Renovated Duplex with Off-Street
243-245 1st Avenue S Hungry Horse, MT 59919
New
243-245 1st Avenue S, Hungry Horse, MT, 59919
$548,000
For Sale
$548,000
Ranch, Other - Hungry Horse, MT
Property Size1,560 SF
Lot Size0.28 Acres
Price / SF$351.28
Days on Market5
Property Features for 243-245 1st Avenue S
General Information
- Property type
- Other
- Property subtype
- Duplex
- Interior features
- High Speed Internet
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 07418708209010000
- Lot size
- 0.28 Acres
Utilities
- Heating system
- Baseboard, Electric (Heating), Wall Furnace
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Roof type
- Asphalt
- Architectural style
- Ranch
Listing Agency
Engel & Völkers Whitefish
(406) 730-8582
214 E Second Street #101, Whitefish, MT
Listed by
Patti Lynn Singer
(800) 551-3184
Added: Jul 14 Checked: Jul 18 at 3:06 am
MLS# 30074536
Listing URL
Copyright © 2026 Engel & Völkers. 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.
This renovated duplex offers flexible income possibilities with two separate units. Each unit is described as approximately 2 bedrooms and 1 bathroom, with a gas fireplace in the living room. Recent improvements include a new roof, fascia, soffit, and drip edge, along with new flooring, updated bathrooms, new trim, and fresh interior and exterior paint. The right-side unit is complete and includes an eat-in kitchen with an appliance package listed in the remarks, plus laundry hook ups for a stackable washer and dryer. The left-side unit is also described as having an eat-in kitchen with refrigerator, electric range, range hood, and laundry hook ups, and is currently undergoing final renovations.
The property is located in Hungry Horse, with convenient off-street parking directly in front of the units. The remarks also note the property is about 12 miles from Glacier National Park.
Outside, the duplex includes a spacious yard and off-street parking in front of the units, with access to town and local amenities as described in the remarks.
The property is located in Hungry Horse, with convenient off-street parking directly in front of the units. The remarks also note the property is about 12 miles from Glacier National Park.
Outside, the duplex includes a spacious yard and off-street parking in front of the units, with access to town and local amenities as described in the remarks.
Key Highlights
- Duplex built in 1976 with ranch architectural style and asphalt roof
- Two units, each approx. 780 SF, featuring 2 bedrooms and 1 bathroom with a gas fireplace in the living room
- Recent upgrades include new roof, fascia, soffit, and drip edge, plus new flooring, updated bathrooms, new trim, and fresh interior/exterior paint
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 | $23.4k | $15.00 |
| − Vacancy | −$1.1k | −$0.68 |
| EGI | $22.3k | $14.33 |
| − OpEx | −$6.7k | −$4.30 |
| NOI | $15.6k | $10.03 |
1,560 SF · lease $15.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$223.5K
$195.5K – $260.7K
NOI $15,643 @ 7.0% cap · market cap 2.85%
Second Best
Apartment 5plus
$208.0K
$182.0K – $242.7K
NOI $14,560 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$348.3K
$304.8K – $406.4K
NOI $24,381 @ 7.0% cap · market cap 4.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated duplex with two 2-bedroom units, each with an eat-in kitchen and off-street parking in front.
Where is this duplex located?
The property is located at 243-245 1st Avenue S Hungry Horse, MT.
What is the asking price?
The asking price for this property is $548,000.
What are key features of this property?
This property features: Duplex built in 1976 with ranch architectural style and asphalt roof; Two units, each approx. 780 SF, featuring 2 bedrooms and 1 bathroom with a gas fireplace in the living room; Recent upgrades include new roof, fascia, soffit, and drip edge, plus new flooring, updated bathrooms, new trim, and fresh interior/exterior paint
