Historic Farmstead with Multiple
1380 Lower Valley Road Kalispell, MT 59901
1380 Lower Valley Road, Kalispell, MT, 59901
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For Sale
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Multi-home Montana farmstead with a historic farmhouse, modern main residence, self-contained apartment, and a six-car shop.
Property Size4,491 SF
Price / SF$332.89
Days on Market140
Property Features for 1380 Lower Valley Road
General Information
- Standard status
- Active
- Size
- 4,491 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1908
Listing agency
Windermere Real Estate Whitefish
Listed by
Ty Heaton · License #RRE-RBS-LIC-80354
Source
Crexi
Added: Mar 3 Updated: Jul 20 at 7:11PM Checked: Jul 21 at 5:45AM
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 Windermere Real Estate Whitefish
Investment Insights
Based on property information with market context.
This Montana homestead includes two homes plus a self-contained upper-level apartment, along with a six-car shop and multiple farm outbuildings. The historic 1908 farmhouse features three bedrooms and one bathroom, with a Met-Tile roof and newly refinished original maple hardwood floors. A fully finished basement includes space that could serve as office or guest use and includes laundry and mechanicals with an exterior entrance.
The second residence was built in 2001 and offers three bedrooms and two bathrooms. The main home includes hickory kitchen cabinetry, a gas range, and an open floor plan with expansive windows. A fully finished basement provides an additional large bedroom with daylight windows, plus a second bathroom and laundry hook-ups. The upper-level apartment above the main home includes a compact kitchen with an induction cooktop, a 3/4 bathroom, and elevated valley and mountain views.
The property also features a six-car shop with 240v power, LED lighting, insulated doors, and a wood-burning stove with a two-speed fan, plus additional attic insulation. Outdoor improvements include an orchard with 11 trees (one cherry, two plum, two pear, and six apple) and mature raspberry bushes, along with a historic barn, pigeon coop, granary, and chicken coop in well-maintained condition.
The second residence was built in 2001 and offers three bedrooms and two bathrooms. The main home includes hickory kitchen cabinetry, a gas range, and an open floor plan with expansive windows. A fully finished basement provides an additional large bedroom with daylight windows, plus a second bathroom and laundry hook-ups. The upper-level apartment above the main home includes a compact kitchen with an induction cooktop, a 3/4 bathroom, and elevated valley and mountain views.
The property also features a six-car shop with 240v power, LED lighting, insulated doors, and a wood-burning stove with a two-speed fan, plus additional attic insulation. Outdoor improvements include an orchard with 11 trees (one cherry, two plum, two pear, and six apple) and mature raspberry bushes, along with a historic barn, pigeon coop, granary, and chicken coop in well-maintained condition.
Key Highlights
- 1908 historic 3‑bedroom, 1‑bath farmhouse with Met‑Tile roof, triple‑strength windows, and newly refinished original maple hardwood floors
- 2001 main home with 3 bedrooms and 2 bathrooms, hickory cabinets, gas range, and expansive windows with Swan Range views
- Self‑contained upper‑level apartment above the main home with compact kitchen, 3/4 bath, valley/mountain views, and Stiebel Eltron wall heaters
Local 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 | $67.4k | $15.00 |
| − Vacancy | −$3.0k | −$0.68 |
| EGI | $64.3k | $14.33 |
| − OpEx | −$19.3k | −$4.30 |
| NOI | $45.0k | $10.03 |
4,491 SF · lease $15.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$643.3K
$562.9K – $750.6K
NOI $45,034 @ 7.0% cap · market cap 3.01%
Second Best
Apartment 5plus
$598.8K
$524.0K – $698.6K
NOI $41,916 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$1.00M
$877.4K – $1.17M
NOI $70,189 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Farm - Multi-home Montana farmstead with a historic farmhouse, modern main residence, self-contained apartment, and a six-car shop.
Where is this farm located?
The property is located at 1380 Lower Valley Road Kalispell, MT.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 1908 historic 3‑bedroom, 1‑bath farmhouse with Met‑Tile roof, triple‑strength windows, and newly refinished original maple hardwood floors; 2001 main home with 3 bedrooms and 2 bathrooms, hickory cabinets, gas range, and expansive windows with Swan Range views; Self‑contained upper‑level apartment above the main home with compact kitchen, 3/4 bath, valley/mountain views, and Stiebel Eltron wall heaters
