Modern Six-Unit Apartment
For Sale
$1,800,000
10 Diane Road, Columbia Falls, MT 59912
ResidentialIncome, Modern, Columbia Falls, MT
Property Size6,708 SF
Lot Size0.33 Acres
Price / SF$268.34
Days on Market10
Property Features for 10 Diane Road
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning description
CRA - 1
Directions
Hwy 2 to Columbia Falls turn on South Hilltop Rd then left on 13th St which turns into Dianne Road Complex is on your Left
Standard status
Active
APN
07418618225100000
Size
6,708 SF
Lot size
0.33 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Description
HILLTOP HOMES, S18, T30 N, R20 W, Lot 178
Tax Annual Amount
9070
Legal Description
HILLTOP HOMES, S18, T30 N, R20 W, Lot 178
Utilities
Sewer type
Public Sewer
Cooling system
Ductless, Wall Unit(s)
Water source
Public
Building Details
Year built
2022
Number of units
6
Architectural style
Modern
Buildings
1
Listing Agency:
Keller Williams Realty Northwest Montana
(406) 752-4700
Listed By:
Matt Smith · License #RRE-RBS-LIC-79057
(406) 471-5430
Added: Oct 28
Changed: Nov 5
Last Checked: Nov 6 at 4:06AM
MLS# 30080403
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.
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Investment Insights
Based on property information with market context.
Completed in 2022, this six-unit apartment property contains 6,708 square feet across six residences. Each apartment measures 1,150 square feet and includes three bedrooms and two bathrooms. Modern design and wall-unit and ductless cooling serve the units. The parcel spans 0.331 acres, with public water and public sewer service.
The property is located at 10 Diane Road in Columbia Falls, Montana, within Flathead County.
The property is located at 10 Diane Road in Columbia Falls, Montana, within Flathead County.
Key Highlights
- Six apartments, each with 1,150 square feet, three bedrooms, and two bathrooms
- 6,708‑square‑foot building on a 0.331‑acre parcel
- Built in 2022 with a modern architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,608
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,252,160
$1.3M
Cap Rate 7%
$894,400
$894.4K
Cap Rate 9%
$695,644
$695.6K
Market Conditions
NOI Build-Up for 6,708 SF
Gross rent
$118.3K $17.64/SF
− Vacancy
−$4.5K −$0.67/SF
EGI
$113.8K $16.97/SF
− OpEx
−$51.2K −$7.64/SF
NOI
$62.6K $9.33/SF
Area
Flathead County, MT
Vacancy
3.80%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,252,160
Cap Rate 7%
$894,400
Cap Rate 9%
$695,644
Alternative Uses
Best Use
Apartment 5plus
$894.4K
$782.6K – $1.04M
NOI $62,608 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,838 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 59912, MT
15,395
Population
6,831
Households
2.3
Avg Household Size
43
Median Age
31%
College-Educated
93%
High-School Grad
188.9 sq mi
ZIP Area
81
Density / Sq Mi
$73,515
Median Household Income
$38,529
Median Earnings
$1,052
Median Rent
$438,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence offers three bedrooms, two bathrooms, and 1,150 square feet of living area.
Where is this apartment building located?
The property is located at 10 Diane Road Columbia Falls, MT.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Six apartments, each with 1,150 square feet, three bedrooms, and two bathrooms; 6,708‑square‑foot building on a 0.331‑acre parcel; Built in 2022 with a modern architectural style
