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$ 637,000
Est. payment /mo
Active
716 1st AVE W Kalispell, MT 59901
2,400 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $265
MLS Listing ID 30071755
HOA Y/N No
Year Built 1956
Annual Tax Amount $3,047
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Triplex
Property Description
Investment triplex just one block off Main Street in the heart of downtown Kalispell. Located near Flathead County Courthouse and city parks, this multifamily property is ideally positioned for consistent tenant demand and long-term appreciation. Invest in one of Montana's most steadily growing markets with a documented 99% occupancy rate and strong rental history.
The property features a total of three units: two ground-floor 1-bedroom, 1-bath apartments currently renting for $1,295/month each, plus a basement unit with a 3/4 bath renting for $995/month. Tenants enjoy a charming shared yard, adding to the property's rental appeal and retention.
A detached two-car garage provides additional flexibility. Investors will also appreciate the unfinished portion of the basement, presenting opportunity for added value, storage income, or future expansion possibilities.
With a strong 6.65% cap rate, desirable in-town location, and upside potential, this is a compelling opportunity for investors seeking both stable performance and future growth.
The property features a total of three units: two ground-floor 1-bedroom, 1-bath apartments currently renting for $1,295/month each, plus a basement unit with a 3/4 bath renting for $995/month. Tenants enjoy a charming shared yard, adding to the property's rental appeal and retention.
A detached two-car garage provides additional flexibility. Investors will also appreciate the unfinished portion of the basement, presenting opportunity for added value, storage income, or future expansion possibilities.
With a strong 6.65% cap rate, desirable in-town location, and upside potential, this is a compelling opportunity for investors seeking both stable performance and future growth.
Location
State MT
County Flathead
Rooms
Basement Full, Partially Finished
Interior
Interior Features InteriorFeatures
Fireplace No
Laundry Common Area, Washer Hookup, In Basement
Exterior
Garage Spaces 2.0
Garage Yes
Building
Foundation Poured
New Construction No
Others
Senior Community No
Tax ID 07396618110050000
Special Listing Condition Standard
Listed by Berkshire Hathaway HomeServices - Bigfork
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175 Hutton Ranch Rd. Ste 103 PMB 113, Kalispell, MT, 59901, USA
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