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Ranch Quadplex with Coin Laundry
For Sale
$1,980,000

146 Iowa Avenue, Whitefish, MT 59937

MULTI_FAMILY - Ranch - Whitefish, MT

Property Size3,360 SF
Lot Size0.30 Acres
Price / SF$589.29
Days on Market104

Property Features for 146 Iowa Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning Multi-Family
Zoning description WR-4 High density multi-family residential
Rooms Laundry Room
Interior features MainLevelPrimary
Exterior features Breezeway
Appliances Range, Refrigerator
Lot features Level
Directions Turn on West onto Edgewood, to Iowa, to the sign at 146 Iowa
Standard status Active
APN 07429225322017001
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MORRISON CONDO WFSH T CO 5 AC TR ADD1 L7B8, S25, T31 N, R22 W,, UNIT 1, ASSESSOR# 0000445570 MORRISON CONDO WFSH T CO 5 AC TR ADD1 L7B8, S25, T31 N, R22 W,, UNIT 2, ASSESSOR# 0000445571 MORRISON CONDO WFSH T CO 5 AC TR ADD1 L7B8, S25, T31 N, R22 W,, UNIT 3, ASSESSOR# 0000445572 MORRISON CONDO WFSH T CO 5 AC TR ADD1 L7B8, S25, T31 N, R22 W,, UNIT 4, ASSESSOR# 0000445573
Tax Annual Amount 5218
Legal Description MORRISON CONDO WFSH T CO 5 AC TR ADD1 L7B8, S25, T31 N, R22 W,, UNIT 1, ASSESSOR# 0000445570 MORRISON CONDO WFSH T CO 5 AC TR ADD1 L7B8, S25, T31 N, R22 W,, UNIT 2, ASSESSOR# 0000445571 MORRISON CONDO WFSH T CO 5 AC TR ADD1 L7B8, S25, T31 N, R22 W,, UNIT 3, ASSESSOR# 0000445572 MORRISON CONDO WFSH T CO 5 AC TR ADD1 L7B8, S25, T31 N, R22 W,, UNIT 4, ASSESSOR# 0000445573

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1972
Floors in Building 1
Number of units 4
Building materials VinylSiding, WoodFrame
Roof type Composition
Architectural style Ranch
Listing Agency: Glacier Sotheby's International Realty Whitefish
Listed By: Mary Pat Love · License #RRE-RBS-LIC-6873
Added: Apr 20 Changed: Jul 31 Last Checked: Aug 1 at 3:06AM
MLS# 30068912

Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Ranch-style quadplex offered as a single transaction: four individually deeded two-bedroom, one-bath condominium residences. Each unit includes approximately 840 square feet of low-maintenance living space. All four units are currently leased, with additional on-site income from coin laundry and garage rentals. Interior features include a main-level primary, along with a laundry room. Exterior amenities include a breezeway.

The property sits on a 0.3-acre lot and is zoned WR-4 high-density multi-family. Built in 1972, the building has a composition roof and is served by public water and public sewer. Recent capital improvements include new garages built in 2022, a new roof in 2023, freshly painted exteriors in 2024, and updated interior paint throughout.

The individually deeded structure provides flexibility for a future owner, including the potential to sell residences separately down the road. The lot configuration also presents room to expand garages and add additional condo units over time, subject to approvals and development constraints.

Key Highlights

  • Ranch‑style quadplex with four individually deeded condo residences
  • Each unit has two bedrooms and one bath, with approximately 840 SF of living space
  • All four units are currently leased, with additional on‑site coin laundry and garage rental income

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

587
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four individually deeded condo residences in a 0.3-acre quadplex with on-site coin laundry and leased units.
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: Ranch‑style quadplex with four individually deeded condo residences; Each unit has two bedrooms and one bath, with approximately 840 SF of living space; All four units are currently leased, with additional on‑site coin laundry and garage rental income
More about this property
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