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Updated Duplex with Attached Garages
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2000 & 2002 Greatview Drive, Kalispell, MT 59901

Two leased residences combine private outdoor space with recent building-system and exterior improvements.

Property Size2,912 SF
Price / SF$266.14
Days on Market54

Property Features for 2000 & 2002 Greatview Drive

General Information

Standard status Active
Size 2,912 SF
Total Parking Spaces 4
Property subtype Multifamily

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2
Parking per Unit 2

Building Details

Year Built 2000
Units 2
Tenancy Multi
Listing Agency: National Parks Realty of Whitefish (Inactive)
Listed By: Scott Freudenberger · License #RRE-RBS-LIC-15518
Source: Crexi
Added: Aug 29 Changed: Oct 10 Last Checked: Oct 20 at 7:47PM

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 National Parks Realty of Whitefish (Inactive)

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Investment Insights

Based on property information with market context.

This duplex, completed in 2000, contains 2,912 square feet across two separately configured residences. Each unit offers three bedrooms, 2.5 bathrooms, an attached two-car garage, and a fenced backyard. The property includes a new roof, windows, gutters, fascia, and exterior light fixtures, along with new carpet in one residence and a new furnace in the other.

Both units are leased, providing an established occupancy profile for the property. The layout may also support evaluation of condominium conversion and individual unit sales, subject to applicable requirements and approvals. The combination of dual residences, garage parking, private yards, and documented recent improvements gives the asset a practical multifamily configuration.

Key Highlights

  • Two‑unit duplex totaling 2,912 square feet
  • Each residence has 3 bedrooms and 2.5 bathrooms
  • Attached 2‑car garage provided for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,200
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,000 $584.0K
Cap Rate 7%
$417,143 $417.1K
Cap Rate 9%
$324,444 $324.4K
Market Conditions
NOI Build-Up for 2,912 SF
Gross rent
$43.7K $15.00/SF
− Vacancy
−$2.0K −$0.68/SF
EGI
$41.7K $14.33/SF
− OpEx
−$12.5K −$4.30/SF
NOI
$29.2K $10.03/SF
Area
Flathead County, MT
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,000
Cap Rate 7%
$417,143
Cap Rate 9%
$324,444

Alternative Uses

Best Use
Multifamily LT 5
$417.1K
$365.0K – $486.7K (±1% cap)
NOI $29,200 @ 7.0% cap · market cap 3.77%
Second Best
Apartment 5plus
$388.3K
$339.7K – $453.0K (±1% cap)
NOI $27,179 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$650.2K
$568.9K – $758.5K (±1% cap)
NOI $45,511 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two leased residences combine private outdoor space with recent building-system and exterior improvements.
Where is this duplex located?
The property is located at 2000 & 2002 Greatview Drive Kalispell, MT.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,912 square feet; Each residence has 3 bedrooms and 2.5 bathrooms; Attached 2‑car garage provided for each unit
More about this property
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