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20-Unit Apartment Building
For Sale
Under Contract
$2,250,000

103 Spring Creek Drive, Kalispell, MT 59901

ResidentialIncome, Kalispell, MT

Property SizeContact for details
Lot Size1.06 Acres
Days on Market367

Property Features for 103 Spring Creek Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning Business
Zoning description B-2/Evergreen EO
Rooms Laundry Room
Parking features Driveway
Exterior features Storage
Appliances Dryer, Microwave, Range, Refrigerator, Washer
Lot features Level
Directions Corner of Spring Creek Drive and US Highway 2.
Standard status Active Under Contract
APN 07407833422070000
Lot size 1.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Ziesmers AC Lot 1 E160' of W190' Block 1 33-29-21
Tax Annual Amount 9847
Legal Description Ziesmers AC Lot 1 E160' of W190' Block 1 33-29-21

Utilities

Sewer type Public Sewer
Water source Public

Amenities

laundry facility
storage units

Building Details

Year built 2018
Floors in Building 1
Number of units 20
Building materials VinylSiding, WoodFrame
Additional Structures Storage
Listing Agency: PureWest Real Estate - Kalispell
Listed By: John Sinrud · License #RRE-RBS-LIC-25572
Added: Aug 20, 2025 Changed: Aug 21 Last Checked: Aug 21 at 2:06PM
MLS# 30056165

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.

Built in 2018, this apartment property contains 20 studio efficiency units measuring 360 SF each. Every unit includes a PTAC heating and air-conditioning system, while the property provides a shared laundry room and individual storage units for tenants. The grounds are fully paved and fenced, with driveway parking.

The property sits on 1.06 acres in Kalispell, MT, with Business zoning and public water and sewer service. Appliances include ranges, refrigerators, microwaves, washers, and dryers. All units are occupied under month-to-month leases, and the property has a documented rental history.

Key Highlights

  • 20 studio efficiency units, each measuring 360 SF
  • Built in 2018 on 1.06 acres
  • All units fully rented on month‑to‑month leases

Property Analytics

Current Use

Apartment buildings

Lease Details

20
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

353
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully rented apartment property with on-site laundry, tenant storage, and paved, fenced grounds.
Where is this apartment building located?
The property is located at 103 Spring Creek Drive Kalispell, MT.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 20 studio efficiency units, each measuring 360 SF; Built in 2018 on 1.06 acres; All units fully rented on month‑to‑month leases
More about this property
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