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Priest River, ID Multifamily Homes & Duplexes for Sale

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  • /41

    $440,000

    • 3,844 Sq Ft

    110 Cedar St, Priest River, ID 83856

    This freshly updated downtown triplex offers immediate income with one unit already rented month-to-month and two vacant, updated units ready for tenants or owner occupancy. Featuring two spacious units and one small one bedroom unit, this setup maximizes rental potential across a diverse tenant pool. Bonus: on-site storage units offer additional revenue streams, and there's still room to add

    Tyler Wagner Keller Williams Realty - Sandpoint Branch

    110 Cedar St, Priest River, ID 83856
  • /38

    $2,099,000

    • 8,130 Sq Ft

    23,29,39, 45 59 65 Shooting Star Dr, Priest River, ID 83856

    ''OUTSTANDING INVESTMENT OPPORTUNITY'' Six like new town homes/duplexes built in 2021 located in a new subdivision in beautiful Priest River. It's the perfect property for multi family housing. Project is being offered as a six-unit package at over a 5% cap rate.

    Rob Elder CENTURY 21 Beutler & Associates

    23,29,39, 45 59 65 Shooting Star Dr, Priest River, ID 83856

Why Live in Priest River

Priest River, Idaho, is a waterfront community founded in 1889, known for its quiet atmosphere and outdoor recreation. The confluence of the Priest and Pend Oreille rivers makes boating a popular activity, with Priest Lake located 40 miles north. Local shops and restaurants are scattered throughout the historic downtown, which is listed on the National Register of Historic Places. Bonner Park West offers a public swimming beach and boat launch, while City Park provides a playground and picnic areas. The Ranch Club features a 9-hole golf course, and Schweitzer Ski Resort, 31 miles northeast, offers skiing, snow tubing, and mountain biking. Residential streets are lined with ponderosa pines and sugar maples, featuring a mix of historic cottages, bungalows, ranch-style homes, and new builds. The community has a lower crime risk compared to the national average. Dining options include Timber Town Beer Company and Mi Pueblo Authentic Mexican Restaurant, with additional shopping available in Coeur d'Alene, 40 miles south. Annual events like Priest River Timber Days and Oktoberfest bring residents together for celebrations. U.S. Route 2 connects Priest River to nearby towns such as Newport, 7 miles west, and Sandpoint, 22 miles northeast.

Home Trends in Priest River, ID

Housing Trends

Median Sale Price
$419,000
Median Single Family Sale Price
$502,500
Median Townhouse Sale Price
$270,000
Median 2 Bedroom Sale Price
$813,000
Average Price Per Sq Ft
$432
Number of Homes for Sale
72
Last 12 months Home Sales
160
Months of Supply
5.40
Median List Price
$575,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-5%
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