716 1st AVE W, Kalispell, MT 59901
716 1st AVE W, Kalispell, MT 59901
716 1st AVE W, Kalispell, MT 59901
716 1st AVE W, Kalispell, MT 59901
716 1st AVE W, Kalispell, MT 59901
716 1st AVE W, Kalispell, MT 59901
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$ 599,000
Est. payment | /mo

2,400 SqFt


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$ 599,000
Est. payment | /mo
Save

2,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $249

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

SELLER FINANCING AVAILABLE! 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 and shared laundry in basement, 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.

Owner finance option with $250,000 down at 7% for 5 years with balloon payment.

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

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Special Listing Condition Standard

Listed by Berkshire Hathaway HomeServices - Bigfork

Nearby Locations

Amber Conger

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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716 1st AVE W