Triplex with Attached
For Sale
$775,000
311 N HANDY St, Post Falls, ID 83854
MultiFamily, Multi Level, Post Falls, ID
Property Size3,168 SF
Lot Size0.18 Acres
Price / SF$244.63
Days on Market565
Property Features for 311 N HANDY St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
9
Full bathrooms
6
Rooms
Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 5, Bedroom 6, Bedroom 8, Bedroom 3, Bedroom 9, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 6, Bedroom 7, Bathroom 4
Patio and Porch features
Porch, Patio
Interior features
Cable Internet Available, High Speed Internet, Main Floor Utilities
Basement
Crawl Space
Subdivision
Riverview Park
Lot features
Sprinklers In Front, Open Lot, Landscaped, Level
View
City, Territorial
Elementary school district
Post Falls - 273
Middle school district
Post Falls - 273
High school district
Post Falls - 273
Directions
From Seltice Way S On Greensferry, R on 3rd St., R on Handy St, Tri-Plex on the left
Standard status
Active
APN
P78000080110
Size
3,168 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
RIVERVIEW PARK ADD, LT 11 BLK 8 02 50N 05W
Tax Annual Amount
5091
Legal Description
RIVERVIEW PARK ADD, LT 11 BLK 8 02 50N 05W
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Other (Heating), Electric (Heating)
Cooling system
Wall Unit(s)
Water source
Public
Amenities
fenced back yard
Building Details
Year built
2004
Number of units
3
Building materials
Vinyl Siding, Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Treaty Rock Realty
(208) 773-1745
Listed By:
Darlene Lynn Berry · License #SP27307
(208) 660-0403
Added: Apr 4, 2025
Changed: Oct 19
Last Checked: Oct 20 at 8:06PM
MLS# 25-3075
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.
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Investment Insights
Based on property information with market context.
This 2004 triplex contains 3,168 square feet within a 0.18-acre parcel and is designated R-3. Each residence includes three bedrooms, two bathrooms, a fenced backyard, sprinkler system, and a one-car attached garage. Units A and B have newer flooring and paint. The property also provides patios and porches, electric heating, wall-unit cooling, cable availability, public water, and public sewer. A composition roof was installed 2 years ago.
The property is located at 311 N Handy St in Post Falls, Idaho, near a park, the Centennial Trail, and river access. Vinyl siding and frame construction complete the exterior profile.
The property is located at 311 N Handy St in Post Falls, Idaho, near a park, the Centennial Trail, and river access. Vinyl siding and frame construction complete the exterior profile.
Key Highlights
- Three‑unit property with 3,168 square feet of building area
- Each unit offers 3 bedrooms, 2 bathrooms, and a 1‑car attached garage
- Private fenced backyard and sprinkler system provided for every residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,920
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,400
$578.4K
Cap Rate 7%
$413,143
$413.1K
Cap Rate 9%
$321,333
$321.3K
Market Conditions
NOI Build-Up for 3,168 SF
Gross rent
$43.7K $13.80/SF
− Vacancy
−$2.4K −$0.76/SF
EGI
$41.3K $13.04/SF
− OpEx
−$12.4K −$3.91/SF
NOI
$28.9K $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 Rate 5%
$578,400
Cap Rate 7%
$413,143
Cap Rate 9%
$321,333
Alternative Uses
Best Use
Multifamily LT 5
$413.1K
$361.5K – $482.0K
NOI $28,920 @ 7.0% cap · market cap 3.73%
Second Best
Apartment 5plus
$382.3K
$334.5K – $446.0K
NOI $26,759 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$687.2K
$601.3K – $801.8K
NOI $48,105 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
3
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units feature private fenced yards, refreshed finishes in two units, and individual attached garages.
Where is this triplex located?
The property is located at 311 N HANDY St Post Falls, ID.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Three‑unit property with 3,168 square feet of building area; Each unit offers 3 bedrooms, 2 bathrooms, and a 1‑car attached garage; Private fenced backyard and sprinkler system provided for every residence
