$415,000
$415,000
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1510 Jefferson Ave St. Maries, ID 83861
2,880 SqFt
Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $144
Subdivision Third West
MLS Listing ID 25-8522
Sold Date 09/30/25
Style Multi Level
HOA Y/N No
Year Built 1973
Annual Tax Amount $3,885
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Apartment
Source Coeur d'Alene Multiple Listing Service
Property Description
Currently operating at a 7%+ cap rate, here is a fantastic investment opportunity in the heart of St. Maries, Idaho! This 4-plex offers steady income with an excellent occupancy rate and a strong rental history. Each of the four units is approximately 720 sq ft and features a functional 2-bedroom, 1-bath layout, complete with a range/oven, refrigerator, and in-unit laundry. Tenants love the peaceful setting—enjoy the tranquil sound of a seasonal stream that runs adjacent to the east side of the property, and local wildlife like deer, best appreciated from the covered deck or patio. Each unit has private entrances and access to a large shared yard, plus off-street parking. Located minutes from downtown, schools, shopping, and recreation on the St. Joe River, this low-maintenance multi-family property is ideal for investors, with potential for improved rental performance in several of the units.
Location
State ID
County Benewah
Community Third West
Area 14 - Benewah
Zoning Multi Family
Direction S on Washington St from Main Ave/Hwy 5. Left on Jefferson Ave. Destination is on the right.
Rooms
Basement None
Interior
Heating Electric, Baseboard
Exterior
Exterior Feature Open Deck
Garage Description None
View Territorial
Roof Type Composition
Porch Covered Deck, Patio
Building
Lot Description Sloped, Level, Southern Exposure, Wooded
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction No
Schools
School District St Maries Jt - 41
Others
Tax ID RPA01902200010
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Bought with Keller Williams Realty Coeur d'Alene
