5419 Parkwood CtCoeur d'Alene, ID 83815

For Sale
$699,900

Centrally located Coeur d'Alene duplex, remodeled, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a charming two-unit duplex nestled in Coeur d'Alene, Idaho, at 5419 N Parkwood Ct, 83815. Boasting a total of 3,056 square feet, this property offers a compelling blend of live-in potential and rental income. Built in 1979, the duplex features two units, each recently remodeled and ready for immediate occupancy. Each unit includes four bedrooms and two bathrooms, providing ample living space. Additional amenities include an attached garage, a fenced backyard, an electric fireplace, washer/dryer hookups, and a full kitchen. A large deck overlooks a tree-lined yard, enhancing the property's curb appeal. The property's convenient cul-de-sac location adds to its desirability. Recently connected to the sewer system, this duplex presents a turnkey investment opportunity with a current 50% occupancy rate, generating a net operating income (NOI) of $57,480 and an 8.21% cap rate. The asking price is $699,900, translating to $229.02 per square foot and $349,950 per unit. This property is classified as a Class C multifamily investment in Kootenai County. Don't miss this chance to acquire a well-maintained, high-yield investment property in a desirable location.

Highlights

  • $699,900 asking price for a two-unit multifamily property.
  • Class C property with 3,056 square feet, priced at $229.02 per square foot.
  • 8.21% cap rate with a current NOI of $57,480.
  • 50% occupancy rate.
  • Located at 5419 N Parkwood Ct, Coeur d'Alene, ID 83815.
  • Built in 1979, the property features two stories and one building.

Property Details for 5419 Parkwood Ct

Property type
Multifamily properties, Residential income homes
Square Feet
3,056 SF
Class
C
Year Built
1979
Buildings
1
Stories
2
Units
2

Location Insight

City
Coeur d'Alene
County
Kootenai
State
Idaho
Latitude
47.7279849
Longitude
-116.798117
5419 Parkwood Ct, Coeur d'Alene, Idaho

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5419 Parkwood Ct
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message