Four-Unit Residential
3398 W Lilac Ct, Post Falls, ID 83854
For Sale
$1,449,000
MultiFamily, Multi Level, Post Falls, ID
Property Size5,392 SF
Lot Size0.27 Acres
Price / SF$268.73
Days on Market138
Property Features for 3398 W Lilac Ct
General Information
Property type
Property subtype
Zoning
Bedrooms
Full bathrooms
Rooms
Window features
Patio and Porch features
Interior features
Fencing
Basement
Subdivision
Lot features
View
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Number of units
Building materials
Roof type
Architectural style
Listing Agency:
eXp Realty
(208) 890-7776
Listed By:
Chelsea Carpenter-Hosea · License ID SP47071
(208) 770-0011
Added: Jun 27
Changed: Nov 2
Last Checked: Nov 11 at 4:06AM
MLS# 26-6688
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 four-unit residential property at 3398 W Lilac Ct includes 5,392 square feet on a 0.27-acre lot. Built in 1994, the property contains 14 bedrooms and 6 bathrooms, with two furnished units that have operated as executive short-term rentals for the past three years. The other units are used for long-term rentals.
Construction includes vinyl siding and frame materials, with electric, natural gas, hot water, radiant, and other heating features. The property also offers patios, a porch, fencing, public water, public sewer, and a composition roof. Its Post Falls setting is minutes from I-90, shopping, dining, schools, parks, and the Spokane River.
Construction includes vinyl siding and frame materials, with electric, natural gas, hot water, radiant, and other heating features. The property also offers patios, a porch, fencing, public water, public sewer, and a composition roof. Its Post Falls setting is minutes from I-90, shopping, dining, schools, parks, and the Spokane River.
Key Highlights
- Four‑unit property with 14 bedrooms and 6 bathrooms
- 5,392 square feet on a 0.27‑acre lot
- Two furnished units operated as executive short‑term rentals for the past three years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,222
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$984,440
$984.4K
Cap Rate 7%
$703,171
$703.2K
Cap Rate 9%
$546,911
$546.9K
Market Conditions
NOI Build-Up for 5,392 SF
Gross rent
$74.4K $13.80/SF
− Vacancy
−$4.1K −$0.76/SF
EGI
$70.3K $13.04/SF
− OpEx
−$21.1K −$3.91/SF
NOI
$49.2K $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%
$984,440
Cap Rate 7%
$703,171
Cap Rate 9%
$546,911
Alternative Uses
Best Use
Multifamily LT 5
$703.2K
$615.3K – $820.4K
NOI $49,222 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$650.6K
$569.3K – $759.1K
NOI $45,544 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,876 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
236
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - The property combines two furnished short-term rental units with additional long-term rental units.
Where is this quadplex located?
The property is located at 3398 W Lilac Ct Post Falls, ID.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: Four‑unit property with 14 bedrooms and 6 bathrooms; 5,392 square feet on a 0.27‑acre lot; Two furnished units operated as executive short‑term rentals for the past three years
