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Newer Duplex with Attached Garages

1797/1799 N Catherine Street Post Falls, ID 83854

1797/1799 N Catherine Street, Post Falls, ID, 83854
$850,000
For Sale
$850,000

Two 3-bedroom, 2-bath units with attached garages and fenced yards, offering flexible ownership or rental income potential.

Property Size3,678 SF
Price / SF$231.10
Days on Market37

Property Features for 1797/1799 N Catherine Street

General Information

Standard status
Active
Size
3,678 SF
Property subtype
MultiFamily

Building Details

Year Built
2025
Listing agency The Experience Northwest
Listed by Kevin Shawn Glenn
Source Purewestrealestate
Added: Jun 17 Updated: Jul 10 at 2:01PM Checked: Jul 23 at 6:28AM

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 The Experience Northwest


Investment Insights

Based on property information with market context.

This newer duplex includes two spacious residential units, each offering three bedrooms and two bathrooms with open-concept living areas. Both sides feature attached garages and quality interior finishes such as solid-surface countertops, stainless steel appliances, abundant cabinetry, and LVP flooring. A fully fenced backyard for each unit provides private outdoor space for tenants or household use.

Located in Post Falls, the property is described as conveniently near schools, shopping, dining, and parks, with easy access to I-90. The combined setup supports straightforward day-to-day living for residents while keeping common needs close by.

For buyers seeking an income-producing asset, the duplex configuration provides two separate units within a newer build, which can be attractive for portfolio additions. For owner-occupants, occupying one side while renting the other may help offset housing costs, with each unit maintaining its own layout, attached garage, and fenced outdoor area. Overall, it presents a practical option for investors or residents looking for a duplex with modern finishes and tenant-ready features.

Key Highlights

  • Newer duplex built in 2025 with two spacious units
  • Each unit features 3 bedrooms and 2 bathrooms
  • Each unit includes an attached garage

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 $50.8k $13.80
− Vacancy −$2.8k −$0.76
EGI $48.0k $13.04
− OpEx −$14.4k −$3.91
NOI $33.6k $9.13
3,678 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$479.6K
$419.7K – $559.6K (±1% cap)
NOI $33,575 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$443.8K
$388.3K – $517.8K (±1% cap)
NOI $31,067 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$797.9K
$698.1K – $930.8K (±1% cap)
NOI $55,850 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency HVAC Service Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Barber Shop Dental Office Computer & Electronic Repair

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

FAQs

What type of property is this?
Duplex - Two 3-bedroom, 2-bath units with attached garages and fenced yards, offering flexible ownership or rental income potential.
Where is this duplex located?
The property is located at 1797/1799 N Catherine Street Post Falls, ID.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Newer duplex built in 2025 with two spacious units; Each unit features 3 bedrooms and 2 bathrooms; Each unit includes an attached garage
Contact an agent
More about this property
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