Two-Unit Duplex with Attached
For Sale
$649,000
816 N Terran Ct, Post Falls, ID 83854
Both residences include two bedrooms, two bathrooms, and an attached garage, with recent updates to key building systems.
Property Size2,160 SF
Price / SF$300.46
Days on Market20
Property Features for 816 N Terran Ct
General Information
Standard status
Active
Size
2,160 SF
Property subtype
Multi Family Home
Zoning
Res
Units
Multifamily Units
2
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$2,887
Amenities
irrigation
fenced backyard
Central Air
Cable TV
Cable Internet Available
Open Deck
Rain Gutters
Building Details
Building Size
2,160 SF
Year Built
1994
Buildings
1
Units
2
Listing Agency:
Windermere/Coeur d'Alene Realty Inc - PF
(208) 777-9900
Listed By:
Errin Ford · License #SP41733
(208) 659-2341
Source:
Ridgeriverrealty
Added: Oct 7
Changed: Oct 26
Last Checked: Oct 26 at 3:56AM
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 Windermere/Coeur d'Alene Realty Inc - PF
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Investment Insights
Based on property information with market context.
Built in 1994, this residential duplex contains two 1,080-square-foot units. Each residence has two bedrooms, two bathrooms, and an attached one-car garage. The property is zoned Res.
Improvements include a roof replaced in 2019, appliances in both units installed in 2020, and air conditioning updated in 2023. Siding and exterior paint were addressed in 2024. Unit A received a water heater in 2022 and a furnace in 2026. Irrigation serves the front and rear, and the backyard is fenced.
Improvements include a roof replaced in 2019, appliances in both units installed in 2020, and air conditioning updated in 2023. Siding and exterior paint were addressed in 2024. Unit A received a water heater in 2022 and a furnace in 2026. Irrigation serves the front and rear, and the backyard is fenced.
Key Highlights
- Two 1,080‑square‑foot units, each with 2 bedrooms and 2 bathrooms
- Attached 1‑car garage for each unit
- Built in 1994; zoned Res
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,718
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,360
$394.4K
Cap Rate 7%
$281,686
$281.7K
Cap Rate 9%
$219,089
$219.1K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$29.8K $13.80/SF
− Vacancy
−$1.6K −$0.76/SF
EGI
$28.2K $13.04/SF
− OpEx
−$8.5K −$3.91/SF
NOI
$19.7K $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%
$394,360
Cap Rate 7%
$281,686
Cap Rate 9%
$219,089
Alternative Uses
Best Use
Multifamily LT 5
$281.7K
$246.5K – $328.6K
NOI $19,718 @ 7.0% cap · market cap 3.04%
Second Best
Apartment 5plus
$260.6K
$228.1K – $304.1K
NOI $18,245 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$468.6K
$410.0K – $546.7K
NOI $32,799 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
945
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include two bedrooms, two bathrooms, and an attached garage, with recent updates to key building systems.
Where is this duplex located?
The property is located at 816 N Terran Ct Post Falls, ID.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two 1,080‑square‑foot units, each with 2 bedrooms and 2 bathrooms; Attached 1‑car garage for each unit; Built in 1994; zoned Res
