Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Kalispell Multifamily Investment Opportunity Title is generated by Realmo AI

    836 E Washington Street, Kalispell, MT 59901

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $3,000,000

    MULTI_FAMILY - Other - Kalispell, MT

    Type:Apartment
    Lot size:
    1.50 Acres
    Added:
    Apr 7, 2026
    Days on Market:
    46
    Last Refresh:
    May 22 at 5:06 pm

    Property Features for 836 E Washington Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Rooms
    Laundry Room, Basement
    Parking features
    Assigned
    Security features
    Security
    Exterior features
    Balcony, Storage
    Standard status
    Active Under Contract
    APN
    07396608204010000
    Lot size
    1.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    S08, T28 N, R21 W, COS 8076, TR 30-7C IN SE4NW4, NE4SW4, ASSR #0000974867
    Tax Annual Amount
    39934

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1985
    Floors in Building
    2
    Number of units
    24
    Building materials
    WoodSiding, WoodFrame
    Roof type
    Asphalt
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Ryan Pokorny

    Listing agent Ryan Pokorny License #RRE-RBS-LIC-81710

    Listing office PureWest Real Estate - Bigfork 420 Electric Ave, Kalispell, MT

    Listing date Apr 7, 2026

    MLS# 30067956 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.

    HighLights

    • Desirable, central location in Kalispell/Evergreen area appealing to renters.
    • 24‑unit multi‑family complex offering a significant investment opportunity.
    • Good rental history indicating stable income potential.
    • New roof installed in summer of 2024.
    • Many units have been updated, increasing appeal and potential rental income.
    • Balconies and storage available for tenants.

    Overview

    This multifamily complex features 24 units across three buildings, constructed in 1985. Situated on a 1.5-acre lot overlooking the east side of Kalispell and the Evergreen area, the location is central and desirable for renters. Many of the units have been updated and the property has a good rental history. The roof was replaced in the summer of 2024. This property presents a significant investment opportunity for those looking to start or expand a real estate portfolio.
    Property Profile Location Intelligence

    Current Use by Public Records

    406 Mt Contractors, ... Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Building Supply Nail Salon Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalispell
    County
    Flathead
    State
    Montana
    Longitude
    -114.302742
    Latitude
    48.204781

    Nearby Similar for Sale

    • $2,850,000
      6,000 SF

      Kalispell Commercial Condo Investment

      Long-term NNN lease with established orthodontic clinic.
      1256 North Meridian Road, Kalispell, MT 59901
      View Details
    • $550,000

      Kalispell Commercial Opportunity on Highway

      Commercial property along Highway 200 E in Kalispell, Montana.
      1001 Us Hwy 2 E, Kalispell, MT 59901
      View Details
    • $1,250,000
      3,100 SF

      Montana Retreat with Shop/Apartment

      Spacious home with shop/apartment on 5 fenced acres.
      133 Fox View Trail, Kalispell, MT 59901
      View Details
    • $950,000
      2,432 SF

      Kalispell Income-Producing Commercial Property

      2.26-acre property with storage units and single-family residence.
      3890 Hwy 2 E, Kalispell, MT 59901
      View Details
    • $1,995,000

      Versatile Commercial Property in Kalispell

      3.02-acre commercial property with industrial and retail potential.
      2549 US Hwy 2 E, Kalispell, MT 59901
      View Details
    • $595,000
      1,950 SF

      Kalispell Duplex: Two Separate Homes

      Unique duplex in Kalispell with two separate structures.
      117 3rd Avenue E, Kalispell, MT 59901
      View Details
    • $1,150,000
      3,524 SF

      Modern Kalispell Townhomes - Investment Potential

      Two attached modern townhomes with income-producing or multigenerational living potential.
      532 & 534 E Evergreen Drive, Kalispell, MT 59901
      View Details
    • $1,700,000
      12,000 SF

      Kalispell Mixed-Use Building For Sale

      Commercial building with retail space and apartments in Kalispell, Montana.
      302/304 2nd Avenue W, Kalispell, MT 59901
      View Details
    • $1,399,000
      3,220 SF

      Mixed-Use Property with High Visibility

      Remodeled mixed-use property with income potential and high traffic exposure.
      1282 US Hwy 2, Kalispell, MT 59901
      View Details
    • $767,315
      3,841 SF

      Commercial Building in Kalispell, MT

      Well-maintained commercial building on a corner lot in Kalispell.
      647 6th Avenue E, Kalispell, MT 59901
      View Details
    • $475,000
      656 SF

      Kalispell Ranch Multi-Family Investment

      Two well-maintained homes on one lot near downtown Kalispell.
      418 & 420 2nd Avenue W, Kalispell, MT 59901
      View Details
    • $3,129,000
      14,000 SF

      Restored Retail & Office Building

      Fully leased retail and office building in downtown Kalispell.
      141 S Main Street, Kalispell, MT 59901
      View Details

    FAQs

    What type of property is this?
    Apartment building - 24-unit complex in desirable Kalispell location with updated units.
    Where is this apartment building located?
    The property is located at 836 E Washington Street Kalispell, MT.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Desirable, central location in Kalispell/Evergreen area appealing to renters.; 24‑unit multi‑family complex offering a significant investment opportunity.; Good rental history indicating stable income potential.
    (406) 249-3257
    We can help!
    Listing Contact
    Ryan Pokorny
    Real Estate License ID: RRE-RBS-LIC-81710
    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
    836 E Washington Street, Kalispell, MT 59901
    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!