Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    3819 MT Hwy 40 W Columbia Falls, MT 59912

    View on Map
    Claim this Listing
    For Sale
    $849,000

    MULTI_FAMILY - Modern - Columbia Falls, MT

    Property size:
    3,244 SF
    Lot size:
    0.96 Acres
    Price / SF:
    $261/SF
    Added:
    Apr 13, 2026
    Days on Market:
    24
    Last Refresh:
    May 6 at 12:06 am

    Property Features for 3819 MT Hwy 40 W

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Laundry Room, Basement
    Interior features
    OpenFloorplan, WalkInClosets
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    07418510302250000
    Size
    3,244 SF
    Lot size
    0.96 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    S10, T30 N, R21 W, 13208-1, PARCEL N/A, TR 4DAA IN SW4SW4
    Tax Annual Amount
    3711

    Utilities

    Sewer type
    Private Sewer, Septic Tank
    Heating system
    Natural Gas, Forced Air
    Water source
    Well

    Building Details

    Year built
    1991
    Floors in Building
    2
    Number of units
    2
    Roof type
    Asphalt
    Architectural style
    Modern

    We can help!

    Listing Contact
    Maximus Tekosis

    Listing agent Maximus Tekosis License #RRE-RBS-LIC-119356

    Listing office PureWest Real Estate - Kalispell 17 1st Ave E, Kalispell, MT

    Listing date Apr 13, 2026

    MLS# 30068661 Listing URL

    Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Columbia Falls Multifamily Investment Opportunity

    This multi-family property is located approximately 8 minutes from downtown Whitefish and 26 minutes from Glacier National Park. The property features two separate homes, each with 3 bedrooms and 2 bathrooms. One home offers 1,820 square feet, while the other provides 1,424 square feet. The residences are suitable for generating rental income or multi-generational living. Both homes have been maintained and are up to date on maintenance. Recent upgrades include roof replacements approximately three years ago on both homes, along with fresh exterior paint completed within the last year. The lot size is 0.96 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Skin Care Clinic Department Store Kitchen & Bath Showroom Food Market HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbia Falls
    County
    Flathead
    State
    Montana
    Longitude
    -114.2793492
    Latitude
    48.3718365

    Nearby Similar for Sale

    • $2,400,000

      Unique Shipping Container Cabins Near Glacier

      Boutique short-term rental property near Glacier National Park.
      341 Jensen Road, Columbia Falls, MT 59912
      View Details
    • $16,600,000

      Prestigious Horse Ranch with Mountain Views

      Luxury Montana estate ideal for various uses and recreation.
      1187 & 1195 Hodgson Road, Columbia Falls, MT 59912
      View Details
    • $1,800,000

      Modern Multifamily Investment Opportunity

      New construction multifamily property in Columbia Falls, Montana.
      10 Diane Road, Columbia Falls, MT 59912
      View Details
    • $875,000

      Income-Producing Multi-Family Property

      Five income units and RV site on 2.96 acres.
      300 Jay Hawk Lane, Columbia Falls, MT 59912
      View Details
    • $700,000
      12,050 SF

      Downtown Columbia Falls Commercial Building

      Versatile 12,050 SF building in Columbia Falls' downtown core.
      235 Nucleus Avenue, Columbia Falls, MT 59912
      View Details
    • $700,000
      12,050 SF

      Versatile Commercial Building in Columbia Falls

      12,050 SF commercial building in downtown Columbia Falls.
      235 Nucleus Ave, Columbia Falls, MT
      View Details
    • $900,000
      7,624 SF

      Columbia Falls Commercial Redevelopment Opportunity

      Prime commercial building with redevelopment potential in historic Columbia Falls.
      307 Nucleus Avenue, Columbia Falls, MT 59912
      View Details
    • $1,195,000
      3,330 SF

      Charming Columbia Falls Train Depot

      Half-acre lot with historical charm and high visibility.
      8 Us Highway 2 E, Columbia Falls, MT 59912
      View Details
    • $1,800,000
      6,708 SF

      New Multifamily Investment Opportunity

      Six-unit apartment building built in 2022, fully rented.
      10 Diane Road, Columbia Falls, MT 59912
      View Details
    • $579,000

      Highway Commercial Property Near Glacier

      Commercial building and land for sale near Glacier National Park.
      7343 Us Highway 2 E, Columbia Falls, MT 59912
      View Details
    • $1,500,000

      Downtown Columbia Falls Commercial Building

      Commercial building in downtown Columbia Falls, ideal for restaurant/retail.
      540 Nucleus Avenue A, Columbia Falls, MT 59912
      View Details
    • $1,095,000
      3,537 SF

      Remodeled Home with Guest Apartment

      Custom home on 3 acres with no zoning restrictions.
      205 Kinnikinnick Lane, Columbia Falls, MT 59912
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex near Whitefish and Glacier National Park.
    Where is this duplex located?
    The property is located at 3819 MT Hwy 40 W Columbia Falls, MT.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: Multi‑family property featuring two separate homes, perfect for rental income or multi‑generational living; Conveniently located just 8 minutes from downtown Whitefish and 26 minutes from Glacier National Park; Well‑maintained with recent upgrades: roofs replaced approximately three years ago and fresh exterior paint within the last year
    (719) 354-1016
    We can help!
    Listing Contact
    Maximus Tekosis
    Real Estate License ID: RRE-RBS-LIC-119356
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3819 MT Hwy 40 W, Columbia Falls, MT 59912
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!