Triplex Investment
716 1st Avenue W Kalispell, MT 59901
716 1st Avenue W, Kalispell, MT, 59901
$599,000
For Sale
$599,000
MULTI_FAMILY - Kalispell, MT
Lot Size0.12 Acres
Days on Market52
Property Features for 716 1st Avenue W
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Laundry Room, Basement
- Standard status
- Active
- APN
- 07396618110050000
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 5A of the Amended Subdivision Plat of Lot 3, 4 and 5, Block 107, Kalispell Montana, according to the map or plat thereof on file and of record in the office of Clerk and Recorder of Flathead County
- Tax Annual Amount
- 3047
Building Details
- Year built
- 1956
- Number of units
- 3
Listing Agency
Berkshire Hathaway HomeServices - Bigfork
(406) 837-1800
425 Grand Dr. Ste B, Bigfork, MT
Listed by
Julia Quigley · License #RRE-RBS-LIC-126846
(406) 533-8084
Added: May 26 Checked: Jul 16 at 3:06 pm
MLS# 30071755
Listing URL
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 for-sale investment triplex includes three residential units. Two ground-floor apartments each offer 1 bedroom and 1 bathroom and are currently renting for $1,295 per month each. The basement unit has 1 bedroom and a 3/4 bath and is currently renting for $995 per month. Tenants share a yard and have shared laundry located in the basement. A detached two-car garage adds convenient off-street parking or storage flexibility. The basement also includes an unfinished portion that could support storage, additional value, or future expansion, depending on an owner’s plans.
The property is located in downtown Kalispell, just one block off Main Street, near the Flathead County Courthouse and city parks. It sits on a 0.12-acre lot.
This is a straightforward fit for investors seeking a small in-town multifamily asset with current rental income. The seller notes a documented 99% occupancy rate and a strong rental history, and also states a 7.1% cap rate. Owner financing is available with negotiable terms, including $250,000 down at 7% for five years with a balloon payment at the end of the term.
The property is located in downtown Kalispell, just one block off Main Street, near the Flathead County Courthouse and city parks. It sits on a 0.12-acre lot.
This is a straightforward fit for investors seeking a small in-town multifamily asset with current rental income. The seller notes a documented 99% occupancy rate and a strong rental history, and also states a 7.1% cap rate. Owner financing is available with negotiable terms, including $250,000 down at 7% for five years with a balloon payment at the end of the term.
Key Highlights
- Investment triplex built in 1956 with 3 total units: two 1 bed/1 bath units plus a basement unit.
- Current rents: $1,295/month each for the two ground‑floor 1 bed/1 bath apartments and $995/month for the basement unit (3/4 bath).
- Documented 99% occupancy rate with strong rental history.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Downtown triplex with two ground-floor 1BR units and one basement unit, plus shared yard, laundry, and detached garage.
Where is this triplex located?
The property is located at 716 1st Avenue W Kalispell, MT.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Investment triplex built in 1956 with 3 total units: two 1 bed/1 bath units plus a basement unit.; Current rents: $1,295/month each for the two ground‑floor 1 bed/1 bath apartments and $995/month for the basement unit (3/4 bath).; Documented 99% occupancy rate with strong rental history.
