328 N Kootenai Rd, Sandpoint, ID 83864 (MLS# 26-8407)

328 N Kootenai Rd, Sandpoint, ID 83864

$2,250,000
Property Type: MultiFamily Square Footage: 1,458 Lot Size (sq. ft.): 74,923 Status: Closed
Current Price: $2,250,000 List Date: 8/14/2026 Last Modified: 8/14/2026

Overview

Description

Rare opportunity to acquire a fully stabilized, 100% occupied 5-duplex (10-unit) income portfolio in Sandpoint, Bonner County, Idaho -- one of North Idaho's most desirable and fastest-appreciating markets, prized for its lake, mountain, and outdoor-recreation draw. This turnkey portfolio delivers immediate cash flow from day one, with in-place leases across all ten units and zero lease-up risk. Ideal for investors seeking a passive, income-producing asset in a high-demand resort/recreation market with strong seasonal and year-round rental demand and limited housing inventory. Seller is offering owner financing exclusively -- no conventional bank qualification required. Flexible terms available for qualified buyers; contact listing agent for financing structure, rate, and down payment details. Property addresses, rent roll, current leases, and P&L available to qualified buyers upon request/NDA. Portfolio to be sold as one package only -- units not available individually.

Listing Details MLS# 26-8407

Contract Information

Listing Type
Multi Family
Area
North (Bonner & Boundary)
Sold Date
2026-08-14
Neighborhood Grid #
440
Begin Date
2026-07-15
Short Sale
No
REO
No
Financing
Seller Financing

General Property Description

Realtor.COM Type
Multi-Family
Number of Units
10
2 BR units
8
3 BR units
2
Building Style
Split Entry
Basement
No
Garage Stall
None
Total SqFt.
1458
ESTIMATED SqFt Source
Assessor
SqFt Per
Bldg
Year Built
1982
New Construction
No
Lot Acres
1.72
Lot Type 1
Duplex/Multi

Legal and Taxes

Legal
1-57N-2W HOLLYFORD-PHASE ONE BLK 2 LOTS 1-5 DUPLEX
AIN/Tax Bill
RP007870020010A, RP
Parcel Number
RP007870020010A
School District
Lk Pend Oreille - 84
Zoning
Suburban
Directions
From hwy 200 E, left on Main St/ N Kootenai rd to property on the left on the corner of N Kootenai and Jeffrey Dr
Taxes
8893.5
Tax Year
2025
Taxes Reflect 1
No Exemptions
Subdivision
N/A

Remarks

Public Remarks
Rare opportunity to acquire a fully stabilized, 100% occupied 5-duplex (10-unit) income portfolio in Sandpoint, Bonner County, Idaho -- one of North Idaho's most desirable and fastest-appreciating markets, prized for its lake, mountain, and outdoor-recreation draw. This turnkey portfolio delivers immediate cash flow from day one, with in-place leases across all ten units and zero lease-up risk. Ideal for investors seeking a passive, income-producing asset in a high-demand resort/recreation market with strong seasonal and year-round rental demand and limited housing inventory. Seller is offering owner financing exclusively -- no conventional bank qualification required. Flexible terms available for qualified buyers; contact listing agent for financing structure, rate, and down payment details. Property addresses, rent roll, current leases, and P&L available to qualified buyers upon request/NDA. Portfolio to be sold as one package only -- units not available individually.

Address

Street Number
328
Street Direction Pfx
N
Street Name
Kootenai
Street Suffix
Rd
State/Province
ID
Postal Code
83864
County
Bonner

Miscellaneous

Sec
Yes
Twn
57N
Rng
2
Rng Dir
WBM

More Information

Property Subject To

CC&Rs
No
Homeowners Assoc
No
LID
No
Non-Mtg Lien
No
Flood Zone
No
Aircraft Flight Zone
Unknown
Fire Protection Dist
Yes
Fire Protection Name
Northside

Showing Instructions

Showing Service Name
None

Property Features

Paid By Owner: Sewer; Water Paid By Tenant: Electricity; Sewer; Water View: None Lot Features: Corner Lot; Level; Open Lot Fencing: None Interior Features: Wall Unit(s) Exterior Features: Open Deck Fuel: Electric Heating: Baseboard; Cadet Basement: Crawl Space Foundation: Concrete Construction: Frame Exterior: Vinyl Siding; Wood Siding Roof: Comp Shingle Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: 1031 Exchange; Seller Financing
Listing Office: RE/MAX Centennial
Last Updated: August - 14 - 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.

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