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716 1st Avenue W, Kalispell, MT 59901

Kalispell
Local realty services provided by:CENTURY 21 Peak Properties
716 1st Avenue W,Kalispell, MT 59901
$637,000
  • - Beds
  • - Baths
  • 2,400 sq. ft.
  • Multi-family
  • Active
Listed by: julia quigley
Office: berkshire hathaway homeservices - bigfork
MLS#:30071755
Source:MT_NMAR

Price summary

  • Price:$637,000
  • Price per sq. ft.:$265.42

About this home

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...

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Home facts

  • Year built:1956
  • Listing ID #:30071755
  • Added:1 day(s) ago
  • Updated:May 28, 2026 at 02:21 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full, Partially Finished
  • Living area:2,400 sq. ft.

Structure and exterior

  • Year built:1956
  • Building area:2,400 sq. ft.
  • Lot area:0.12 Acres
  • Foundation Description:Poured

Finances and disclosures

  • Price:$637,000
  • Price per sq. ft.:$265.42
  • Tax amount:$3,047 (2025)

Parking

  • Garage:Yes
  • Garage spaces:2
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