Duplex with Covered
For Sale
$599,000
Pending
231 12th, Kalispell, MT 59901
Duplex for sale offering two units with 3 bedrooms, 2 bathrooms, covered carport parking, and extra storage.
Property Size2,280 SF
Days on Market79
Property Features for 231 12th
General Information
Standard status
Pending
Size
2,280 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$3,824
Amenities
Garage: Shared Driveway,On Street
Garage Spaces: 0
Style: Other
Other
Shared Driveway,On Street
Building Details
Year Built
1998
Listing Agency:
Keller Williams Realty Northwest Montana
Listed By:
Austin Baumgarten · License #RRE-BRO-LIC-99479
(406) 471-1847
Source:
Clearwaterproperties
Added: Jul 25
Changed: Oct 10
Last Checked: Oct 9 at 4:35PM
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 Keller Williams Realty Northwest Montana
Investment Insights
Based on property information with market context.
This duplex for sale includes two separate units, each with 3 bedrooms and 2 bathrooms. The property also features a covered carport and additional storage, supporting practical day-to-day use for tenants or an owner-occupant.
Located on Kalispell’s Historic East Side, the property is described as being just minutes from downtown Kalispell’s restaurants, shops, and entertainment, with convenient access to the area’s main shopping district, everyday amenities, and recreation.
With two units in one building, the configuration is suited to buyers seeking rental income from one side while maintaining the option to occupy the other.
Located on Kalispell’s Historic East Side, the property is described as being just minutes from downtown Kalispell’s restaurants, shops, and entertainment, with convenient access to the area’s main shopping district, everyday amenities, and recreation.
With two units in one building, the configuration is suited to buyers seeking rental income from one side while maintaining the option to occupy the other.
Key Highlights
- Duplex built in 1998 with two units on Kalispell’s Historic East Side
- Each unit features 3 bedrooms and 2 bathrooms
- Each unit includes 1,160 sq. ft. of living space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,863
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,260
$457.3K
Cap Rate 7%
$326,614
$326.6K
Cap Rate 9%
$254,033
$254.0K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$34.2K $15.00/SF
− Vacancy
−$1.5K −$0.68/SF
EGI
$32.7K $14.33/SF
− OpEx
−$9.8K −$4.30/SF
NOI
$22.9K $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%
$457,260
Cap Rate 7%
$326,614
Cap Rate 9%
$254,033
Alternative Uses
Best Use
Multifamily LT 5
$326.6K
$285.8K – $381.1K
NOI $22,863 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$304.0K
$266.0K – $354.7K
NOI $21,280 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$509.1K
$445.4K – $593.9K
NOI $35,634 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,152
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex for sale offering two units with 3 bedrooms, 2 bathrooms, covered carport parking, and extra storage.
Where is this duplex located?
The property is located at 231 12th Kalispell, MT.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Duplex built in 1998 with two units on Kalispell’s Historic East Side; Each unit features 3 bedrooms and 2 bathrooms; Each unit includes 1,160 sq. ft. of living space
