Kalispell Multifamily Property For
1312 2nd Avenue E Kalispell, MT 59901
For Sale
$569,000
Multifamily property with B-2 zoning on 0.43 acres.
Property Size1,841 SF
Lot Size0.43 Acres
Price / SF$309.07
Days on Market64
Property Features for 1312 2nd Avenue E
General Information
- Standard status
- Active
- Size
- 1,841 SF
- Lot size
- 0.43 Acres
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1935
Listing Agency:
RE/MAX River View
Listed By:
Melissa Santa
Source:
Clearwaterproperties
Added: May 25
Changed: Jul 10
Last Checked: Jul 27 at 2:14AM
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 River View
Investment Insights
Based on property information with market context.
This 0.43-acre property is located on the east side of Kalispell and is zoned B-2. The property includes three buildings: a 1,841 square foot home with three bedrooms and one bathroom, a separate tiny home or office, and a large shop. The property offers unlimited possibilities for investors and developers.
Key Highlights
- Large .43 acre property with B‑2 zoning offers unlimited development possibilities.
- Premium location on the east side of Kalispell.
- Includes a 3‑bedroom home, a tiny home/office, and a large shop.
Financial Insights For Apartment 5plus
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 | $32.5k | $17.64 |
| − Vacancy | −$1.2k | −$0.67 |
| EGI | $31.2k | $16.97 |
| − OpEx | −$14.1k | −$7.64 |
| NOI | $17.2k | $9.33 |
1,841 SF · lease $17.64/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$245.5K
$214.8K – $286.4K
NOI $17,183 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$411.0K
$359.7K – $479.6K
NOI $28,773 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Multifamily property with B-2 zoning on 0.43 acres.
Where is this multifamily property located?
The property is located at 1312 2nd Avenue E 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: Large .43 acre property with B‑2 zoning offers unlimited development possibilities.; Premium location on the east side of Kalispell.; Includes a 3‑bedroom home, a tiny home/office, and a large shop.
