- For Sale $4,375,000
- Property Type Multi-Family
- Property Size 16,862 SF
- Units 13
- Lot Size 1.21 Acre
- Building Class C
- Year Built 2003
- Date Updated Jul 3, 2026
Description
SVN Cornerstone is pleased to present Ridgewood Gardens for sale, a 13 unit duplex and single family home community located at 3834 E 3rd Ave in Post Falls, Idaho. The property consists of 8 2bed/2bath units and 5 1bed/1bath units, featuring one level, side by side homes with numerous desirable resident amenities. Ideally located in the heart of Post Falls, Ridgewood Gardens offers convenient access to shopping, dining, healthcare, employment centers, and outdoor recreation, while providing quick connectivity to both Coeur d'Alene and Spokane via I-90. Kootenai County continues to experience strong population growth of about 1.81% annually in 2026, significantly outpacing the national average, making it one of the nation's fastest growing areas.
Highlights
- 0% Vacancy Since 2020 – The property has maintained 100% occupancy since the start of 2020, demonstrating strong tenant demand. Current rents are about 21.7% below market for the 1bed/1bath units and 13.5% below market for 2bed/2bath units, providing significant upside without unit renovations.
- Barrier Free Design – Features one level, side by side homes with no adjoining walls, no stairs or steps, 54" hallways, 36" doorways, and walk-in showers, providing comfortable living for residents.
- Desirable Unit Mix and Layout – The property consists of six duplexes and one single family residence, offering a desirable mix of 8 2bed/2bath units, each with a large garage, and 5 1bed/1bath units, each with two dedicated parking spaces.
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Contacts
Jordan Lester, CCIM, MBA
SVN | Cornerstone
Location
Contact Listing Broker
Jordan Lester, CCIM, MBA
SVN | Cornerstone
