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20-Unit Apartment Building
For Sale
$1,900,000

1263 Us Highway 2 E, Kalispell, MT 59901

ResidentialIncome, Kalispell, MT

Property SizeContact for details
Lot Size1.03 Acres
Days on Market82

Property Features for 1263 Us Highway 2 E

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 1
Rooms Laundry Room
Directions 1263 Hwy 2 East next to Nickel Charlies
Standard status Active
APN 07396604305050000
Lot size 1.03 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description S04, T28 N, R21 W, C.O.S. 16224, TR 3XA & TR 3YB I
Tax Annual Amount 9534
Legal Description S04, T28 N, R21 W, C.O.S. 16224, TR 3XA & TR 3YB I

Amenities

on-site laundry

Building Details

Year built 1940
Floors in Building 2
Number of units 20
Listing Agency: eXp Realty - Kalispell
Listed By: Amy L Kelly · License #RRE-RBS-LIC-32279
Added: Jun 4 Changed: Aug 24 Last Checked: Aug 24 at 6:06PM
MLS# 30072369

Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 20-unit apartment property in Kalispell includes 12 studio apartments, 3 one-bedroom units, and 5 two-bedroom units. The 1940-built asset includes an on-site laundry room and a parking lot for residents. Its unit mix accommodates multiple household sizes within a single multifamily property.

The property is located at 1263 US Highway 2 E in Kalispell, Montana, on a 1.03-acre parcel. The offering carries a reported 9% cap rate and is identified for sale as an apartment building.

Key Highlights

  • 20 units with a mix of 12 studios, 3 one‑bedroom units, and 5 two‑bedroom units
  • Reported 9% cap rate
  • On‑site laundry room

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Grocery & Convenience Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby

Demographics for 59901, MT

57,900
Population
25,154
Households
2.3
Avg Household Size
40
Median Age
33%
College-Educated
96%
High-School Grad
468.8 sq mi
ZIP Area
124
Density / Sq Mi
$70,391
Median Household Income
$38,073
Median Earnings
$1,052
Median Rent
$417,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Established multifamily property with on-site laundry and dedicated parking serving a varied unit mix.
Where is this apartment building located?
The property is located at 1263 Us Highway 2 E Kalispell, MT.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 20 units with a mix of 12 studios, 3 one‑bedroom units, and 5 two‑bedroom units; Reported 9% cap rate; On‑site laundry room
More about this property
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