Duplex with Attached
New
For Sale
$649,000
816 N Terran Ct, Post Falls, ID 83854
MultiFamily, Sgl Level, Post Falls, ID
Property Size2,160 SF
Lot Size0.21 Acres
Price / SF$300.46
Days on Market4
Property Features for 816 N Terran Ct
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Res
Bedrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2
Parking features
Open
Patio and Porch features
Deck
Interior features
Cable Internet Available
Exterior features
Open Deck, Rain Gutters
Fencing
Fenced
Subdivision
Mullan Meadows
Lot features
Sprinklers In Rear, Sprinklers In Front, Open Lot, Level, Cul-De-Sac
View
Territorial
Elementary school district
Post Falls - 273
Middle school district
Post Falls - 273
High school district
Post Falls - 273
Directions
N. on Idaho Rd., E. on Mullan Ave., N. on Terran Ct. Property on the right-hand side.
Standard status
Active
APN
P57500000150
Size
2,160 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Mullan Meadows, Lt 15 3551N05w
Tax Annual Amount
2887
Legal Description
Mullan Meadows, Lt 15 3551N05w
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
irrigation
fenced backyard
air conditioning
Building Details
Year built
1994
Number of units
2
Building materials
Lap Siding, Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Windermere/Coeur d'Alene Realty Inc - PF · Windermere Real Estate
(208) 777-9900
Listed By:
Errin Ford · License #SP41733
(208) 659-2341
Added: Oct 7
Last Checked: Oct 10 at 9:06AM
MLS# 26-10028
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.
Built in 1994, this two-unit property contains 2,160 square feet across two 1,080-square-foot residences. Each unit has two bedrooms, two bathrooms, an attached one-car garage, and central air conditioning. The property also features a fenced backyard, front and rear irrigation, and an open deck.
Updates include a roof installed in 2019, appliances in both units in 2020, a water heater and furnace in Unit A in 2022 and 2026, respectively, and siding and exterior paint completed in 2024. The property has Res zoning, public water, and public sewer.
Updates include a roof installed in 2019, appliances in both units in 2020, a water heater and furnace in Unit A in 2022 and 2026, respectively, and siding and exterior paint completed in 2024. The property has Res zoning, public water, and public sewer.
Key Highlights
- Two 1,080‑square‑foot units; 2,160 square feet total
- Each unit has 2 bedrooms, 2 bathrooms, and an attached 1‑car garage
- Built in 1994
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.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
945
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
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, two bathrooms, and central air conditioning.
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; 2,160 square feet total; Each unit has 2 bedrooms, 2 bathrooms, and an attached 1‑car garage; Built in 1994
