704 E WALLACE AVE, Coeur d’Alene, ID 83814 (MLS# 25-4907)

704 E WALLACE AVE, Coeur d'Alene, ID 83814

$965,000
Property Type: Residential Bedrooms: 4 Baths: 4.5 Square Footage: 2,982 Lot Size (sq. ft.): 5,663 Status: Closed
Current Price: $965,000 List Date: 5/30/2025 Last Modified: 7/02/2025

Overview

Description

Rare investment property or incredible primary residence in the Coveted Garden District of Coeur D'Alene. This unique property offers both timeless 1920s charm and modern opportunity with a highly successful income-producing rental history. The main house sleeps 12 with an additional 2 in the ADU! This professionally decorated home offers four bedrooms and four and a half baths in a beautifully preserved historic single-family home setting located in the heart of the Garden District. Just a few short blocks from vibrant downtown Sherman Avenue, Lake Coeur d'Alene, and Tubbs Hill. Enjoy the walkable lifestyle of one of the most desirable neighborhoods in town, surrounded by mature trees, historic architecture, and the cultural and culinary local attractions of downtown Coeur d'Alene. Featuring a thoughtfully designed Additional Dwelling Unit (ADU) , this property's opportunities are endless. See attached interior floor plan(s) and virtual tour(s).

Supplements: Enjoy time with family and friends in the impeccably appointed finished basement with a non-conforming additional bedroom in the main house (5th bedroom), large dining area, and hot tub - perfect for entertaining! Additional washer/dryer hookups in the basement allow for customization of the home to fit your needs. This special historic home is one ...

Listing Details MLS# 25-4907

Address Information

Street Number
704
Street Direction Pfx
E
Street Name
WALLACE
Street Suffix
AVE
State/Province
ID
Postal Code
83814
County
Kootenai

Contract Information

Listing Type
Site Built < 2 Acre
Income Producing
Yes
Area
01 - Cd'A Urban/Dalton
Neighborhood Grid #
104
Begin Date
2025-05-16
Sold Date
2025-07-01
Under Contract Date
2025-06-20
Short Sale
No
REO
No
Financing
Cash

General Property Description

Realtor.COM Type
Residential - Single Family
Building Style
Multi-Level
Basement
Yes
Garage Type
Det Garage
Garage Stall
1 Car
Total Bedrooms
4
Total Bathrooms
4.5
Total SqFt.
2982
SqFt B
825
SqFt 1
853
SqFt 2
814
SqFt Source
Assessor
Lot Acres
0.13
Year Built
1920
Remodeled
Yes
Year of Remodel
2019
New Construction
No
Lot Type 1
Residential
Add'l Living Quarters
Yes
Add'l Living Quarters Beds
Yes
Add'l Living Quarters Total Baths
Yes
Add'l Living Quarters Approx SqFt
490
Add'l Living Quarters SqFt Source
Builder
Add'l Living Quarters Year Built
2022
Add'l Living Quarters Description
Guest House

Legal and Taxes

Legal
CDA & KINGS ADD, LT 1 BLK 28 13 50N 04W
AIN/Tax Bill
128120
Parcel Number
C18000280010
School District
CDA - 271
Zoning
R-8
Taxes
4427
Tax Year
2024
Taxes Reflect 1
No Exemptions
Subdivision
CdA & Kings
Directions
From Sherman, North on 7th, E on Wallace, Home is on the corner of 7th and Wallace

Remarks

Public Remarks
Rare investment property or incredible primary residence in the Coveted Garden District of Coeur D'Alene. This unique property offers both timeless 1920s charm and modern opportunity with a highly successful income-producing rental history. The main house sleeps 12 with an additional 2 in the ADU! This professionally decorated home offers four bedrooms and four and a half baths in a beautifully preserved historic single-family home setting located in the heart of the Garden District. Just a few short blocks from vibrant downtown Sherman Avenue, Lake Coeur d'Alene, and Tubbs Hill. Enjoy the walkable lifestyle of one of the most desirable neighborhoods in town, surrounded by mature trees, historic architecture, and the cultural and culinary local attractions of downtown Coeur d'Alene. Featuring a thoughtfully designed Additional Dwelling Unit (ADU) , this property's opportunities are endless. See attached interior floor plan(s) and virtual tour(s).

Property Subject to

CC&Rs
No
Homeowners Assoc
None
LID
No
Non-Mtg Lien
None
Flood Zone
Unknown
Aircraft Flight Zone
Unknown
Fire Protection Dist
Yes

More Information

Rooms per Level

Bsmt Living Rm
Yes
Bsmt Bath
Yes
1st Fl Living Rm
Yes
1st Fl Dining Room
Yes
1st Fl Kitchen
Yes
1st Fl Bdrm(s)
Yes
Main Level Bedrooms
Yes
1st Fl Half Bath
Yes
Main Level Bathrooms
Yes
2nd Fl Bdrm(s)
2
2nd Fl Bath
2

Flooring

Wood
Oak
Bamboo
Yes
Carpet
Yes
LVP
Yes
Tile
Yes

View

Neighborhood
Yes

Lot Features

Corner Lot
Yes
Sprinklers In Front
Yes
Sprinklers In Rear
Yes

Interior Features

Fireplace
Yes
Smart Thermostat
Yes
Washer Hookup
Yes

Fencing

Full
Yes

Exterior Features

Lawn
Yes
Lighting
Yes
Open Deck
Yes
Paved Parking
Yes
Spa/Hot Tub
Yes

Other Structures

Guest House
Yes
Shed(s)
Yes

Terms Considered

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Road

Public Maintained Road
Yes

Water

City
Yes

Common Walls

No Common Walls
Yes

Sewer

Public Sewer
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Forced Air
Yes

Appliances

Dishwasher
Yes
Freezer
Yes
Gas Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Gas Water Heater
Yes

Bsmt

Full Size
Yes

Basement

Finished
Yes

Foundation

Concrete
Yes

Construction

Frame
Yes

Exterior

Asbestos
Yes

Roof

Metal
Yes

Property Features

View: Neighborhood Lot Features: Corner Lot; Sprinklers In Front; Sprinklers In Rear Fencing: Full Interior Features: Fireplace; Smart Thermostat; Washer Hookup Exterior Features: Lawn; Lighting; Open Deck; Paved Parking; Spa/Hot Tub Common Walls: No Common Walls Appliances: Dishwasher; Freezer; Gas Range; Microwave; Refrigerator; Washer; Gas Water Heater Fuel: Electric; Natural Gas Heating: Forced Air Other Structures: Guest House; Shed(s) Bsmt: Full Size Basement: Finished Foundation: Concrete Construction: Frame Exterior: Asbestos Flooring: Bamboo; Carpet; LVP; Tile Roof: Metal Road: Public Maintained Road Sewer: Public Sewer Terms Considered: 1031 Exchange; Cash; Conventional
Listing Office: Coldwell Banker Schneidmiller Realty
Last Updated: July - 02 - 2025
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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