Renovated Two-Unit Duplex
312 6th Avenue W Kalispell, MT 59901
312 6th Avenue W, Kalispell, MT, 59901
Contact for pricing
For Sale
Contact for pricing
Two updated units include a 3-bedroom main home and a detached 1-bedroom unit, each with remodeled kitchens and baths.
Property Size2,247 SF
Price / SF$233.64
Days on Market16
Property Features for 312 6th Avenue W
General Information
- Standard status
- Active
- Size
- 2,247 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1940
Listing agency
Kelly Right Real Estate of Montana LLC - Missoula
Listed by
Jodie Needles · License #RRE-RBS-LIC-118279
Source
Crexi
Added: Jul 7 Updated: Jul 22 at 1:30AM Checked: Jul 22 at 2:05PM
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 Kelly Right Real Estate of Montana LLC - Missoula
Investment Insights
Based on property information with market context.
This renovated two-unit duplex offers a 3-bedroom, 1-bath main home plus a separate detached 1-bedroom, 1-bath unit. Both living spaces have been updated with fully remodeled kitchens and bathrooms, new flooring, new fixtures, and fresh finishes throughout for a clean, move-in-ready setup.
The main home includes a practical enclosed back porch that functions as a laundry/mudroom connection, along with an additional flex room. The upper level features a spacious third bedroom that spans the full floor, providing flexible space for use as a retreat, office, bonus room, or additional living area.
Outside, the property includes a fully fenced backyard with mature trees and established neighborhood character. The detached unit provides a distinct second living space designed to support an additional income component alongside the owner-occupant option.
The main home includes a practical enclosed back porch that functions as a laundry/mudroom connection, along with an additional flex room. The upper level features a spacious third bedroom that spans the full floor, providing flexible space for use as a retreat, office, bonus room, or additional living area.
Outside, the property includes a fully fenced backyard with mature trees and established neighborhood character. The detached unit provides a distinct second living space designed to support an additional income component alongside the owner-occupant option.
Key Highlights
- Two‑unit property built in 1940: 3‑bedroom, 1‑bath main home plus a detached 1‑bedroom, 1‑bath unit
- Both units feature fully remodeled kitchens and bathrooms
- New flooring, new fixtures, and fresh finishes throughout both living spaces
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 | $33.7k | $15.00 |
| − Vacancy | −$1.5k | −$0.68 |
| EGI | $32.2k | $14.33 |
| − OpEx | −$9.7k | −$4.30 |
| NOI | $22.5k | $10.03 |
2,247 SF · lease $15.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$321.9K
$281.7K – $375.5K
NOI $22,532 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$299.6K
$262.2K – $349.5K
NOI $20,972 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$501.7K
$439.0K – $585.3K
NOI $35,118 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two updated units include a 3-bedroom main home and a detached 1-bedroom unit, each with remodeled kitchens and baths.
Where is this duplex located?
The property is located at 312 6th Avenue W Kalispell, MT.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit property built in 1940: 3‑bedroom, 1‑bath main home plus a detached 1‑bedroom, 1‑bath unit; Both units feature fully remodeled kitchens and bathrooms; New flooring, new fixtures, and fresh finishes throughout both living spaces
