716 1st Avenue W Kalispell, MT 59901
MULTI_FAMILY - Kalispell, MT
- Added:
- May 26, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 12 at 8:06 pm
Property Features for 716 1st Avenue W
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement, Laundry Room
- Standard status
- Active
- APN
- 07396618110050000
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 5A of the Amended Subdivision Plat of Lot 3, 4 and 5, Block 107, Kalispell Montana, according to the map or plat thereof on file and of record in the office of Clerk and Recorder of Flathead County
- Tax Annual Amount
- 3047
Building Details
- Year built
- 1956
- Number of units
- 3
Listing agent Julia Quigley License #RRE-RBS-LIC-126846 (406) 533-8084
Listing office Berkshire Hathaway HomeServices - Bigfork 425 Grand Dr. Ste B, Bigfork, MT (406) 837-1800
Listing date May 26, 2026
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.
Investment Insights
Based on property information with market context.
The property is located in downtown Kalispell, just one block off Main Street, near the Flathead County Courthouse and city parks. It sits on a 0.12-acre lot.
This is a straightforward fit for investors seeking a small in-town multifamily asset with current rental income. The seller notes a documented 99% occupancy rate and a strong rental history, and also states a 7.1% cap rate. Owner financing is available with negotiable terms, including $250,000 down at 7% for five years with a balloon payment at the end of the term.
Key Highlights
- Investment triplex built in 1956 with 3 total units: two 1 bed/1 bath units plus a basement unit.
- Current rents: $1,295/month each for the two ground‑floor 1 bed/1 bath apartments and $995/month for the basement unit (3/4 bath).
- Documented 99% occupancy rate with strong rental history.