Kalispell Multifamily Property For
1312 2nd, Kalispell, MT 59901
For Sale
$489,000
Multifamily property with B-2 zoning on 0.43 acres.
Property Size1,841 SF
Lot Size0.43 Acres
Price / SF$265.62
Days on Market173
Property Features for 1312 2nd
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Garage: Additional Parking
Additional Parking
Building Details
Year Built
Listing Agency:
RE/MAX River View
Listed By:
Melissa Santa · License MT #79492
(406) 212-3676
Source:
Clearwaterproperties
Added: May 25
Changed: Nov 12
Last Checked: Nov 12 at 8:11AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$17,183
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,660
$343.7K
Cap Rate 7%
$245,471
$245.5K
Cap Rate 9%
$190,922
$190.9K
Market Conditions
NOI Build-Up for 1,841 SF
Gross rent
$32.5K $17.64/SF
− Vacancy
−$1.2K −$0.67/SF
EGI
$31.2K $16.97/SF
− OpEx
−$14.1K −$7.64/SF
NOI
$17.2K $9.33/SF
Area
Flathead County, MT
Vacancy
3.80%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,660
Cap Rate 7%
$245,471
Cap Rate 9%
$190,922
Alternative Uses
Best Use
Apartment 5plus
$245.5K
$214.8K – $286.4K
NOI $17,183 @ 7.0% cap · market cap 3.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$411.0K
$359.7K – $479.6K
NOI $28,773 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
454
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
$417,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Kalispell, MT
Properties on Market for Multifamily properties in Kalispell
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
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 Kalispell, MT.
What is the asking price?
The asking price for this property is $489,000.
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.
