  • Year Built: 1900
  • Legal: CDA & KINGS ADD, LT 4 BLK E Section 13 Township 50N Range 04W
  • REO: No
  • New Construction: No
  • Real Property Excluded: Exclusions: tenant property
  • 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 Porch, Sidewalks, Open Deck, Landscaping, Fencing - Partial, Curbs
  • Road: Paved, Road Maintenance Agreement
  • Roof: Metal
Interior Features
  • Basement: Cellar, Part Finished
  • Bsmt: Part Size
  • Foundation: Concrete, Rock
  • Fuel: Gas
  • Heating: Ductless, Mini-Split
  • Interior Features: Cable Internet Available, Mini-Split A/C, Cable TV
Multi Family
Multi-Family Information
  • Total Rooms/Units: 5
  • SqFt Per: Complex
  • 1 BR units: 5.0
Income & Expenses
  • Income: Monthly Rental Income: $5,600
  • Income: Annual GSI: $67,200
  • Utilities Paid By: Sewer: Landlord
  • Utilities Paid By: Water: Landlord
  • Utilities Paid By: Electric: Landlord
  • Utilities Paid By: Gas: Landlord
  • Utilities Paid By: Cable: Landlord
  • Utilities Paid By: Garbage: Tenant

Property History for 516 East Indiana 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 516 East Indiana Avenue

Taxable ValueLand$350,000Additions$910,374Total$1,260,374
Tax Record2023$7,172 ($598 / month)
Home Facts
Beds5Total Finished SqFt4,758 SqFtAbove Grade Finished SqFt3,990 SqFtFinished Basement SqFt768 SqFtStories2Lot Size5,489 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated2021CountyKOOTENAIAPNC180000E0040

Schools near 516 East Indiana 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

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

516 East Indiana Avenue is a multi-family home for sale in Coeur D'Alene, ID 83814. This property was listed for sale on April 2, 2024 by The Agency Coeur d'Alene, it's currently listed at $1,999,999. It has been on the market for a total of 267 days and was last sold on April 12, 2022. This listing's school district is Coeur d'Alene District. Nearby schools include Bryan Elementary School, Lakes Middle School and Lake City High School. 516 East Indiana Avenue is a 0-bed, 0-bath, 3,990 sqft multi-family home built in 1900.

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 The Agency Coeur d'Alene

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.