$1,499,000
SOLD MAR 5, 2025
Last list price

203 9th Ave W Polson, MT 59860

-- Bed
-- Bath
6,400 Sq Ft
0.32 Acres

Recently Sold

$234 Per Sq Ft

8 Days on Market

About This Home

As of March 2025

Outstanding Investment Opportunity! Nearly new. Clean modern/contemporary style apartment units. Built in 2022. 8 units total (4 duplexes on two parcels). Each duplex building contains 2 units. Each lot/parcel has two buildings with 4 units total per parcel. Good rental history. Full occupancy. Each unit is 2 bedrooms, 1 bathroom, laundry room, kitchen, living room, closets, storage, and patio or balcony. Stainless steel appliances and low maintenance attractive flooring. Efficient Property Management Company in place. Very attractive CAP Rate! This is a rare opportunity to own an investment property in this well sought after location. Nestled in the town of Polson, Montana. Fantastic Location! Minutes from Flathead Lake. Within a few blocks of shops, restaurants, and schools. This is the perfect, low maintenance multi-family units for your investment portfolio.

Last Agent to Sell the Property

Shelly Ragland

PureWest Real Estate - Lakeside License #RRE-RBS-LIC-44771 Listed on: 01/30/2025

Last Buyer's Agent

Mark Twite

Twite Realty Corp License #RRE-BRO-LIC-11357

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,811

Year Built

  • Built in 2022

Home Design

  • 6,400 Sq Ft Home
  • Modern Architecture
  • Poured Concrete
  • Wood Frame Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Additional Features

  • Washer Hookup
  • 0.32 Acre Lot

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 15322809218050000

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,811

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 2022
  • Directions: Heading south on Hwy 93S, turn right onto 1st W, turn right onto 7th Ave W, turn left at the 1st cross street which is 2nd Street W, turn right onto the street right onto 9th Ave W. Complex is on the second lot on the left.
  • Listing I D: 30039544
  • Horses: No
  • Lot Size Acres: 0.321
  • Architectural Style: Modern
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Construction Type: Wood Frame
  • Foundation Details: Poured

Utilities

  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 13983.0
  • Parcel #: 15322809218050000
  • Zoning Description: 3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11811.1

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Mar 5, 2025
Sold by
128 Evergreen Llc
Bought by
Bidlake Betty D and Bidlake Steven V
Seller's Agent
Shelly Ragland
PureWest Real Estate - Lakeside
Buyer's Agent
Mark Twite
Twite Realty Corp
List Price
$1,499,000
Views
4
Current Estimated Value
$1,407,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%

Purchase Details

Closed on
Mar 6, 2022
Sold by
Arch Development Llc
Bought by
128 Evergreen Llc

Purchase Details

Closed on
Dec 16, 2021
Sold by
Johnson Reynolds Cheryl Ann
Bought by
Arch Development Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Quit Claim Deed -- None Listed On Document
Warranty Deed -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $202,281 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Off Market $1,400 -- --
03/05/2025 03/05/25 Sold -- -- --
02/15/2025 02/15/25 For Rent $1,400 0.0% --
01/30/2025 01/30/25 For Sale $1,499,000 -- $234 / Sq Ft
Source: Montana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,811 $1,039,100 $0 $0
2023 $11,007 $1,039,100 $0 $0
2022 $842 $74,410 $0 $0
2021 $896 $78,310 $0 $0
2020 $1,033 $88,700 $0 $0
2019 $1,036 $88,700 $0 $0
2018 $1,112 $97,600 $0 $0
2017 $913 $97,600 $0 $0
2016 $837 $73,100 $0 $0
2015 $810 $73,100 $0 $0
2014 $684 $47,446 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 30039544

Montana Regional MLS

APN: 15-3228-09-2-18-05-0000