Duplex with Two Master
For Sale
$620,000
13947 N Lauren Loop, Rathdrum, ID 83858
Two residential units feature private fenced yards, gas fireplaces, central AC, and single-car garages.
Property Size2,833 SF
Price / SF$218.85
Days on Market33
Property Features for 13947 N Lauren Loop
General Information
Standard status
Active
Size
2,833 SF
Total Parking Spaces
2
Property subtype
MultiFamily
Zoning
R-3
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Sprinkler System
Yes
Amenities
gas fireplaces
gas forced air furnaces
Central AC
fenced yards
Building Details
Building Size
2,833 SF
Year Built
1995
Units
2
Listing Agency:
Treaty Rock Realty
(208) 687-3858
Listed By:
Darlene Lynn Berry · License #SP27307
Source:
Purewestrealestate
Added: Jul 29
Changed: Aug 29
Last Checked: Jun 19 at 10:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Treaty Rock Realty
Investment Insights
Based on property information with market context.
This 1995 duplex includes two separate residential units with complementary layouts. One side offers 3 BR and 2 BA, while the other provides 2 BR and 2 BA; both include a master suite. Each unit also has a gas fireplace, gas forced-air furnace, central AC, sprinkler system, fenced yard, and single-car garage.
The property is located in Rathdrum near the edge of Post Falls and is not far from I-90. Parks, lakes, and rivers are a short distance away, adding nearby outdoor destinations to the surrounding setting.
The property is located in Rathdrum near the edge of Post Falls and is not far from I-90. Parks, lakes, and rivers are a short distance away, adding nearby outdoor destinations to the surrounding setting.
Key Highlights
- Two‑unit duplex built in 1995
- One unit has 3 BR, 2 BA, and a master suite
- Second unit has 2 BR, 2 BA, and a master suite
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,862
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$517,240
$517.2K
Cap Rate 7%
$369,457
$369.5K
Cap Rate 9%
$287,356
$287.4K
Market Conditions
NOI Build-Up for 2,833 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$39.1K $13.80/SF
− Vacancy
−$2.2K −$0.76/SF
EGI
$36.9K $13.04/SF
− OpEx
−$11.1K −$3.91/SF
NOI
$25.9K $9.13/SF
Area
Kootenai County, ID
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$517,240
Cap Rate 7%
$369,457
Cap Rate 9%
$287,356
Alternative Uses
Best Use
Multifamily LT 5
$369.5K
$323.3K – $431.0K
NOI $25,862 @ 7.0% cap · market cap 4.17%
Second Best
Apartment 5plus
$341.8K
$299.1K – $398.8K
NOI $23,929 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$614.6K
$537.7K – $717.0K
NOI $43,019 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 83858, ID
17,113
Population
7,660
Households
2.2
Avg Household Size
41
Median Age
25%
College-Educated
92%
High-School Grad
112.1 sq mi
ZIP Area
153
Density / Sq Mi
$93,006
Median Household Income
$38,717
Median Earnings
$1,244
Median Rent
$452,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature private fenced yards, gas fireplaces, central AC, and single-car garages.
Where is this duplex located?
The property is located at 13947 N Lauren Loop Rathdrum, ID.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1995; One unit has 3 BR, 2 BA, and a master suite; Second unit has 2 BR, 2 BA, and a master suite
