NOT LISTED FOR SALE

Estimated Value: $530,380

4 Beds
6 Baths
2,400 Sq Ft
$221/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2023

Current estimated payment $3,074 / mo

1 Day on Market

Highlights

  • 2 Car Detached Garage
  • Paneling
  • Forced Air Zoned Heating System
  • Interior Lot
  • Secured Garage or Parking
  • Baseboard Heating

About This Home

As of May 2023

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.

Last Agent to Sell the Property

Susan Smith

Berkshire Hathaway HomeServices - Whitefish License #RRE-BRO-LIC-9422 Listed on: 05/12/2023

Berkshire Hathaway HomeServices - Whitefish

Last Buyer's Agent

Nicole Marengo

RE/MAX Rocky Mountain Real Estate License #RRE-BRO-LIC-79641

RE/MAX Rocky Mountain Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,167

Year Built

  • Built in 1956

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 37.5 x 139.90
  • Private Entrance
  • Interior Lot
  • Rectangular Lot
  • Level Lot
  • Few Trees
  • Back and Front Yard

Parking

  • 2 Car Detached Garage
  • Alley Access
  • Rear-Facing Garage
  • Shared Driveway
  • Secured Garage or Parking

Home Design

  • Triplex
  • Poured Concrete
  • Wood Frame Construction
  • Frame Construction
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 2 Levels
  • Paneling
  • Blinds

Kitchen

  • Electric Range
  • Laminate Countertops

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Apartment Living Space in Basement
  • Laundry in Basement
  • Basement Storage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Baseboard Heating
  • Separate Meters
  • Natural Gas Connected
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: CLA
  • Assessor Parcel Number 07396618110050000

Community Details

Overview

  • 3 Units
  • Community Parking

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,167

Year Built

Built in 1956

Lot Details

5,227 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Year Built: 1956
  • Directions: #716. Middle of block on the west side of 1st Avenue West. May prefer to park in alley.
  • Listing I D: 30003189
  • Horses: No
  • Lot Size Acres: 0.12
  • Lot Size: 37.5 X 139.90
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Exclusions: CLA
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Multi Family, Triplex
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Basement: Apartment, Exterior Entry, Full, Concrete, Partially Finished, Storage Space, Walk-Up Access
  • Interior Amenities: High Speed Internet, Laminate Counters, Paneling/Wainscoting, Storage
  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer, Water Heater
  • Other Equipment: Other
  • Basement YN: Yes
  • Entry Location: 3 Exterior Doors
  • Fireplace: No
  • Window Features: Blinds, Screens, Window Coverings, Window Treatments

Exterior Features

  • Exterior Feat.: Private Entrance, Rain Gutters
  • Roof: Composition, Metal, See Remarks
  • Lot Features: Back Yard, City Lot, Front Yard, Interior Lot, Rectangular Lot, Few Trees, Level
  • Topography: Level
  • View: Residential
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File, Lead Based Paint Disclosure, Other, Seller Disclosure
  • Construction Type: Frame, Unknown, Wood Frame, Drywall
  • Foundation Details: Poured, Basement
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Alley Access, Common, Detached, Garage, On Site, Garage Faces Rear, Shared Driveway

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Sewer Connected, Separate Meters, Water Connected
  • Heating: Baseboard, Electric, Forced Air, Gas, Natural Gas, Wall Furnace, Zoned
  • Laundry Features: Common Area, Inside, In Basement, Lower Level
  • Security: Carbon Monoxide Detector(s), Secured Garage/Parking, Smoke Detector(s)
  • Green Building Features: Living Area
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Sidewalks
  • Senior Community: No
  • Pets Allowed: No

Schools

  • Junior High Dist: District No. 5

Lot Info

  • Zoning: Residential
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 07396618110050000
  • Zoning Description: RA-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3166.81

Multi Family

  • Number Of Units Total: 3

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
May 25, 2023
Sold by
Bought by
Seller's Agent
Susan Smith
Berkshire Hathaway HomeServices - Whitefish
Buyer's Agent
Nicole Marengo
RE/MAX Rocky Mountain Real Estate
List Price
$350,000
Views
26
Current Estimated Value
$530,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%

Purchase Details

Closed on
May 30, 2008
Sold by
Bought by
Source: Public Records
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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 Buyer Sale Price Title Company
-- None Listed On Document
-- Alliance Title
Source: Public Records

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
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 -- -- --
05/12/2023 05/12/23 For Sale $350,000 -- $146 / Sq Ft
Source: Montana Regional MLS

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 30003189

Montana Regional MLS

APN: 07-3966-18-1-10-05-0000

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