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Under-Construction Duplex

1504&1506 N WILHELM Way, Post Falls, ID 83854

For Sale
New
$818,409

MultiFamily, Multi Level, Post Falls, ID

Property Size3,252 SF
Lot Size0.17 Acres
Price / SF$251.66
Days on Market2

Property Features for 1504&1506 N WILHELM Way

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning RES
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 6, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1
Patio and Porch features Patio, Porch
Basement Crawl Space
Lot features Sprinklers In Front, Open Lot, Landscaped, Level
View Territorial
Elementary school district Post Falls - 273
Middle school district Post Falls - 273
High school district Post Falls - 273
Directions Wildflower Meadows is at McGuire and Midway; Visit Main Model at 1503 N Wilhelm Way
Subdivision 02 - Post Falls
Standard status Active
APN PL8040040020
Size 3,252 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WILDFLOWER MEADOWS, LT 4 BLK 1 3251N05W
Tax Annual Amount 3601
Legal Description WILDFLOWER MEADOWS, LT 4 BLK 1 3251N05W

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Amenities

covered porch
loft
central AC
enclosed backyards
stainless steel appliances
front yard landscaping

Building Details

Year built 2026
Number of units 2
Building materials Fiber Cement, Stone
Roof type Composition
Architectural style Other
Buildings 1
Listing Agency: Coldwell Banker Schneidmiller Realty · Coldwell Banker Real Estate
Listed By: Becky Randles · License ID SP26600
Added: Nov 12 Last Checked: Nov 13 at 11:06PM
MLS# 26-10926

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This under-construction duplex contains 3,252 square feet across two units, with six bedrooms and four bathrooms in total. Each home includes a kitchen island, loft, primary suite, covered porch, enclosed backyard, and stainless steel appliances. Upgrades include central air conditioning, an 8-foot garage door, granite composite kitchen sinks, and hard-surface living room flooring. The property also has natural gas forced-air heat, public water and sewer, and a 0.17-acre lot.

The CCRs allow short-term rentals. The property is in Post Falls, Idaho, and was built in 2026.

Key Highlights

  • Two‑unit duplex with 3,252 square feet, six bedrooms, and four bathrooms
  • 0.17‑acre lot in Post Falls, Idaho
  • CCRs allow short‑term rentals

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,687
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,740 $593.7K
Cap Rate 7%
$424,100 $424.1K
Cap Rate 9%
$329,856 $329.9K
Market Conditions
NOI Build-Up for 3,252 SF
Gross rent
$44.9K $13.80/SF
− Vacancy
−$2.5K −$0.76/SF
EGI
$42.4K $13.04/SF
− OpEx
−$12.7K −$3.91/SF
NOI
$29.7K $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%
$593,740
Cap Rate 7%
$424,100
Cap Rate 9%
$329,856

Alternative Uses

Best Use
Multifamily LT 5
$424.1K
$371.1K – $494.8K (±1% cap)
NOI $29,687 @ 7.0% cap · market cap 3.63%
Second Best
Apartment 5plus
$392.4K
$343.4K – $457.8K (±1% cap)
NOI $27,469 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$705.4K
$617.3K – $823.0K (±1% cap)
NOI $49,381 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

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

Market

Average Price Trend$/SF for Duplexes in Kootenai County, ID

$296 Jul
$298 Aug
$288 Sep
$282 Oct

Properties on Market for Duplexes in Kootenai County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer flexibility for owner occupancy and rental use, with CCRs allowing short-term rentals.
Where is this duplex located?
The property is located at 1504&1506 N WILHELM Way Post Falls, ID.
What is the asking price?
The asking price for this property is $818,409.
What are key features of this property?
This property features: Two‑unit duplex with 3,252 square feet, six bedrooms, and four bathrooms; 0.17‑acre lot in Post Falls, Idaho; CCRs allow short‑term rentals
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