Duplex-Style Income
For Sale
$569,000
129 Sleepy Hollow Rd, Kalispell, MT 59901
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$137.11
Days on Market94
Property Features for 129 Sleepy Hollow Rd
General Information
Standard status
Active
Size
4,150 SF
Property subtype
Multi-Family
Additional Details
Fenced Yard
Yes
Building Details
Year Built
1965
Listing Agency:
Rocky Mountain Real Estate
Listed By:
Jessica L Bubar · License #55298
Source:
Mtranchsales
Added: Jul 20
Changed: Oct 14
Last Checked: Oct 7 at 1:11PM
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 Rocky Mountain Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,614
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,280
$832.3K
Cap Rate 7%
$594,486
$594.5K
Cap Rate 9%
$462,378
$462.4K
Market Conditions
NOI Build-Up for 4,150 SF
Gross rent
$62.3K $15.00/SF
− Vacancy
−$2.8K −$0.68/SF
EGI
$59.4K $14.33/SF
− OpEx
−$17.8K −$4.30/SF
NOI
$41.6K $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%
$832,280
Cap Rate 7%
$594,486
Cap Rate 9%
$462,378
Alternative Uses
Best Use
Multifamily LT 5
$594.5K
$520.2K – $693.6K
NOI $41,614 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$553.3K
$484.2K – $645.6K
NOI $38,733 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$926.6K
$810.8K – $1.08M
NOI $64,860 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
297
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
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
Frequently Asked Questions
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 $569,000.
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
