Kootenai County · Coeur d’Alene
Sell Your Commercial Property In Coeur d’Alene, ID
From Post Falls to Rathdrum, we buy Coeur d’Alene multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Areas We Target: Post Falls · Hayden · Rathdrum · Midtown — Kootenai County, ID
Market Snapshot
Renter Demand In Coeur d’Alene
Coeur d’Alene is a Kootenai County rental market whose renters are drawn by Spokane jobs, a regional hospital and steady moves from other states. The Census Bureau's 2020-2024 American Community Survey counted 56,447 residents. It found 9,713 renter households, 40.5% of occupied homes. About 13.5% of working residents are employed outside Idaho, per the same survey.
Owners who want to sell commercial property in Coeur d’Alene, ID will see buyers focus on three figures. HUD's FY2027 two-bedroom fair market rent is $1,507, median gross rent is $1,468, and rental vacancy is 6.3%.
This profile covers each figure, the Idaho landlord statutes that apply, Kootenai County tax math and what it means for an owner. Every number links to the Census Bureau, HUD, the Idaho Legislature, a state agency or Kootenai Health, with the year it covers. Figures describe Coeur d’Alene city, with Kootenai County and statewide numbers alongside for comparison.
Spokane job market access
ACS 2020-2024 counts 3,647 Coeur d’Alene workers employed outside Idaho. The Idaho Department of Labor counts 9,080 Spokane and Spokane Valley jobs held by Northern Idaho residents in 2023.Kootenai Health and tourism
Kootenai Health lists 4,700 caregivers and a 397-bed hospital. The Idaho Department of Labor puts Hagadone Hospitality at 1,000 to 2,499 employees and Silverwood at 500 to 999 in 2025.Lifestyle-driven in-migration
In ACS 2020-2024, 5,351 Coeur d’Alene residents had lived in another state one year earlier. That is 9.5% of residents aged one and over and 55.2% of recent movers.Our Buy Box
What We Buy In Coeur d’Alene
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Coeur d’Alene Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Coeur d’Alene
Coeur d’Alene has 9,713 renter households, 40.5% of its 23,963 occupied homes, per ACS 2020-2024 table B25003. Kootenai County's renter share is 28.7%, and Idaho's is 27.9%. Coeur d’Alene holds 47.5% of the county's 20,438 renter households.
Many of those renters are recent arrivals. In ACS 2020-2024, 5,351 Coeur d’Alene residents had lived in another state a year earlier, per table B07001. That is 9.5% of residents aged one and over, and 55.2% of all recent movers.
Spokane jobs add a second source of tenants. The ACS counts 3,647 Coeur d’Alene workers, 13.5% of 27,115, employed outside Idaho, per table B08007. The Idaho Department of Labor counts 5,072 Spokane jobs and 4,008 Spokane Valley jobs held by Northern Idaho residents in 2023.
Hospital and resort payrolls widen the base. Kootenai Health lists 4,700 caregivers and a 397-bed hospital in Coeur d’Alene. The Idaho Department of Labor puts Hagadone Hospitality at 1,000 to 2,499 employees in 2025. Leisure and hospitality jobs in Northern Idaho averaged $28,169 in 2025 wages.
Rents and affordability
Median gross rent in Coeur d’Alene was $1,468 in ACS 2020-2024, against $1,492 in Kootenai County and $1,238 statewide. Median household income in Coeur d’Alene was $72,338, 7.0% below Idaho's $77,800. Kootenai County's median was higher, at $81,861.
About 53.7% of Coeur d’Alene renter households pay 30% or more of income on housing, per table B25070. And 22.5% pay half or more. A year of median rent, $17,616, equals 24.4% of median household income.
HUD's FY2027 fair market rents for the Coeur d'Alene, ID MSA took effect October 1, 2026:
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,272 |
| 1 bedroom | $1,290 |
| 2 bedroom | $1,507 |
| 3 bedroom | $2,087 |
| 4 bedroom | $2,519 |
Source: HUD FMR documentation. The two-bedroom FMR sits just $39 above Coeur d’Alene's all-unit median gross rent, which blends every size and age.
The apartment stock
Coeur d’Alene has 4,527 homes in buildings of five or more units, 17.3% of 26,142 housing units, per table B25024. That is 52.7% of Kootenai County's 8,595 such homes.
Large complexes carry weight here. Buildings of 50 or more units hold 1,258 homes, 27.8% of the 5+ stock. Another 1,400 homes sit in 5-9 unit buildings, 1,021 in 10-19 unit buildings and 848 in 20-49 unit buildings. Only 547 homes, 2.1% of the stock, date from 2020 or later.
Coeur d’Alene's median year built is 1994, and 35.0% of homes predate 1980, per table B25034. Rental vacancy was 6.3% over 2020-2024, against 4.9% in Kootenai County and 3.9% statewide.
Owners who want to sell commercial real estate in Coeur d’Alene, ID should expect buyers to study that vacancy gap. They will ask how a building held occupancy while 5,086 homes were added in 2010-2019.
Property taxes in Kootenai County
Kootenai County's 2025 average urban property tax rate was 0.541%, per the Idaho State Tax Commission. Idaho's statewide urban average was 0.680%. Both are averages of levied amounts, not the levy on any single parcel.
Idaho Code 63-205 requires annual assessment at market value as of January 1. A $2,000,000 assessed value times 0.541% gives $10,820 a year. Spread across 20 units, that is $541 per door.
The same value at the 0.680% statewide urban average would cost $13,600, or $2,780 more. Anyone planning to sell commercial property in Coeur d’Alene, ID can show buyers that tax edge in the pro forma.
School taxes fell too. Coeur d'Alene School District #271 levied $18,927,365 in 2025, down 14.8% from 2024, per the Tax Commission's 2025 market value report. Appeals go to the Board of Equalization by the fourth Monday of June under Idaho Code 63-501A.
Landlord rules
Idaho sets rent, deposit and notice rules by statute. Idaho Code 55-306, headed no rent control, bars local ordinances that would regulate rent, fees or deposits on private residential leases.
Under Idaho Code 6-321, deposit refunds are due within 21 days if the lease is silent. The outer limit is 30 days after surrender. A partial refund needs a signed, itemized statement. Normal wear and tear cannot be charged.
Section 6-321(3) makes a new owner liable for deposits when a property changes hands during a tenancy. Anyone selling commercial property in Coeur d’Alene should give the buyer a full deposit ledger at closing.
For unpaid rent, Idaho Code 6-303 requires three days' written notice demanding payment or possession. Ending a tenancy at will takes at least one month's written notice under Idaho Code 55-208. A tenant who leaves must give the landlord the same one month in writing.
What this means for an owner
Coeur d’Alene pairs a 40.5% renter share with steady out-of-state arrivals and a 397-bed regional hospital. Median owner-occupied home value is $483,500, 15.5% above Idaho's $418,600. Median gross rent of $1,468 sits 18.6% above the state's $1,238.
Buyers will set those strengths against 6.3% rental vacancy and a 1994 median build year. To sell commercial property in Coeur d’Alene, ID, lead with rent rolls, the deposit ledger and recent capital work.
If you plan to sell your apartment building in Coeur d’Alene, start with our cap rate calculator. It shows how the 0.541% county rate moves value. Our seller page explains how we underwrite.
Skyline Capital Investments buys 5+ unit apartment buildings in Coeur d’Alene, Midtown, Post Falls, Hayden and Rathdrum. When you are ready to sell commercial real estate in Coeur d’Alene, ID, we can review your numbers.
Good To Know
Selling In Coeur d’Alene
More about selling in Idaho →Investing in Coeur d’Alene? See apartment syndications in Coeur d’Alene →
- ACS figures are 2020-2024 five-year estimates for Coeur d’Alene city, Kootenai County and Idaho, from Census tables B25003, B25024, B25034, B25064, B25070, B07001 and B08007.
- The $10,820 tax example applies Kootenai County's 2025 average urban rate of 0.541% to $2,000,000. A single parcel's levy can differ from that average.
- HUD fair market rents for the Coeur d'Alene, ID MSA took effect October 1, 2026. They are program benchmarks, not asking rents for one building.
- Employer ranges and Spokane commuting counts come from the Idaho Department of Labor's July 2026 Northern Idaho profile, covering 2025 employers and 2023 commuting.
Seller Guides
Your Situation, Handled — Coeur d’Alene
Learn More
Taxes & Rules For Coeur d’Alene Property
The Idaho rules that shape any deal in Coeur d’Alene: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Coeur d’Alene Seller FAQ
How do I sell commercial property in Coeur d’Alene, ID?
An owner can list with a broker or sell directly to a buyer of 5+ unit buildings. Buyers will compare rents with HUD's FY2027 two-bedroom fair market rent of $1,507. They will check the 6.3% rental vacancy rate and model taxes near Kootenai County's 0.541% average urban rate. Skyline Capital Investments buys 5+ unit apartment buildings across Kootenai County.
What do buyers look at when I sell commercial real estate in Coeur d’Alene, ID?
Buyers start with rent rolls, occupancy and age. Rental vacancy in Coeur d’Alene was 6.3% in ACS 2020-2024, above Kootenai County's 4.9%. The median building dates from 1994, and 4,527 homes sit in 5+ unit buildings. Buyers also weigh how Spokane commuters and Kootenai Health's 4,700 caregivers support tenant demand.
How much are property taxes on an apartment building in Coeur d’Alene?
The Idaho State Tax Commission put Kootenai County's 2025 average urban property tax rate at 0.541%, against 0.680% statewide. On a $2,000,000 assessed value, that average gives $10,820 a year, or $541 per door across 20 units. Idaho Code 63-205 requires assessment at market value as of January 1 each year.
Does Coeur d’Alene have rent control?
No. Idaho Code 55-306 is headed no rent control. It bars a local government from enforcing an ordinance that would regulate rent, fees or deposits on private residential leases. HUD's FY2027 fair market rents for the Coeur d'Alene, ID MSA are program benchmarks, not caps on what an owner may charge.
What happens to tenant security deposits when I sell?
Idaho Code 6-321(3) makes the new owner liable for refunding deposits when a property changes ownership during a tenancy. Refunds are due within 21 days if the lease sets no time, and within 30 days after surrender in any case. Anyone selling commercial property in Coeur d’Alene should hand the buyer an itemized deposit ledger.
Is now a good time to sell multifamily property in Coeur d’Alene?
Timing depends on your building, but demand drivers are steady. Coeur d’Alene's renter share is 40.5%, and 5,351 residents moved in from another state within a year. Median home value of $483,500 sits 15.5% above Idaho's $418,600. With rental vacancy at 6.3%, buyers look closely at each building's occupancy history.
Will you buy a Coeur d’Alene property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Coeur d’Alene apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Is it possible to sell rental property in Coeur d’Alene without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
What do I need to sell my apartment building in Coeur d’Alene?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Get An Offer Review In Coeur d’Alene
Share the basics below and we will follow up directly. Agents and brokers representing Coeur d’Alene sellers are welcome.
