328 Kootenai, Sandpoint, ID 83864

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List Price
$2,250,000
Status
CLOSED
MLS#
26-8407
Style
Split Entry
Year Built
1982
Closing Date
Aug 14, 2026
Acres
1.72
Living Area
1,458
Region
North (Bonner & Boundary)
Subdivision
N/A
Type
Single Family Residential

Property 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.

Additional Information

Taxes
$8,893
Lot Features
Corner Lot, Level, Open Lot
Heating
Baseboard, Other, Electric
Exterior Features
Open Deck
Water
Public
Sewer
Public Sewer
School District
Lk Pend Oreille - 84

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Centennial.