716 1st Avenue W, Kalispell, MT 59901

$599,000 Active MLS® 30071755 Triplex
ActiveMLS® 30071755
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716 1st Avenue W, Kalispell, MT 59901 photo
Triplex
MLS® 30071755
$599,000
716 1st Avenue W, Kalispell, MT 59901
0.12 Acres 2,400 Sq.Ft. Built 1956
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 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.

Interior features
  • Basement description Full, Partially Finished
  • Lot dimension 0.12 Square Feet
Exterior features
  • Lot dimension 0.12 Square Feet
  • Foundation Poured

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