$1,495,000

Estimated payment $8,899/month

Total Views 343
-- Bed
-- Bath
4,992 Sq Ft
$299 Price per Sq Ft

Highlights

  • Corner Lot
  • Patio
  • Forced Air Heating and Cooling System
  • No HOA
  • Open Space

About This Home

Well maintained 4-plex in the heart of Post Falls. The unit mix consists of four identical 3 bedroom, 2.5 bathroom townhomes in two separate buildings. This ideal arrangement makes every one of the four townhomes an ''end unit'' with just one shared wall and no one above or below. Features of each unit include a private fenced yard, central HVAC, dual pane windows, a laundry room, and a one car garage plus additional off-street parking. Each unit also has LVP flooring. This complex is LOW maintenance. Located a few blocks from schools, parks and shopping. The property features the modern amenities that high quality tenants expect and is being sold fully occupied with professional management in place. Current gross rents are $7,535/month and the actual expense ratio (management, property tax, insurance, water/sewer/garbage, yard maintenance) is just 27%, yielding an impressive NOI of $5489/month. Perfect for professional or novice investors and owner occupant investors as well!

Listing Agent

Jennifer Ivey

Tomlinson Sotheby's International Realty (Idaho) License #AB41681 Listed on: 07/21/2025

Tomlinson Sotheby's International Realty (Idaho)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,526

Year Built

  • Built in 2006

Lot Details

  • 10,454 Sq Ft Lot
  • Open Space
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,992 Sq Ft Home
  • Multi-Level Property

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number P81000050010

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Robert's Subdivision

Building Details

  • Gross Income $90,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,526

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: MultiFamily
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Subdivision Name: Robert's
  • Directions: From I-90 take Spokane St exit. Head north to corner of 17th ans Spokane St. DO NOT DISTURB TENANTS!
  • Year Built: 2006
  • General Property Description:Lot Acres2: 0.24
  • General Property Description:Lot Type 1: Duplex/Multi
  • Legal and Taxes:Zoning2: R-2
  • Legal and Taxes:Tax Year2: 2024
  • Property Subject To:Homeowners Assoc2: No
  • Property Subject To:Flood Zone2: Unknown
  • Road Paved: Yes
  • Water:City5: Yes
  • Sewer:City Sewer: Yes
  • General Property Description:Building Style: Multi Level
  • General Property Description:New Construction: No
  • Fuel:Electric: Yes
  • Foundation:Concrete: Yes
  • Exterior:Vinyl: Yes
  • Roof:Comp Shingle: Yes
  • Fuel:Gas: Yes
  • General Property Description:Total SqFt2: 4992.0
  • Special Features: VirtualTour

Interior Features

  • Has Basement: None-Slab on Grade
  • Basement YN: No
  • Interior Amenities: Central Air, Main Floor Utilities
  • Living Area: 4992.0
  • Interior Features:Central Air: Yes
  • Basement:None-Slab on Grade: Yes
  • Interior Features:Main Floor Utilities2: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot
  • View: None
  • Construction Type: Vinyl, Frame
  • Exterior Features: Open Patio, Rain Gutters
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Lot Features:Open: Yes
  • Exterior Features:Open Patio: Yes
  • Exterior Features:Rain Gutters: Yes
  • Construction:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • General Property Description:Garage Type2: Att Ga
  • General Property Description:Garage Stall2: 4+ Car

Utilities

  • Heating: Electric, Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Utilities Paid By Garbage: Landlord

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Post Falls - 273

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Additional Parcels Description: 123654
  • Parcel #: P81000050010
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 7526.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,526 $1,212,960 $168,000 $1,044,960
2023 $7,526 $1,276,800 $168,000 $1,108,800
2022 $8,463 $1,392,300 $168,000 $1,224,300
2021 $7,947 $795,600 $105,000 $690,600
2020 $7,916 $702,000 $85,000 $617,000
2019 $7,101 $567,000 $75,000 $492,000
2018 $7,233 $525,000 $45,000 $480,000
2017 $6,649 $441,600 $42,000 $399,600
2016 $6,710 $422,400 $42,000 $380,400
2015 $6,511 $403,200 $42,000 $361,200
2013 $5,715 $326,400 $34,000 $292,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $1,495,000 +92.9% $299 / Sq Ft
11/20/2020 11/20/20 Sold -- -- --
10/21/2020 10/21/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $775,000 -- $155 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Titleone
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $581,250 New Conventional
Previous Owner $115,000 New Conventional
Previous Owner $55,526 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 25-7566

Coeur d

APN: P81000050010