Multi-Unit Apartment
For Sale
Contact for pricing
1263 Us Highway 2 E, Kalispell, MT 59901
Twenty rental units with on-site laundry and a large parking lot provide income-oriented housing in Kalispell.
Property Size5,351 SF
Price / SF$355.07
Days on Market69
Property Features for 1263 Us Highway 2 E
General Information
Standard status
Active
Size
5,351 SF
Property subtype
Multifamily
Building Details
Year Built
1940
Units
20
Listing Agency:
Kelly Right Real Estate of Montana LLC - Kalispell
Listed By:
Amy Kelly · License #14250943-SA00
Source:
Crexi
Added: Jun 5
Changed: Aug 10
Last Checked: Aug 11 at 9:00AM
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 Kelly Right Real Estate of Montana LLC - Kalispell
Investment Insights
Based on property information with market context.
This multi-unit apartment building contains 20 total units, including 12 studios, 3 one-bedroom units, and 5 two-bedroom units. The property is offered as a turn-key rental asset with on-site laundry facilities and a spacious parking lot designed to accommodate residents.
Located at 1263 US Highway 2 E in Kalispell, Montana, the building benefits from highway access and a property layout that includes ample on-site parking. The offering is described as an established, operating rental property.
For investors or buyers seeking a residential income property with unit diversity across studio, one-bedroom, and two-bedroom configurations, this building provides multiple tenancy types in a single asset. The seller’s materials also state a steady income profile and reference an 8% cap rate. Prospective buyers should review the operating details and unit mix as part of their underwriting. The listing agent is a member of the LLC that owns the property.
Located at 1263 US Highway 2 E in Kalispell, Montana, the building benefits from highway access and a property layout that includes ample on-site parking. The offering is described as an established, operating rental property.
For investors or buyers seeking a residential income property with unit diversity across studio, one-bedroom, and two-bedroom configurations, this building provides multiple tenancy types in a single asset. The seller’s materials also state a steady income profile and reference an 8% cap rate. Prospective buyers should review the operating details and unit mix as part of their underwriting. The listing agent is a member of the LLC that owns the property.
Key Highlights
- 1940‑built investment rental property with 20 units
- Unit mix: 12 studios, 3 one‑bedrooms, and 5 two‑bedrooms
- On‑site laundry included for residents
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
221
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Twenty rental units with on-site laundry and a large parking lot provide income-oriented housing in Kalispell.
Where is this apartment building located?
The property is located at 1263 Us Highway 2 E Kalispell, MT.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 1940‑built investment rental property with 20 units; Unit mix: 12 studios, 3 one‑bedrooms, and 5 two‑bedrooms; On‑site laundry included for residents
