$1,500,000
Coeur d'Alene, ID 83814
MLS# 25-4329
Status: Closed
4736 sqft
1 / 16
Property Description
The Milbery Apartments is a one-of-a-kind Coeur d'Alene gem. Every inch of this property was thoughtfully renovated over 24 months, with all major systems and capital expenditure items being addressed during renovations. Located in the direct path of progress and boasting a strong rental history, this property is positioned to be a long-term, attractive, cash-flowing asset. Each unit is individually metered for electricity, leaving water, sewer, and trash as the only utility responsibilities of the owner. New ownership will inherit a turnkey building, renovated with premium materials and requiring very little future maintenance.
Details
Maps
Contract Information
Status: Closed
Listing Type: Multi Family
Area: 01 - Cd'A Urban/Dalton
Sold Date: 2026-02-03
Neighborhood Grid #: 104
Begin Date: 2025-05-04
List Price: $1,500,000
Under Contract Date: 2025-10-27
Short Sale: No
REO: No
Financing: Unknown
General Property Description
Realtor.COM Type: Multi-Family
Number of Units: 8
Building Style: Multi Level
Basement: No
Garage Stall: None
Total SqFt.: 4736
ESTIMATED SqFt Source: Assessor
SqFt Per: Complex
Year Built: 1949
New Construction: No
Lot Acres: 0.12
Lot Type 1: Commercial
Legal and Taxes
Legal: CDA & KINGS ADD, LT 12 EX RR RW BLK 15 1350N04W
AIN/Tax Bill: 175064
Parcel Number: C1800015012A
School District: CDA - 271
Zoning: DC
Directions: 2nd Street to Wallace. Corner of Wallace and 2nd in CdA
Taxes: 5168.76
Tax Year: 2024
Taxes Reflect 1: No Exemptions
Subdivision: N/A
Remarks
Public Remarks: The Milbery Apartments is a one-of-a-kind Coeur d'Alene gem. Every inch of this property
was thoughtfully renovated over 24 months, with all major systems and capital expenditure
items being addressed during renovations. Located in the direct path of progress and boasting
a strong rental history, this property is positioned to be a long-term, attractive, cash-flowing
asset. Each unit is individually metered for electricity, leaving water, sewer, and trash as the only
utility responsibilities of the owner. New ownership will inherit a turnkey building, renovated
with premium materials and requiring very little future maintenance.
Address
Street Number: 503
Street Direction Pfx: N
Street Name: 2ND
Street Suffix: ST
State/Province: ID
Postal Code: 83814
County: Kootenai
Miscellaneous
Sec: 13
Twn: 4
Rng: 4
Rng Dir: WBM
Property Subject To
CC&Rs: No
Homeowners Assoc: No
LID: No
Non-Mtg Lien: No
Flood Zone: No
Aircraft Flight Zone: No
Fire Protection Dist: Yes
Property Features
Lot Features: Level
Fuel: Electric
Heating: Cadet
Basement: Crawl Space
Foundation: Concrete
Construction: Frame
Exterior: Wood Siding
Roof: Comp Shingle
Road: Paved
Sewer: Public Sewer
Terms Considered: 1031 Exchange; Cash; Conventional
Listing Office: Widmyer Corporation
Last Updated: February - 04 - 2026
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Sunday 8th of March 2026 02:34 AM
