About 1611 E Montana Ave
DISCOVER A MULTI-FAMILY GEM IN PRIME LOCATION OF COEUR D'ALENE WITH THIS CHARMING 5-PLEX PROPERTY. This investment opportunity boasts stable and consistent rental income, making it an attractive option for savvy investors. Nestled in a delightful neighborhood, the property offers proximity to breathtaking Lake Coeur d'Alene, downtown attractions, and various recreational opportunities, providing tenants with a lifestyle that seamlessly blends nature and convenience. All five units feature an identical layout for ease of management. Downstairs, each unit includes a well-appointed kitchen, dining area, convenient half-bath, in-unit laundry hook-ups, and a comfortable living room with a slider that opens to a private backyard patio. Upstairs, tenants enjoy two spacious bedrooms, a full bathroom, and ample storage in the hallway linen closet. Each tenant benefits from two designated parking spaces—one carport spot with an attached storage closet and one open spot in the parking lot. The property also presents additional income potential with a side portion of the lot on 16th street, suitable for RV parking or other income-generating uses. The well-maintained grounds feature a spacious open common area in the front yard, mature trees, sprinklers in both front and back yards, and a large storage closet for the owners. Coeur d'Alene's real estate market has demonstrated resilience and growth, positioning this property as a smart investment with the potential for appreciation over time. Seize the opportunity to meet the strong demand for quality rental properties in the area. AGENTS: refer to private notes and Documents tab for additional property details. Don't miss out on this chance to invest in a property that combines location, stability, and growth potential.
Features of 1611 E Montana Ave
| MLS® # | 24-1651 |
|---|---|
| Price | $1,350,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,220 |
| Acres | 0.43 |
| Year Built | 1981 |
| Type | MultiFamily |
| Sub-Type | Apartment |
| Style | Multi Level |
| Status | Pending |
Community Information
| Address | 1611 E Montana Ave |
|---|---|
| Area | 01 - Cd'A Urban/Dalton |
| Subdivision | N/A |
| City | Coeur d'Alene |
| County | Kootenai |
| State | ID |
| Zip Code | 83814 |
Amenities
| View | Territorial |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable Internet Available, Main Floor Utilities |
|---|---|
| Heating | Electric, Baseboard |
| Fireplace | No |
| Has Basement | Yes |
| Basement | None-Crawl Space |
Exterior
| Exterior Features | Curbs, Landscaping, Open Patio, Rain Gutters, RV Parking - Open, Sprinkler System - Back, Sprinkler System - Front, See Remarks, Fencing - Full |
|---|---|
| Lot Description | Level, Open Lot, Southern Exposure |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| District | CDA - 271 |
|---|
Additional Information
| Zoning | CDA-R-12 - Res |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Windermere/Coeur d'Alene Realty Inc |
|---|