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20-Unit Apartment Building
For Sale
$1,900,000

1263 Us Highway 2 E, Kalispell, MT 59901

Residential property with varied unit layouts, on-site laundry, and dedicated parking for occupants.

Property Size5,351 SF
Price / SF$355.07
Days on Market22

Property Features for 1263 Us Highway 2 E

General Information

Standard status Active
Size 5,351 SF
Property subtype Multi-Family

Units

Unit Mix 12 x Studio, 3 x 1BR, 5 x 2BR
Multifamily Units 20

Additional Details

Cap Rate 9%

Amenities

on-site laundry

Building Details

Year Built 1940
Listing Agency: eXp Realty - Kalispell
Listed By: Amy L Kelly · License #RRE-RBS-LIC-32279
Source: Mtranchsales
Added: Aug 10 Changed: Aug 29 Last Checked: Aug 30 at 8:58PM

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 eXp Realty - Kalispell

Investment Insights

Based on property information with market context.

This 20-unit apartment property includes a mix of 12 studios, 3 one-bedroom units, and 5 two-bedroom units. On-site laundry and a dedicated parking lot support day-to-day resident needs. The building was constructed in 1940 and is located at 1263 US Highway 2 E in Kalispell, Montana. The property carries a 9% cap rate and is offered as a multifamily asset.

Key Highlights

  • 20 residential units across three floor‑plan types
  • Unit mix includes 12 studios, 3 one‑bedroom units, and 5 two‑bedroom units
  • 9% cap rate

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Grocery & Convenience Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

221
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Residential property with varied unit layouts, on-site laundry, and dedicated parking for occupants.
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: 20 residential units across three floor‑plan types; Unit mix includes 12 studios, 3 one‑bedroom units, and 5 two‑bedroom units; 9% cap rate
More about this property
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