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3-Unit Multifamily Property

308 E Evergreen Drive, Kalispell, MT 59901

For Sale
$629,000

R-5-zoned property pairs three residential units with a finished shop and three RV hookups.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market20

Property Features for 308 E Evergreen Drive

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Residential Income
Zoning R-5

Units

Unit Mix 1 x 2BR/1BA home, 1 x 2BR/1BA mobile home, 1 x studio
Multifamily Units 3

Additional Details

Gross Income $51,000

Building Details

Units 3
Listing Agency: PureWest Real Estate Kal/Commercial
Listed By: David Stone · License #RRE-BRO-LIC-12188
Source: Purewestrealestate
Added: Oct 19 Changed: Nov 6 Last Checked: Nov 6 at 5:04AM

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 PureWest Real Estate Kal/Commercial

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Investment Insights

Based on property information with market context.

Set on one acre in Evergreen near downtown Kalispell, this multifamily property includes a 2-bedroom, 1-bath home built in 1940, a 2-bedroom, 1-bath mobile home from 1976, and a studio apartment. The mobile home is not detitled and does not sit on a permanent foundation. Zoning is R-5.

A 24-by-48-foot shop adds insulated, plumbed, finished space with a 16-foot-tall door. The property also has three RV hookups, each with a 220V outlet, water, and a septic dump connection. The home and mobile home are leased through May 2027 and October 2026, respectively; the shop lease runs through August 2027. The studio is owner-occupied.

Key Highlights

  • Three residential units: a 2‑bedroom, 1‑bath home, a 2‑bedroom, 1‑bath mobile home, and a studio
  • One‑acre property in Evergreen near downtown Kalispell
  • R‑5 zoning

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

318
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Kalispell, MT

$224 Jul
$282 Aug
$288 Sep
$313 Oct

Properties on Market for Multifamily properties in Kalispell

Jul
Aug
Sep
Oct

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?
Multifamily property - R-5-zoned property pairs three residential units with a finished shop and three RV hookups.
Where is this multifamily property located?
The property is located at 308 E Evergreen Drive Kalispell, MT.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Three residential units: a 2‑bedroom, 1‑bath home, a 2‑bedroom, 1‑bath mobile home, and a studio; One‑acre property in Evergreen near downtown Kalispell; R‑5 zoning
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