1800,1802, 1804, 1806, 1808, 1810 SPOKANE ST, Post Falls, ID 83854 (MLS# 25-1778)

1800,1802, 1804, 1806, 1808, 1810 SPOKANE ST, Post Falls, ID 83854

$3,999,000
Property Type: MultiFamily Square Footage: 21,918 Lot Size (sq. ft.): 49,658 Status: Closed
Current Price: $3,999,000 List Date: 5/30/2025 Last Modified: 9/09/2025

Overview

Description

A rare opportunity awaits in the heart of Post Falls, Idaho, with this 22-unit condo development. Currently operated and managed as fully rented apartments, the property features four spacious 3-bedroom, 1-bath units and eighteen 2-bedroom, 1-bath units. All units can be sold individually per city guidelines, offering incredible flexibility for investors or developers. Recent updates include new roofs installed last year, and the buildings and grounds are impeccably maintained. Located on Spokane Street, residents enjoy easy access to waterfront parks, schools, restaurants, and quick connections to Interstate 90. Just 15 minutes from Coeur d'Alene and 30 minutes to downtown Spokane, this property is perfectly positioned for convenience and growth. Financials and proforma are available upon request. Opportunities like this don't come along often! Act now. Please do not disturb tenants. See document tab for all rent roles and county information. Financials available upon request.

Listing Details MLS# 25-1778

Contract Information

Listing Type
Multi Family
Area
02 - Post Falls
Sold Date
2025-09-09
Neighborhood Grid #
158
Begin Date
2025-03-03
Under Contract Date
2025-07-08
Short Sale
No
REO
No
Financing
Cash

General Property Description

Realtor.COM Type
Multi-Family
Number of Units
22
2 BR units
18
3 BR units
4
Building Style
Multi Level
Basement
No
Garage Type
Attch
Garage Stall
1 Car
Total SqFt.
21918
ESTIMATED SqFt Source
Assessor
SqFt Per
Complex
Year Built
1992
New Construction
No
Lot Acres
1.14
Lot Type 1
Commercial

Legal and Taxes

Legal
ASPEN CONDOS, UNIT A & UNDIV INT IN COMMON AREA & TAX#26118 3451N05W, UNIT B **SEE DOCUMENTS EXHIBIT A FOR ENTIRE LEGAL
AIN/Tax Bill
SEE EXHIBIT A IN DOC
Parcel Number
PJ41600000AA, SEE DOCS FOR EXHIBIT A FOR REST
School District
Post Falls - 273
Zoning
R-3 HIGH DENS
Directions
From I-90 take exit 5. Turn left onto N Spokane Street. Follow to property.
Taxes
23819.54
Tax Year
2023
Taxes Reflect 1
No Exemptions
Subdivision
N/A

Remarks

Public Remarks
A rare opportunity awaits in the heart of Post Falls, Idaho, with this 22-unit condo development. Currently operated and managed as fully rented apartments, the property features four spacious 3-bedroom, 1-bath units and eighteen 2-bedroom, 1-bath units. All units can be sold individually per city guidelines, offering incredible flexibility for investors or developers. Recent updates include new roofs installed last year, and the buildings and grounds are impeccably maintained. Located on Spokane Street, residents enjoy easy access to waterfront parks, schools, restaurants, and quick connections to Interstate 90. Just 15 minutes from Coeur d'Alene and 30 minutes to downtown Spokane, this property is perfectly positioned for convenience and growth. Financials and proforma are available upon request. Opportunities like this don't come along often! Act now. Please do not disturb tenants. See document tab for all rent roles and county information. Financials available upon request.

Address

Street Number
1800,1802,
Street Name
1804, 1806, 1808, 1810 SPOKANE
Street Suffix
ST
State/Province
ID
Postal Code
83854
County
Kootenai

Property Subject To

CC&Rs
Yes
Homeowners Assoc
No
LID
No
Non-Mtg Lien
No
Flood Zone
Unknown
Aircraft Flight Zone
Unknown
Fire Protection Dist
Yes
Fire Protection Name
Kootenai Fire & Resc

More Information

Paid By Owner

Sewer
Yes
Trash Collection
Yes
Water
Yes

View

Territorial
Yes

Paid By Tenant

Cable TV
Yes
Electricity
Yes

Lot Features

Landscaped
Yes
Level
Yes
Open Lot
Yes

Interior Features

Cable Internet Available
Yes
Cable TV
Yes
Handicap Facility
Yes
Wall Unit(s)
Yes

Exterior Features

Covered Patio
Yes
Curbs
Yes
Handicap Access
Yes
Sidewalks
Yes

Terms Considered

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Road

Paved
Yes
Public Maintained Road
Yes

Showing Instructions

Call List Agent
Yes

Water

City
Yes

Sewer

Public Sewer
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes

Basement

None-Slab on Grade
Yes

Foundation

Concrete
Yes

Construction

Frame
Yes

Exterior

Lap Siding
Yes

Roof

Comp Shingle
Yes

Property Features

Paid By Owner: Sewer; Trash Collection; Water Paid By Tenant: Cable TV; Electricity View: Territorial Lot Features: Landscaped; Level; Open Lot Interior Features: Cable Internet Available; Cable TV; Handicap Facility; Wall Unit(s) Exterior Features: Covered Patio; Curbs; Handicap Access; Sidewalks Fuel: Electric Heating: Baseboard Basement: None-Slab on Grade Foundation: Concrete Construction: Frame Exterior: Lap Siding Roof: Comp Shingle Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: 1031 Exchange; Cash; Conventional Showing Instructions: Call List Agent

Documents

Listing Office: CENTURY 21 Beutler & Associates
Last Updated: September - 09 - 2025
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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