Duplex-Style Income
129 Sleepy Hollow Rd Kalispell, MT 59901
New
129 Sleepy Hollow Rd, Kalispell, MT, 59901
$619,000
For Sale
$619,000
Spacious home with a separate lower-level rental unit, fenced yard, and covered deck, plus long private driveway parking.
Property Size4,150 SF
Price / SF$149.16
Days on Market3
Property Features for 129 Sleepy Hollow Rd
General Information
- Standard status
- Active
- Size
- 4,150 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1965
Listing agency
RE/MAX Rocky Mountain Real Estate
Listed by
Jessica L Bubar · License #55298
Source
Beckmansrealestatemt
Added: Jul 20 Updated: Jul 21 at 6:44AM Checked: Jul 22 at 4:51AM
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 RE/MAX Rocky Mountain Real Estate
Investment Insights
Based on property information with market context.
This spacious income residence is configured with a main home plus a separate lower-level rental unit with its own entrance. The main level features 3 bedrooms and 2 bathrooms, with hardwood floors, abundant natural light, and a river rock fireplace in the living room. The updated kitchen includes wood cabinetry, ample counter space, stainless steel appliances, and a large center island.
Outside, the property offers a long private driveway for parking and a mature, tree-lined setting. The fenced backyard includes a covered deck.
The lower-level apartment is a 2-bedroom, 1-bath unit and includes lots of storage. The property also offers additional room for a garage, carport, or storage shed.
Outside, the property offers a long private driveway for parking and a mature, tree-lined setting. The fenced backyard includes a covered deck.
The lower-level apartment is a 2-bedroom, 1-bath unit and includes lots of storage. The property also offers additional room for a garage, carport, or storage shed.
Key Highlights
- 1965‑built home with 3 bedrooms and 2 bathrooms plus a separate lower‑level rental unit
- Total size: 4,150 sqft (main residence and rental combined as provided)
- Main living room features a river rock fireplace and hardwood floors
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.3k | $15.00 |
| − Vacancy | −$2.8k | −$0.68 |
| EGI | $59.4k | $14.33 |
| − OpEx | −$17.8k | −$4.30 |
| NOI | $41.6k | $10.03 |
4,150 SF · lease $15.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$594.5K
$520.2K – $693.6K
NOI $41,614 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$553.3K
$484.2K – $645.6K
NOI $38,733 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$926.6K
$810.8K – $1.08M
NOI $64,860 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious home with a separate lower-level rental unit, fenced yard, and covered deck, plus long private driveway parking.
Where is this duplex located?
The property is located at 129 Sleepy Hollow Rd Kalispell, MT.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: 1965‑built home with 3 bedrooms and 2 bathrooms plus a separate lower‑level rental unit; Total size: 4,150 sqft (main residence and rental combined as provided); Main living room features a river rock fireplace and hardwood floors
