Post Falls Multifamily Investment
3414 E 12TH Ave Post Falls, ID 83854
For Sale
$1,045,000
MULTI_FAMILY - Post Falls, ID
Property Size5,184 SF
Lot Size0.35 Acres
Price / SF$201.58
Days on Market290
Property Features for 3414 E 12TH Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-2
- Bedrooms
- 12
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 10, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 9, Bedroom 5, Bedroom 11, Bathroom 4, Bedroom 12, Bedroom 8, Bathroom 3, Bedroom 6
- Interior features
- Main Floor Utilities
- Exterior features
- Rain Gutters
- Basement
- Crawl Space
- Standard status
- Active
- APN
- P00600010150
- Size
- 5,184 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- ALAN PARK EAST, LT 15 BLK 1 36 51N 05W
- Tax Annual Amount
- 6652
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1999
- Number of units
- 4
- Building materials
- Vinyl Siding, Frame
- Roof type
- Composition
- Architectural style
- Other
Listing Agency:
Coldwell Banker Schneidmiller Realty
(800) 829-2555
Listed By:
Glenn Sather · License #AB17356
(208) 765-4300
Added: Oct 9, 2025
Changed: Jul 24
Last Checked: Jul 25 at 9:06AM
MLS# 25-10191
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.
Investment Insights
Based on property information with market context.
This multifamily property in Post Falls, Idaho, features spacious, high-demand, 3-bedroom townhouse-style units. The property has a long, consistent history of high occupancy and is situated in a solid, close-in location. The property, zoned R-2, includes quadplexes and residential income properties. The lot size is 0.35 acres. The property encompasses 5,184 square feet.
Key Highlights
- 1999‑built apartment homes with composition roof and vinyl siding/frame construction
- Natural gas forced‑air heating and public utilities including public water and public sewer
- Cable available; main floor utilities included
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 | $71.5k | $13.80 |
| − Vacancy | −$3.9k | −$0.76 |
| EGI | $67.6k | $13.04 |
| − OpEx | −$20.3k | −$3.91 |
| NOI | $47.3k | $9.13 |
5,184 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$676.0K
$591.5K – $788.7K
NOI $47,323 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$625.5K
$547.4K – $729.8K
NOI $43,788 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$1.12M
$984.0K – $1.31M
NOI $78,718 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Spacious 3-bedroom townhouse-style units with a history of high occupancy.
Where is this quadplex located?
The property is located at 3414 E 12TH Ave Post Falls, ID.
What is the asking price?
The asking price for this property is $1,045,000.
What are key features of this property?
This property features: 1999‑built apartment homes with composition roof and vinyl siding/frame construction; Natural gas forced‑air heating and public utilities including public water and public sewer; Cable available; main floor utilities included
