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    New Duplex in Growing Community Title is generated by Realmo AI

    34 E Jefferson Ave, Priest River, ID 83856

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    For Sale
    $659,000

    MULTI_FAMILY - Priest River, ID

    Property size:
    2,900 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $227/SF
    Added:
    Apr 27, 2026
    Days on Market:
    25
    Last Refresh:
    May 21 at 8:06 pm

    Property Features for 34 E Jefferson Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    Mixed use Res
    Bedrooms
    6
    Rooms
    Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 6, Bedroom 1, Bathroom 1
    Interior features
    Mini-Split A/C
    Fencing
    Fenced
    Basement
    Crawl Space
    Standard status
    Active
    APN
    RPR0364012007SA
    Size
    2,900 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    24-56N-5W Priest River Blk 12, W2 Tax 7
    Tax Annual Amount
    848

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    2026
    Number of units
    2
    Building materials
    Fiber Cement, Frame
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Mindy Williamson

    Listing agent Mindy Williamson License #SP52541

    Listing office Keller Williams Realty Coeur d'Alene 3931 N Schreiber Way, Coeur d 039 Alene, ID

    Listing date Apr 27, 2026

    MLS# 26-4061 Listing URL

    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.

    HighLights

    • Brand‑new duplex (completion May 2026) offering modern, low‑maintenance construction.
    • Each unit features 1,450 sq ft with a smart two‑story layout, 3 bedrooms, and 1.5 bathrooms.
    • Enjoy the open kitchen and living area with attached garage and fully fenced backyard.
    • Upstairs laundry room conveniently located near all three bedrooms.
    • Located in Priest River with quick access to schools, shopping, and recreation.
    • Mini‑Split A/C and efficient electric heating.

    Overview

    A new duplex in Priest River, Idaho, is scheduled for completion in May 2026. Each unit will offer 1,450 square feet of living space, featuring 3 bedrooms and 1.5 bathrooms. The two-story layout separates living and sleeping areas, with an open kitchen and living area on the main level. Each unit includes an attached garage and direct access to a fully fenced backyard, providing privacy and space for outdoor activities. Upstairs, the three bedrooms are located near the laundry room. The property is designed with quality finishes and efficient systems. Situated on a 0.19-acre lot, the duplex is located in town, providing convenient access to schools, shopping, and recreational amenities. This property offers strong rental demand and modern comfort in a desirable Priest River location. The total property size is 2,900 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Hair Salon Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Priest River
    County
    Bonner
    State
    Idaho
    Longitude
    -116.915217
    Latitude
    48.182641

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    FAQs

    What type of property is this?
    Duplex - Modern duplex in Priest River, completed in May 2026.
    Where is this duplex located?
    The property is located at 34 E Jefferson Ave Priest River, ID.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: Brand‑new duplex (completion May 2026) offering modern, low‑maintenance construction.; Each unit features 1,450 sq ft with a smart two‑story layout, 3 bedrooms, and 1.5 bathrooms.; Enjoy the open kitchen and living area with attached garage and fully fenced backyard.
    (208) 660-2356
    We can help!
    Listing Contact
    Mindy Williamson
    Real Estate License ID: SP52541
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    34 E Jefferson Ave, Priest River, ID 83856
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