308 Ohio Ave Unit 202 · Kellogg, ID 83837

$289,000

1 bd · 1.0 ba · 9,896 sqft · Condo public records · 36 Days on market

Built 2008

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +5.5/30.0
• Schools +3.4/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Come enjoy your own slice of outdoor paradise! Settle in to this spotless one bedroom condo outfitted with high-end finishes including granite, slate and stainless steel appliances. A private balcony allows you to enjoy spectacular Northern Idaho sunsets, while the monthly HOA allows access to the hot tub, sauna, game room, ski and gear locker and one parking garage spot! You'll feel right at home with in-unit laundry and custom-built bunkbeds adding extra sleeping quarters for guests. Easy access to both ski resorts and I-90 and plenty of storage for all your gear! Stay and play has a whole new meaning here.

Key facts

• Custom kitchen
• Huge pantry
• Ski tuning station

Tags

• NATURAL LIGHT
• CUSTOM KITCHEN
• HUGE PANTRY
• HEATED DRIVEWAY
• SKI BIKE STORAGE
• SKI TUNING STATION

Property features AI

Finance

• Other: Other structures: see remarks
• HOA & community: Monthly association fee; Association covers grounds maintenance, sewer, snow removal, trash, and water

Exterior

• Parking: Paved parking; Attached garage
• Utilities: Public water; Public sewer; Cable TV
• Home design: Condominium; Shared wall (one common wall)
• Construction: Steel siding, concrete, stone, and frame construction; Composition roof; Concrete perimeter foundation; Built as a condominium (830 building area total)
• Exterior features: Open deck; Sloped, landscaped lot; Publicly maintained paved road; View

Interior

• Kitchen: Gas range; Microwave; Dishwasher; Garbage disposal
• Bedrooms: One main-level bedroom
• Flooring: Tile flooring; Carpet flooring
• Bathrooms: One main-level bathroom
• Heating & cooling: Natural gas heating with forced air; Central air conditioning
• Interior features: High-speed internet available; Gas fireplace
• Laundry & utility: Washer; Gas dryer; Washer hookup; Gas dryer hookup

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $289k.

Deal economics

• At list price, monthly cash flow is $-612 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $181k (37.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $138k (52.1% below list).
• Recommended offer: $138k (52.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 63/100 on livability (#162 in ID) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: schools D-, amenities F, commute F.
• Kellogg Joint District (rural): math 28% / reading 53% proficiency, ranked #66 of 92 in ID (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 75 active listings in the ZIP; 36 units permitted in Shoshone County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $31k of equity ($2k loan paydown + $29k appreciation (10.0% local appreciation)).
• Shoshone County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 2, paydown + projected appreciation supports a ~$50k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($280k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 16y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $138,423 (52.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 52% concession, seller financing, or rate buy-down credit?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.48% ✗
• Cap rate: 3.75%
• Cash-on-cash: -9.07%
• DSCR: 0.60
• GRM: 17.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.9%
• Equity multiple: 2.46×
• Total profit: $118,267
• Equity at exit: $260,354

10-year hold

• IRR: 16.7%
• Equity multiple: 5.68×
• Total profit: $378,608
• Equity at exit: $561,463

Cash invested: $80,920 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 91 Strongly Landlord-Friendly
• State Idaho: 91 Strongly Landlord-Friendly · R+18
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempted; minimal tenant protections.

Methodology + full state rankings →

ZIP-level market 83837

• Home prices YoY: 2.0%
• Active inventory: 75
• Price-to-rent: 17.4×

Monthly cashflow live

• Estimated rent: $1,384 medium
• Mortgage (P&I): −$1,516
• Tax from tax record: −$69 /mo · $834/yr
• Insurance: −$120
• HOA: −$0
• Vacancy / Maint / Mgmt: −$291
• Net cashflow: $-612

Break-even live

Break-even rent $2,159

Max offer price $180,906

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $72,250
• Closing costs: $8,670
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $0 · $0/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 33 events

1. 2026-06-19
   days on market $289,000 Active 36 DOM
2. 2026-06-18
   days on market $289,000 Active 35 DOM
3. 2026-06-17
   days on market $289,000 Active 34 DOM
4. 2026-06-16
   days on market $289,000 Active 33 DOM
5. 2026-06-15
   days on market $289,000 Active 32 DOM
6. 2026-06-14
   days on market $289,000 Active 30 DOM
7. 2026-06-13
   days on market $289,000 Active 29 DOM
8. 2026-06-10
   days on market $289,000 Active 27 DOM
9. 2026-06-09
   days on market $289,000 Active 26 DOM
10. 2026-06-08
    days on market $289,000 Active 25 DOM
11. 2026-06-07
    days on market $289,000 Active 24 DOM
12. 2026-06-05
    days on market $289,000 Active 21 DOM
13. 2026-06-03
    days on market $289,000 Active 20 DOM
14. 2026-06-02
    days on market $289,000 Active 19 DOM
15. 2026-06-01
    days on market $289,000 Active 18 DOM
16. 2026-05-31
    days on market $289,000 Active 17 DOM
17. 2026-05-30
    days on market $289,000 Active 16 DOM
18. 2026-05-14
    listed $289,000 Active
19. 2025-04-10
    listed $315,000 Active
20. 2019-05-07
    soldstatus Closed 616-char remark

    Show marketing remark (616 chars)

    Come enjoy your own slice of outdoor paradise! Settle in to this spotless one bedroom condo outfitted with high-end finishes including granite, slate and stainless steel appliances. A private balcony allows you to enjoy spectacular Northern Idaho sunsets, while the monthly HOA allows access to the hot tub, sauna, game room, ski and gear locker and one parking garage spot! You'll feel right at home with in-unit laundry and custom-built bunkbeds adding extra sleeping quarters for guests. Easy access to both ski resorts and I-90 and plenty of storage for all your gear! Stay and play has a whole new meaning here.

21. 2019-05-07
    soldstatus

    Show marketing remark (616 chars)

    Come enjoy your own slice of outdoor paradise! Settle in to this spotless one bedroom condo outfitted with high-end finishes including granite, slate and stainless steel appliances. A private balcony allows you to enjoy spectacular Northern Idaho sunsets, while the monthly HOA allows access to the hot tub, sauna, game room, ski and gear locker and one parking garage spot! You'll feel right at home with in-unit laundry and custom-built bunkbeds adding extra sleeping quarters for guests. Easy access to both ski resorts and I-90 and plenty of storage for all your gear! Stay and play has a whole new meaning here.

22. 2019-04-17
    status Pending 616-char remark

    Show marketing remark (616 chars)

    Come enjoy your own slice of outdoor paradise! Settle in to this spotless one bedroom condo outfitted with high-end finishes including granite, slate and stainless steel appliances. A private balcony allows you to enjoy spectacular Northern Idaho sunsets, while the monthly HOA allows access to the hot tub, sauna, game room, ski and gear locker and one parking garage spot! You'll feel right at home with in-unit laundry and custom-built bunkbeds adding extra sleeping quarters for guests. Easy access to both ski resorts and I-90 and plenty of storage for all your gear! Stay and play has a whole new meaning here.

23. 2019-03-29
    listed $129,000 Active 616-char remark

    Show marketing remark (616 chars)

    Come enjoy your own slice of outdoor paradise! Settle in to this spotless one bedroom condo outfitted with high-end finishes including granite, slate and stainless steel appliances. A private balcony allows you to enjoy spectacular Northern Idaho sunsets, while the monthly HOA allows access to the hot tub, sauna, game room, ski and gear locker and one parking garage spot! You'll feel right at home with in-unit laundry and custom-built bunkbeds adding extra sleeping quarters for guests. Easy access to both ski resorts and I-90 and plenty of storage for all your gear! Stay and play has a whole new meaning here.

24. 2015-04-28
    soldstatus
25. 2015-04-13
    historical
26. 2015-03-16
    listed $69,900
27. 2014-10-16
    historical
28. 2014-10-16
    historical
29. 2014-03-06
    listed $69,900
30. 2014-01-28
    historical
31. 2013-11-04
    listed $89,900
32. 2011-11-23
    listed $89,900
33. 2010-08-18
    listed $211,200

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast ID · Resets to sale price

• Current annual tax: $834 · $69/mo
• Projected year-2 tax: $1,994 · $166/mo
• Expected delta: +$1,160/yr (+$97/mo · 139.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $16,611
• − Mortgage interest: −$16,188
• − Property taxes: −$834
• − Insurance: −$1,445
• − Repairs & maintenance: −$1,329
• − Management: −$1,329
• − Depreciation: −$8,407
• Taxable loss: −$12,921
• Est. tax savings @ 24.0%: +$3,101
• After-tax cash flow: $-4,242/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Kellogg Joint District
• NCES district ID: 1601650
• Math proficiency: 28% ▼ -10.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $38,044
• Composite: 33.67/100
• National rank: #5389
• State rank: #66 of 92 in ID

Livability — Kellogg

• Score: 63/100
• State rank: #162
• US rank: #15420

Category grades

Amenities F Commute F Cost of living A+ Crime B+ Employment F Housing A+ Health & safety F User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kellogg, ID
• Population (ZIP): 3,258

Population outlook (Shoshone County) Hauer SSP2

• Today (2025): 11,864 people
• By 2030: 11,416 · -3.8%
• By 2040: 10,462 · -11.8%
• By 2050: 9,693 · -18.3%
• By 2075: 8,438 · -28.9%
• By 2100: 7,028 · -40.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 5% Hispanic / Latino 3% Black 2% Native American 2%
• Common ancestry: Iranian 4% Lithuanian 4% Portuguese 3%
• Foreign-born: 2% · Canada
• Languages at home: 99% English-only · German/W. Germanic 1%

Political lean MEDSL · Shoshone

• 2024 margin: Solid R (+49.4) · D 24.0% · R 73.4% · Other 2.6%
• 2008→2024 swing: -41.8pp toward R · 2008: -7.6pp · 2024: -49.4pp
• All cycles: 2024: R+49.4 2020: R+41.7 2016: R+37.4 2012: R+8.2 2008: R+7.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 13.41%
• Current HPI: 679.28
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 4.51%
• F500 in state: 6

Industry mix (Fortune 500 HQ in ID)

Industry	F500 HQs	Revenue
▸Retail	1	$79B
▸Technology	1	$25B
▸Food / Agriculture	1	$6B

Price history

+36.8% since first listed

16 events — show timeline

• 2026-05-14 Listed $289,000 CDAMLS
• 2025-04-10 Listed $315,000 CDAMLS
• 2019-05-07 Sold (Public Records) — Public Records
• 2019-05-07 Sold (MLS) — CDAMLS
• 2019-04-17 Pending — CDAMLS
• 2019-03-29 Listed $129,000 CDAMLS
• 2015-04-28 Sold (MLS) — CDAMLS
• 2015-04-13 Delisted — CDAMLS
• 2015-03-16 Listed $69,900 CDAMLS
• 2014-10-16 Delisted — CDAMLS
• 2014-10-16 Delisted — CDAMLS
• 2014-03-06 Listed $69,900 CDAMLS
• 2014-01-28 Delisted — CDAMLS
• 2013-11-04 Listed $89,900 CDAMLS
• 2011-11-23 Listed $89,900 CDAMLS
• 2010-08-18 Listed $211,200 CDAMLS

Property tax history

-7.7%/yr

Latest (2025): $834 · -3.6% YoY. Source: county tax records.