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.
Closed
Price Unknown
1510 W Jefferson Ave, Saint Maries, ID 83861
8beds
4baths
2,880sqft
Multi Family
Built in 1973
-- sqft lot
$405,000 Zestimate®
$--/sqft
$1,252 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 30, 2025 at 04:21pm
Listed by:
Stephen Preston 208-215-1577,
Keller Williams Realty Coeur d'Alene,
John Thomas Sinclair 208-818-8385,
Keller Williams Realty Coeur d'Alene
Bought with:
Stephen Preston, SP40868
Keller Williams Realty Coeur d'Alene
Source: Coeur d'Alene MLS,MLS#: 25-8522

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric, Baseboard
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
Property
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,018 sqft
- Features: Sloped, Level, Southern Exposure, Wooded
Details
- Additional parcels included: N/A
- Parcel number: RPA01902200010
- Zoning: Multi Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding, Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Saint Maries
- Subdivision: Third West
Other
Other facts
- Road surface type: Paved