Back to Search
Newer Duplex with Attached Garages

1797-1799 North Catherine Street Post Falls, ID 83854

1797-1799 North Catherine Street, Post Falls, ID, 83854
$850,000
Pending
For Sale
$850,000
Pending

Newer duplex with two spacious 3-bedroom, 2-bath units, each featuring an attached garage and fenced backyard.

Property Size3,678 SF
Days on Market40

Property Features for 1797-1799 North Catherine Street

General Information

Standard status
Pending
Size
3,678 SF
Property subtype
MultiFamily / Multi Family

Building Details

Year Built
2025
Listing agency The Experience Northwest
Listed by Kevin Shawn Glenn · License #SP48494
Source Compass
Added: Jun 12 Updated: Jul 21 at 3:23PM Checked: Jul 21 at 3:23PM

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 offers two spacious units, each with 3 bedrooms and 2 bathrooms. Both units include attached garages and open-concept living areas with quality finishes such as solid-surface countertops, stainless steel appliances, abundant cabinetry, and LVP flooring. Each unit also provides a fully fenced backyard for private outdoor space.

The property is located in Post Falls near schools, shopping, dining, parks, and provides easy access to I-90.

As a residential income property, the duplex is well suited for investors seeking a newer asset or owner-occupants looking to offset housing costs with rental income.

Key Highlights

  • Newer duplex built in 2025 with two 3‑bedroom, 2‑bath units
  • Each unit includes an attached garage
  • Open‑concept living areas with quality finishes including solid‑surface countertops and stainless steel appliances

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

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 - Newer duplex with two spacious 3-bedroom, 2-bath units, each featuring an attached garage and fenced backyard.
Where is this duplex located?
The property is located at 1797-1799 North 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 3‑bedroom, 2‑bath units; Each unit includes an attached garage; Open‑concept living areas with quality finishes including solid‑surface countertops and stainless steel appliances
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message