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Multifamily Apartment Building with On-Site Laundry
For Sale
Under Contract
$2,250,000

103 Spring Creek Drive, Kalispell, MT 59901

MULTI_FAMILY - Kalispell, MT

Lot Size1.06 Acres
Days on Market348

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 2 Last Checked: Aug 2 at 8:06AM
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.

This apartment building is positioned as a 20-unit studio efficiency property with each tenant provided storage units and access to an on-site laundry room. The community laundry offering is supported by common-area laundry facilities, while exterior storage is included for tenants. Units are equipped with PTAC heating and A/C, and appliances listed include a range, refrigerator, microwave, washer, and dryer.

The property sits on a 1.06-acre lot with a fully paved and fenced exterior. It is supported by public water service and public sewer.

Built in 2018, the units are currently under month-to-month leases with a fully rented status and an established rental history. The zoning is identified as Business.

Key Highlights

  • 1.06‑acre lot with fully paved and fenced exterior
  • 20 studio efficiency units, fully rented on month‑to‑month leases
  • Each unit has tenant storage plus an on‑site laundry room

Property Analytics

Current Use

Apartment buildings

Lease Details

20
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3
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 - Business-zoned multifamily property with 20 studio units, tenant storage, and an on-site laundry facility.
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: 1.06‑acre lot with fully paved and fenced exterior; 20 studio efficiency units, fully rented on month‑to‑month leases; Each unit has tenant storage plus an on‑site laundry room
More about this property
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