16701674 1678, 1682 Onyx Court
Sandpoint, ID 83864
4599 sqft | 0.23 acres | #25-5283
Description
Investor opportunity in Sandpoint: four newly constructed, individually parceled fee-simple townhomes available as a full investment package. Listed at $1.8M, this rare offering delivers strong projected rents between $2,300 and $2,500 per unit, with a potential gross annual income of $112,800 and an estimated cap rate of approximately 5.8%. Each home features high-end finishes, energy-efficient mini-split ductless heating and cooling, modern kitchens with premium appliances, private fenced yards with patios, and attached one-car garages. Interiors are thoughtfully designed with functional layouts and include washer and dryer sets in every unit. Two of the homes are 3 bed, 2.5 bath units approximately 1,200 sq ft, one is a 3 bed, 2 bath 1,165 sq ft home with a main-floor primary suite and large laundry room, and one is a 2 bed, 2.5 bath, 1,034 sq ft home featuring dual master suites upstairs. These townhomes are located in a quiet cul-de-sac just minutes from downtown Sandpoint, local shops, restaurants, schools, and the scenic Sand Creek Bike Path. Schweitzer Mountain Resort is a short drive away, adding year-round recreational appeal for tenants. All four homes are fee-simple, allowing long-term flexibility with potential for individual resale, 1031 exchange, or traditional hold. Each unit is separately metered and move-in ready, offering a fully turn-key investment in one of North Idaho's fastest-growing and most desirable markets. Don't miss your chance to acquire four modern, low-maintenance, income-producing properties in a prime Sandpoint location with long-term upside!
Property Details
- Exterior MaterialsOpen Patio, Rain Gutters, Fencing - Full
- Lot DescriptionLevel, Southern Exposure, Cul-De-Sac
- InteriorHigh Speed Internet, Mini-Split A/C
- FoundationConcrete Perimeter, Slab
- School DistrictLk Pend Oreille - 84
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Original List Price$1,800,000
- StyleSgl Level
- Property SubtypeApartment
- MLS #25-5283
- Cost1800000
- MLS #25-5283
- Utility SourcePublic
- CountyBonner
- Acres0.23
- Square Feet4599
- Year Built2025
- SubdivisionN/A
Location
Legal
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Last Updated: . Source: CDMLS
Listing Courtesy
Listing Agent: Abby Helander (#10866)
Listing Office: Professional Realty Services Idaho (#PRS)
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