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  • Key Facts
  • Description
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Key Facts

Type Apartment
Levels Residential Income
Size 4599 sqft
Garage Yes
Maintenance Fees 
Taxes $246
Days Active 0
Approx. Age 2025
Avg. Price Per Sqft $391
MLS® Number 25-5283

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity in Sandpoint: four newly constructed, individually parceled fee-simple townhomes available as a full investment package. Listed at $1.8M, this rare offering delivers strong projected rents between $2, 300 and $2, 500 per unit, with a potential gross annual income of $112, 800 and an estimated cap rate of approximately 5.8%. Each home features high-end finishes, energy-efficient mini-split ductless heating and cooling, modern kitchens with premium appliances, private fenced yards with patios, and attached one-car garages. Interiors are thoughtfully designed with functional layouts and include washer and dryer sets in every unit. Two of the homes are 3 bed, 2.5 bath units approximately 1, 200 sq ft, one is a 3 bed, 2 bath 1, 165 sq ft home with a main-floor primary suite and large laundry room, and one is a 2 bed, 2.5 bath, 1, 034 sq ft home featuring dual master suites upstairs. These townhomes are located in a quiet cul-de-sac just minutes from downtown Sandpoint, local shops, restaurants, schools, and the scenic Sand Creek Bike Path. Schweitzer Mountain Resort is a short drive away, adding year-round recreational appeal for tenants. All four homes are fee-simple, allowing long-term flexibility with potential for individual resale, 1031 exchange, or traditional hold. Each unit is separately metered and move-in ready, offering a fully turn-key investment in one of North Idaho's fastest-growing and most desirable markets. Don't miss your chance to acquire four modern, low-maintenance, income-producing properties in a prime Sandpoint location with long-term upside!Show Description
MLS® Number25-5283
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorOpen Patio, Rain Gutters, Fencing - Full
GarageYes
Approx. Age2025
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric, Heat Pump, Mini-Split
A/C
Heating Fuel

Extras

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