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    216 W 23Rd Ave Post Falls, ID 83854

    Pending
    For Sale
    $745,000

    MULTI_FAMILY - Post Falls, ID

    Property size:
    2,980 SF
    Lot size:
    0.28 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 7 at 2:06 pm

    Property Features for 216 W 23Rd Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R3 HD MULTI
    Rooms
    Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 3, Bedroom 8, Bathroom 6, Bathroom 5, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 7, Bathroom 2
    Bedrooms
    8
    APN
    P3300002005A
    Patio and Porch features
    Patio
    Interior features
    Cable Internet Available, High Speed Internet, Main Floor Utilities
    Fencing
    Fenced
    Basement
    Crawl Space
    Size
    2,980 SF
    Lot size
    0.28 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1993
    Number of units
    3
    Building materials
    T1-11, Lap Siding, Frame
    Roof type
    Composition

    Windermere/Coeur d'Alene Realty Inc (208) 664-9221 [email protected]

    Listing agent Sam Inman (208) 762-4888 License #AB-31003

    Listing date Nov 19, 2025

    MLS# 25-10468 Listing URL

    Copyright © 2025 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Post Falls Triplex Investment Opportunity

    This 2,980 sq. ft. triplex in Post Falls presents an excellent investment opportunity. The property features two 3-bedroom, 2-bath units and one 2-bedroom, 2-bath unit, each designed with an open floor plan and a large master bedroom suite. Each unit includes a private fenced backyard and a 1-car garage. Unit C was completely remodeled in 2025, featuring a brand-new kitchen with new cabinets, countertops, and stainless steel appliances, along with fresh interior paint and new flooring including luxury vinyl plank flooring. A new water heater was also installed in Unit C. Unit B has an updated water heater from 2017, and newer paint and flooring from 2021. Unit A features updated linoleum and paint from 2020, and a new water heater from 2015. Situated on a .28-acre lot, the property is conveniently located close to schools, shopping, and parks. Two units are currently leased, while the remodeled unit is vacant, making it suitable for a new tenant or owner occupancy. The property is zoned R3 HD MULTI.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Post Falls
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.950767
    Latitude
    47.730343

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    FAQs

    What type of property is this?
    Triplex - Turn-key triplex with remodeled unit, ideal for investors.
    Where is this triplex located?
    The property is located at 216 W 23Rd Ave Post Falls, ID.
    What is the asking price?
    The asking price for this property is $745,000.
    What are key features of this property?
    This property features: - Turn-key tri-plex investment property with income potential.; - One unit completely remodeled in 2025 with new kitchen, flooring, and paint; vacant and ready for tenant or owner occupancy.; - Two spacious 3-bedroom, 2-bath units and one 2-bedroom, 2-bath unit, each with open floor plan, large master suite, private fenced backyard, and 1-car garage.
    (208) 762-4888
    Request Owner's contact information
    216 W 23Rd Ave Post Falls, ID 83854
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    Post Falls, ID 83854
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    216 W 23Rd Ave Post Falls, ID 83854
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