New Duplex with Attached
1801/1803 N Catherine ST Post Falls, ID 83854
New
For Sale
$850,000
Pending
Two spacious duplex units with attached garages, open-concept living, fenced backyards, and modern interior finishes.
Property Size3,678 SF
Days on Market6
Property Features for 1801/1803 N Catherine ST
General Information
Standard status
Pending
Size
3,678 SF
Property subtype
Multi Family Home
Building Details
Year Built
2025
Listing Agency:
The Experience Northwest
(208) 966-8403
Listed By:
Kevin Shawn Glenn · License #SP48494
Source:
Clearwaterproperties
Added: Jul 25
Changed: Jul 26
Last Checked: Jul 29 at 9:00AM
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 residential units, each offering three bedrooms and two bathrooms. Both sides feature open-concept living areas and attached garages, along with quality finishes such as solid-surface countertops, stainless steel appliances, abundant cabinetry, and LVP flooring. Each unit also benefits from a fully fenced backyard for private outdoor space.
The property is located in Post Falls with convenient proximity to schools, shopping, dining, and parks, plus easy access to I-90.
As an income-oriented asset, the duplex is well suited for investors seeking a newer property and for owner-occupants looking to offset housing costs with rental income.
The property is located in Post Falls with convenient proximity to schools, shopping, dining, and parks, plus easy access to I-90.
As an income-oriented asset, the duplex is well suited for investors seeking a newer property and for owner-occupants looking to offset housing costs with rental income.
Key Highlights
- Newer 2025‑built duplex in Post Falls with two units
- Each unit features 3 bedrooms, 2 bathrooms, and an open‑concept living area
- Attached garages for both units
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
NOI $33,575 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$443.8K
$388.3K – $517.8K
NOI $31,067 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$797.9K
$698.1K – $930.8K
NOI $55,850 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two spacious duplex units with attached garages, open-concept living, fenced backyards, and modern interior finishes.
Where is this duplex located?
The property is located at 1801/1803 N Catherine ST 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 2025‑built duplex in Post Falls with two units; Each unit features 3 bedrooms, 2 bathrooms, and an open‑concept living area; Attached garages for both units
