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Two-Home Residential Income Property
For Sale
$690,000

121 & 135 Boon, Somers, MT 59932

Two residences on one lot with fresh interior paint, including a remodeled detached guest house and main home.

Property Size4,295 SF
Price / SF$160.65
Days on Market106

Property Features for 121 & 135 Boon

General Information

Standard status Active
Size 4,295 SF
Property subtype Multi Family Home

Taxes and HOA fees

Annual Taxes $4,339

Amenities

Garage: Garage,Garage Door Opener,Heated Garage,Tuck Under Garage
Garage Spaces: 2
Style: Multi-Level,Tri-Level
Multi-Level,Tri-Level
Garage,Garage Door Opener,Heated Garage,Tuck Under Garage
2

Building Details

Year Built 1912
Listing Agency: Performance Real Estate, Inc.
Listed By: Mark Jason Kuhl · License #RRE-BRO-LIC-45209
Source: Clearwaterproperties
Added: Jul 8 Changed: Sep 3 Last Checked: Sep 2 at 5:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Performance Real Estate, Inc.

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Investment Insights

Based on property information with market context.

This two-residence property is set on one lot and includes a spacious main home and a fully remodeled detached guest house. The main residence offers an open-concept floor plan, a main-level primary suite, an office, a laundry room, and an upper-level suite with bonus space, along with wraparound decking, patios, and landscaped grounds. The detached guest house includes its own kitchen, living area, a loft bedroom, a full bathroom, a private fenced yard, a covered patio, and dedicated storage. Fresh interior paint in both residences supports move-in-ready appeal.

The property is located in Somers, Montana, within walking distance of Somers Beach State Park, the public boat launch, and the Great Northern Rails to Trails, with additional nearby access to Kalispell, Lakeside, Flathead Lake, and Blacktail Mountain Ski Area.

Operationally, the homes share a well and use private septic, and the property is described as having no covenants, with short-term rentals allowed. The overall setup provides flexible living arrangements and multiple income possibilities under the existing configuration.

Key Highlights

  • Two residences on one lot in Somers, Montana, steps from Flathead Lake—main home plus a fully remodeled detached guest house
  • Main residence: 4‑bedroom, 3‑bath with open‑concept layout, main‑level primary suite, office, and laundry room
  • Detached guest house includes its own kitchen and living area, loft bedroom, full bathroom, private fenced yard, covered patio, and dedicated storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,068
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$861,360 $861.4K
Cap Rate 7%
$615,257 $615.3K
Cap Rate 9%
$478,533 $478.5K
Market Conditions
NOI Build-Up for 4,295 SF
Gross rent
$64.4K $15.00/SF
− Vacancy
−$2.9K −$0.68/SF
EGI
$61.5K $14.33/SF
− OpEx
−$18.5K −$4.30/SF
NOI
$43.1K $10.03/SF
Area
Flathead County, MT
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$861,360
Cap Rate 7%
$615,257
Cap Rate 9%
$478,533

Alternative Uses

Best Use
Multifamily LT 5
$615.3K
$538.4K – $717.8K (±1% cap)
NOI $43,068 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$572.7K
$501.1K – $668.1K (±1% cap)
NOI $40,087 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$958.9K
$839.1K – $1.12M (±1% cap)
NOI $67,126 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 59932, MT

1,558
Population
1,033
Households
1.5
Avg Household Size
47
Median Age
37%
College-Educated
83%
High-School Grad
27.2 sq mi
ZIP Area
57
Density / Sq Mi
$57,325
Median Household Income
$49,146
Median Earnings
$1,122
Median Rent
$617,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences on one lot with fresh interior paint, including a remodeled detached guest house and main home.
Where is this duplex located?
The property is located at 121 & 135 Boon Somers, MT.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Two residences on one lot in Somers, Montana, steps from Flathead Lake—main home plus a fully remodeled detached guest house; Main residence: 4‑bedroom, 3‑bath with open‑concept layout, main‑level primary suite, office, and laundry room; Detached guest house includes its own kitchen and living area, loft bedroom, full bathroom, private fenced yard, covered patio, and dedicated storage
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