Duplex with Covered
231 12th Street E 231/233 Kalispell, MT 59901
New
For Sale
$609,000
Duplex for sale offering two units with 3 bedrooms, 2 bathrooms, covered carport parking, and extra storage.
Property Size2,280 SF
Price / SF$267.11
Days on Market4
Property Features for 231 12th Street E 231/233
General Information
Standard status
Active
Size
2,280 SF
Property subtype
Duplex
Building Details
Year Built
1998
Listing Agency:
Keller Williams Realty Northwest Montana
(406) 471-1847
Listed By:
Austin Baumgarten · License #RRE-BRO-LIC-99479
Source:
Clearwaterproperties
Added: Jul 25
Changed: Jul 27
Last Checked: Jul 27 at 12:01AM
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 Keller Williams Realty Northwest Montana
Investment Insights
Based on property information with market context.
This duplex for sale includes two separate units, each with 3 bedrooms and 2 bathrooms. The property also features a covered carport and additional storage, supporting practical day-to-day use for tenants or an owner-occupant.
Located on Kalispell’s Historic East Side, the property is described as being just minutes from downtown Kalispell’s restaurants, shops, and entertainment, with convenient access to the area’s main shopping district, everyday amenities, and recreation.
With two units in one building, the configuration is suited to buyers seeking rental income from one side while maintaining the option to occupy the other.
Located on Kalispell’s Historic East Side, the property is described as being just minutes from downtown Kalispell’s restaurants, shops, and entertainment, with convenient access to the area’s main shopping district, everyday amenities, and recreation.
With two units in one building, the configuration is suited to buyers seeking rental income from one side while maintaining the option to occupy the other.
Key Highlights
- Duplex built in 1998 with two units on Kalispell’s Historic East Side
- Each unit features 3 bedrooms and 2 bathrooms
- Each unit includes 1,160 sq. ft. of living space
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 | $34.2k | $15.00 |
| − Vacancy | −$1.5k | −$0.68 |
| EGI | $32.7k | $14.33 |
| − OpEx | −$9.8k | −$4.30 |
| NOI | $22.9k | $10.03 |
2,280 SF · lease $15.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$326.6K
$285.8K – $381.1K
NOI $22,863 @ 7.0% cap · market cap 3.75%
Second Best
Apartment 5plus
$304.0K
$266.0K – $354.7K
NOI $21,280 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$509.1K
$445.4K – $593.9K
NOI $35,634 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex for sale offering two units with 3 bedrooms, 2 bathrooms, covered carport parking, and extra storage.
Where is this duplex located?
The property is located at 231 12th Street E 231/233 Kalispell, MT.
What is the asking price?
The asking price for this property is $609,000.
What are key features of this property?
This property features: Duplex built in 1998 with two units on Kalispell’s Historic East Side; Each unit features 3 bedrooms and 2 bathrooms; Each unit includes 1,160 sq. ft. of living space
