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Updated Duplex with Private Garages
New
For Sale
$625,000

1613 E COEUR D ALENE Ave, Post Falls, ID 83854

MultiFamily, Multi Level, Post Falls, ID

Property Size2,412 SF
Lot Size0.24 Acres
Price / SF$259.12
Days on Market1

Property Features for 1613 E COEUR D ALENE Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning POST FALLS R-3
Bedrooms 6
Full bathrooms 4
Rooms Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 4
Patio and Porch features Patio, Porch
Interior features High Speed Internet, Main Floor Utilities
Basement Crawl Space
Subdivision Riverview Park
Lot features Open Lot, Level, Southern Exposure
View Territorial, City
Elementary school district Post Falls - 273
Middle school district Post Falls - 273
High school district Post Falls - 273
Directions From Seltice in Post Falls, S on Greensferry, W on Coeur d'Alene Ave
Standard status Active
APN P7800010016A
Size 2,412 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description RIVERVIEW PARK ADD, LT 16 BLK 10 & TAX #20080
Tax Annual Amount 3626
Legal Description RIVERVIEW PARK ADD, LT 16 BLK 10 & TAX #20080

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Wall Furnace
Cooling system Wall Unit(s)
Water source Public

Amenities

fully fenced backyard

Building Details

Year built 2004
Number of units 2
Building materials Vinyl Siding, Frame
Roof type Composition
Architectural style Other
Listing Agency: Coldwell Banker Schneidmiller Realty · Coldwell Banker Real Estate
Listed By: Adriana Pickard · License #SP51946
Added: Sep 11 Last Checked: Sep 11 at 10:06PM
MLS# 26-9316

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.

This duplex contains 2,412 square feet across two residential units, each arranged with 3 bedrooms, 2 bathrooms, a private garage, and a fully fenced backyard. Fresh interior paint and new carpet provide refreshed finishes throughout. The property was built in 2004 and features vinyl siding, frame construction, composition roofing, electric heating with wall furnaces, and wall-unit cooling. Patios and porches add outdoor areas for each side.

Located at 1613 E COEUR D ALENE Ave in Post Falls, the property is served by public water and public sewer, with cable available and high-speed internet listed among the interior features. Its R-3 zoning designation and proximity to shopping, dining, schools, and everyday amenities support its duplex configuration. Main-floor utilities are also included.

Key Highlights

  • 2,412‑square‑foot duplex with two 3‑bedroom, 2‑bathroom units
  • Each unit includes a private garage and fully fenced backyard
  • Fresh interior paint and new carpet

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
$22,018
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
3.52%
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%
$440,360 $440.4K
Cap Rate 7%
$314,543 $314.5K
Cap Rate 9%
$244,644 $244.6K
Market Conditions
NOI Build-Up for 2,412 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
$33.3K $13.80/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$31.5K $13.04/SF
− OpEx
−$9.4K −$3.91/SF
NOI
$22.0K $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%
$440,360
Cap Rate 7%
$314,543
Cap Rate 9%
$244,644

Alternative Uses

Best Use
Multifamily LT 5
$314.5K
$275.2K – $367.0K (±1% cap)
NOI $22,018 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$291.0K
$254.7K – $339.6K (±1% cap)
NOI $20,373 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$523.2K
$457.8K – $610.4K (±1% cap)
NOI $36,626 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Bakery (Bike/Boat/Book/etc) Store Butcher Florist Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

862
Businesses Nearby

Demographics for 83854, ID

49,040
Population
20,440
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
92%
High-School Grad
77.6 sq mi
ZIP Area
632
Density / Sq Mi
$72,820
Median Household Income
$41,223
Median Earnings
$1,311
Median Rent
$433,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer fenced outdoor space, refreshed interiors, and convenient access to local shopping, dining, and schools.
Where is this duplex located?
The property is located at 1613 E COEUR D ALENE Ave Post Falls, ID.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,412‑square‑foot duplex with two 3‑bedroom, 2‑bathroom units; Each unit includes a private garage and fully fenced backyard; Fresh interior paint and new carpet
More about this property
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