Falls Park Duplex
1526/1528 N WILHELM Way Post Falls, ID 83854
New
1526/1528 N WILHELM Way, Post Falls, ID, 83854
$786,905
For Sale
$786,905
MULTI_FAMILY - Post Falls, ID
Property Size2,962 SF
Lot Size0.17 Acres
Price / SF$265.67
Days on Market2
Property Features for 1526/1528 N WILHELM Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- RES MIXED USE
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 2
- Patio and Porch features
- Porch, Patio
- Basement
- Crawl Space
- Standard status
- Active
- APN
- PL8040020030
- Size
- 2,962 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WILDFLOWER MEADOWS, LT 3 BLK 2
- Tax Annual Amount
- 1010
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Number of units
- 2
- Building materials
- Fiber Cement, Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agency
Coldwell Banker Schneidmiller Realty
(800) 829-2555
Listed by
Becky Randles · License #SP26600
(208) 755-3275
Added: Jul 21 Checked: Jul 22 at 2:06AM
MLS# 26-7513
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
The Falls Park Duplex is a two-unit residential income property offered as a presale. Each unit includes a covered porch, a covered back patio, and an enclosed back yard. The main level features a kitchen island with an eating bar and a half bath. Upgrades noted for this duplex include majority Lam/LVP hard flooring, AC, full-height kitchen backsplash, quartz counters, and a granite composite kitchen sink, along with stainless steel appliances and front landscaping.
The property is zoned RES MIXED USE and is located at 1526/1528 N WILHELM Way in Post Falls, Idaho (Kootenai County). The listing also notes a New Home Warranty and references CCRs that allow for short-term rentals, owner-occupancy with rental of the other unit, or traditional rentals.
This duplex provides a practical setup for multiple rental options within a single property footprint, with covered outdoor spaces and upgraded kitchen and flooring finishes as described in the remarks.
The property is zoned RES MIXED USE and is located at 1526/1528 N WILHELM Way in Post Falls, Idaho (Kootenai County). The listing also notes a New Home Warranty and references CCRs that allow for short-term rentals, owner-occupancy with rental of the other unit, or traditional rentals.
This duplex provides a practical setup for multiple rental options within a single property footprint, with covered outdoor spaces and upgraded kitchen and flooring finishes as described in the remarks.
Key Highlights
- Presale duplex under construction, with an estimated 2026 year built
- Construction materials include fiber cement and frame; roof type is composition
- Utilities: public water and public sewer
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.9k | $13.80 |
| − Vacancy | −$2.2k | −$0.76 |
| EGI | $38.6k | $13.04 |
| − OpEx | −$11.6k | −$3.91 |
| NOI | $27.0k | $9.13 |
2,962 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$386.3K
$338.0K – $450.7K
NOI $27,039 @ 7.0% cap · market cap 3.44%
Second Best
Apartment 5plus
$357.4K
$312.7K – $417.0K
NOI $25,019 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$642.5K
$562.2K – $749.6K
NOI $44,977 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex home with covered porch, covered back patio, and upgraded interior finishes, with an enclosed back yard.
Where is this duplex located?
The property is located at 1526/1528 N WILHELM Way Post Falls, ID.
What is the asking price?
The asking price for this property is $786,905.
What are key features of this property?
This property features: Presale duplex under construction, with an estimated 2026 year built; Construction materials include fiber cement and frame; roof type is composition; Utilities: public water and public sewer
