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20-Unit Apartment Building
For Sale
$1,795,000

1263 US Hwy 2 E, Kalispell, MT 59901

ResidentialIncome, Kalispell, MT

Property Size5,351 SF
Lot Size1.03 Acres
Price / SF$335.45
Days on Market136

Property Features for 1263 US Hwy 2 E

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 1
Rooms Laundry Room
Directions 1263 Hwy 2 East next to Nickel Charlies
Standard status Active
APN 07396604305050000
Size 5,351 SF
Lot size 1.03 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description S04, T28 N, R21 W, C.O.S. 16224, TR 3XA & TR 3YB I
Tax Annual Amount 9534
Legal Description S04, T28 N, R21 W, C.O.S. 16224, TR 3XA & TR 3YB I

Amenities

on-site laundry

Building Details

Year built 1940
Floors in Building 2
Number of units 20
Listing Agency: eXp Realty - Kalispell
Listed By: Amy L Kelly · License #RRE-RBS-LIC-32279
Added: Jun 4 Changed: Oct 17 Last Checked: Oct 17 at 8:06AM
MLS# 30072369

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.

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Investment Insights

Based on property information with market context.

This 20-unit apartment property contains 5,351 square feet on 1.03 acres and was built in 1940. The unit mix comprises 12 studios, three one-bedroom apartments, and five two-bedroom apartments. On-site laundry and a parking lot serve the property.

Located at 1263 US Hwy 2 E in Kalispell, the property reports a 9% cap rate. The listing agent is a member of the LLC that owns the property.

Key Highlights

  • 20 apartments: 12 studios, 3 one‑bedroom units, and 5 two‑bedroom units
  • 5,351 square feet on 1.03 acres
  • Built in 1940

Property Analytics

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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
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?
Apartment building - The property combines a varied apartment mix with on-site laundry and a dedicated parking lot.
Where is this apartment building located?
The property is located at 1263 US Hwy 2 E Kalispell, MT.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 20 apartments: 12 studios, 3 one‑bedroom units, and 5 two‑bedroom units; 5,351 square feet on 1.03 acres; Built in 1940
More about this property
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