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Four-Unit Individually Deeded Quadplex
New
For Sale
$1,980,000

146 Iowa Avenue, Whitefish, MT 59937

Four leased residences combine with shared laundry and garage rentals in Whitefish’s City Beach neighborhood.

Property SizeContact for details
Lot Size0.30 Acres
Days on Market3

Property Features for 146 Iowa Avenue

General Information

Standard status Active
Lot size 0.30 Acres
Zoning WR-4
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Average Monthly Rent $1,862

Amenities

on-site coin laundry
garage rentals

Building Details

Buildings 1
Units 4
Tenancy Multi
Listing Agency: Glacier Sotheby's International Realty Whitefish
Listed By: Angie Friedner · License #RRE-BRO-LIC-16431
Source: Purewestrealestate
Added: Aug 28 Changed: Aug 29 Last Checked: Aug 29 at 5:35PM

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 Glacier Sotheby's International Realty Whitefish

Investment Insights

Based on property information with market context.

This four-unit condominium property includes four individually deeded residences, each configured with two bedrooms and one bathroom and measuring approximately 840 square feet. All units are currently leased. On-site features include coin-operated laundry and garage rentals, while recent improvements include garages constructed in 2022, a replacement roof completed in 2023, exterior painting in 2024, and refreshed interior paint.

Situated at 146 Iowa Avenue in Whitefish’s City Beach neighborhood, the property is within walking distance of downtown Whitefish and Whitefish Lake’s City Beach. The 0.3-acre parcel carries WR-4 high-density multifamily zoning.

The site also provides expansion capacity described for additional garages and condominium residences on both the south and north sides. Existing units are separately deeded, allowing the residences to be sold individually in the future.

Key Highlights

  • Four individually deeded residences, each with 2 bedrooms and 1 bathroom
  • Approximately 840 square feet per residence; all four units are currently leased
  • New garages built in 2022, with coin laundry and garage rentals on site

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Electrical Service Locksmith Storage Facility Computer & Electronic Repair Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

991
Businesses Nearby

Demographics for 59937, MT

14,354
Population
8,744
Households
1.6
Avg Household Size
45
Median Age
51%
College-Educated
97%
High-School Grad
310.5 sq mi
ZIP Area
46
Density / Sq Mi
$75,512
Median Household Income
$43,105
Median Earnings
$1,335
Median Rent
$654,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four leased residences combine with shared laundry and garage rentals in Whitefish’s City Beach neighborhood.
Where is this quadplex located?
The property is located at 146 Iowa Avenue Whitefish, MT.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: Four individually deeded residences, each with 2 bedrooms and 1 bathroom; Approximately 840 square feet per residence; all four units are currently leased; New garages built in 2022, with coin laundry and garage rentals on site
More about this property
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