716 1st Ave W Kalispell, MT 59901
Estimated payment $3,490/month
About This Home
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 7.1% cap rate, desirable in-town location, and upside potential, this is a compelling opportunity for investors seeking both stable performance and future growth. Negotiable owner finance option with $250,000 down at 7% for 5 years with balloon payment.
Listing Agent
Berkshire Hathaway HomeServices - Bigfork License #RRE-RBS-LIC-126846 Listed on: 05/26/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,047
Year Built
- Built in 1956
Parking
- 2 Car Garage
Home Design
- 2,400 Sq Ft Home
- Triplex
- Poured Concrete
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Additional Features
- Washer Hookup
- 5,227 Sq Ft Lot
Community Details
- 3 Units
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 07396618110050000
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,935 | $402,500 | $0 | $0 |
| 2024 | $3,408 | $437,600 | $0 | $0 |
| 2023 | $4,107 | $437,600 | $0 | $0 |
| 2022 | $3,167 | $238,800 | $0 | $0 |
| 2021 | $2,570 | $238,800 | $0 | $0 |
| 2020 | $3,136 | $227,700 | $0 | $0 |
| 2019 | $3,147 | $227,700 | $0 | $0 |
| 2018 | $3,055 | $210,000 | $0 | $0 |
| 2017 | $2,201 | $210,000 | $0 | $0 |
| 2016 | $2,555 | $182,400 | $0 | $0 |
| 2015 | $2,556 | $182,400 | $0 | $0 |
| 2014 | $2,462 | $104,135 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/15/2026 06/15/26 | Price Changed | $599,000 | -6.0% | $250 / Sq Ft | |
| 05/26/2026 05/26/26 | For Sale | $637,000 | +82.0% | $265 / Sq Ft | |
| 05/26/2023 05/26/23 | Sold | -- | -- | -- | View Prior Sale |
| 05/12/2023 05/12/23 | For Sale | $350,000 | -- | $146 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Alliance Title |
Source: Montana Regional MLS
MLS Number: 30071755
APN: 07-3966-18-1-10-05-0000
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