$1,335,000
Post Falls, ID 83854
MLS# 25-7566
4992 sqft
1 / 49
Property Description
Well maintained 4-plex in the heart of Post Falls. The unit mix consists of four identical 3 bedroom, 2.5 bathroom townhomes in two separate buildings. This ideal arrangement makes every one of the four townhomes an ''end unit'' with just one shared wall and no one above or below. Features of each unit include a private fenced yard, central HVAC, dual pane windows, a laundry room, and a one car garage plus additional off-street parking. Each unit also has LVP flooring. This complex is LOW maintenance. Located a few blocks from schools, parks and shopping. The property features the modern amenities that high quality tenants expect and is being sold fully occupied with professional management in place. Current gross rents are $7,535/month and the actual expense ratio (management, property tax, insurance, water/sewer/garbage, yard maintenance) is just 27%, yielding an impressive NOI of $5489/month. Perfect for professional or novice investors and owner occupant investors as well!
Details
Maps
Contract Information
Status: Active
Listing Type: Multi Family
Area: 02 - Post Falls
Neighborhood Grid #: 157
Begin Date: 2025-07-21
List Price: $1,335,000
Short Sale: No
REO: No
General Property Description
Realtor.COM Type: Multi-Family
Number of Units: 4
3 BR units: 4
Building Style: Multi Level
Basement: No
Garage Type: Att Ga
Garage Stall: 4+ Car
Total SqFt.: 4992
SqFt. 1: 2496
SqFt. 2: 2496
ESTIMATED SqFt Source: Assessor
SqFt Per: Complex
Year Built: 2006
New Construction: No
Lot Acres: 0.24
Lot Type 1: Duplex/Multi
Legal and Taxes
Legal: See attached exhibit A
AIN/Tax Bill: 123654
Parcel Number: P81000050010
School District: Post Falls - 273
Zoning: R-2
Directions: From I-90 take Spokane St exit. Head north to corner of 17th ans Spokane St. DO NOT DISTURB TENANTS!
Taxes: 7526
Tax Year: 2024
Taxes Reflect 1: No Exemptions
Subdivision: Robert's
Remarks
Public Remarks: Well maintained 4-plex in the heart of Post Falls. The unit mix consists of four identical 3 bedroom, 2.5 bathroom townhomes in two separate buildings. This ideal arrangement makes every one of the four townhomes an ''end unit'' with just one shared wall and no one above or below. Features of each unit include a private fenced yard, central HVAC, dual pane windows, a laundry room, and a one car garage plus additional off-street parking. Each unit also has LVP flooring. This complex is LOW maintenance. Located a few blocks from schools, parks and shopping. The property features the modern amenities that high quality tenants expect and is being sold fully occupied with professional management in place. Current gross rents are $7,535/month and the actual expense ratio (management, property tax, insurance, water/sewer/garbage, yard maintenance) is just 27%, yielding an impressive NOI of $5489/month. Perfect for professional or novice investors and owner occupant investors as well!
Address
Street Number: 101
Street Direction Pfx: W
Street Name: 17th
Street Suffix: Ave
State/Province: ID
Postal Code: 83854
County: Kootenai
Property Subject To
CC&Rs: No
Homeowners Assoc: No
LID: No
Non-Mtg Lien: No
Flood Zone: Unknown
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Miscellaneous
Sec: 35
Twn: 51N
Rng: 05
Rng Dir: WBM
Property Features
Paid By Owner: Cable TV; Electricity; Trash Collection
Paid By Tenant: Gas; Sewer; Water
View: None
Lot Features: Corner Lot; Level; Open Lot
Interior Features: Central Air; Main Floor Utilities
Exterior Features: Patio; Rain Gutters
Fuel: Electric; Natural Gas
Heating: Forced Air
Basement: None-Slab on Grade
Foundation: Concrete
Construction: Frame
Exterior: Vinyl Siding
Roof: Comp Shingle
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: Cash; Conventional
Listing Office: Tomlinson Sotheby's International Realty (Idaho)
Last Updated: August - 19 - 2025
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