Renovated Duplex with
For Sale
$695,000
13747 N Natalie St 1&2, Rathdrum, ID 83858
Updated two-unit property with three-bedroom residences, attached garages, and fenced outdoor areas.
Property Size2,544 SF
Price / SF$273.19
Days on Market110
Property Features for 13747 N Natalie St 1&2
General Information
Standard status
Active
Size
2,544 SF
Property subtype
MultiFamily
Zoning
R3 MULTI FAMILY
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Building Size
2,544 SF
Year Built
1995
Units
2
Listing Agency:
Coldwell Banker Schneidmiller Realty
(208) 819-2962
Listed By:
Deanna Hughes · License #SP46066
Source:
Purewestrealestate
Added: May 15
Changed: Aug 30
Last Checked: Aug 31 at 12:34PM
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 Coldwell Banker Schneidmiller Realty
Investment Insights
Based on property information with market context.
This 2544-square-foot duplex, built in 1995, contains two residential units with three bedrooms and two bathrooms apiece. Each side includes an attached two-car garage and a fenced backyard. Interior improvements include updated paint, flooring, stainless appliances, granite countertops, and refreshed fixtures, along with exterior paint enhancements.
The property is located at 13747 N Natalie St 1&2 in Rathdrum, near schools and shopping. It is designated R3 MULTI FAMILY and has professional management in place, supported by an established rental history.
The property is located at 13747 N Natalie St 1&2 in Rathdrum, near schools and shopping. It is designated R3 MULTI FAMILY and has professional management in place, supported by an established rental history.
Key Highlights
- Two‑unit duplex totaling 2544 SF
- Each unit has 3 bedrooms and 2 bathrooms
- Attached 2‑car garage for each unit
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
$23,223
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
3.34%
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%
$464,460
$464.5K
Cap Rate 7%
$331,757
$331.8K
Cap Rate 9%
$258,033
$258.0K
Market Conditions
NOI Build-Up for 2,544 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
$35.1K $13.80/SF
− Vacancy
−$1.9K −$0.76/SF
EGI
$33.2K $13.04/SF
− OpEx
−$10.0K −$3.91/SF
NOI
$23.2K $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%
$464,460
Cap Rate 7%
$331,757
Cap Rate 9%
$258,033
Alternative Uses
Best Use
Multifamily LT 5
$331.8K
$290.3K – $387.1K
NOI $23,223 @ 7.0% cap · market cap 3.34%
Second Best
Apartment 5plus
$307.0K
$268.6K – $358.1K
NOI $21,488 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$551.9K
$482.9K – $643.8K
NOI $38,630 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
106
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
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Frequently Asked Questions
What type of property is this?
Duplex - Updated two-unit property with three-bedroom residences, attached garages, and fenced outdoor areas.
Where is this duplex located?
The property is located at 13747 N Natalie St 1&2 Rathdrum, ID.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2544 SF; Each unit has 3 bedrooms and 2 bathrooms; Attached 2‑car garage for each unit
