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    Kalispell, MT Multifamily Properties for Sale

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    Kalispell Multifamily Property For Sale
    Updated: May 25
    Kalispell Multifamily Property For Sale

    1312 2nd Avenue E, Kalispell, MT 59901

    $569,000
    1,841 sqft 0.43 AC lot
    Large .43 acre property with B‑2 zoning offers unlimited development possibilities.
    Premium location on the east side of Kalispell.
    Includes a 3‑bedroom home, a tiny home/office, and a large shop.
    Extra large lot provides ample space.
    Additional parking available.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1312 2nd Avenue E, Kalispell, MT 59901

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    • Est. Cap Rate

      3%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $245K
      Suggested

    • Property Type

      Single Family Residence
      Built 1935
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    Triplex with Heated Shop and Garage
    Updated: Jul 21
    Triplex with Heated Shop and Garage

    618 Leonard Lane, Kalispell, MT 59901

    $1,750,000
    5.49 AC lot
    6,466 sq ft triplex with geothermal heating and cooling
    5.49 level acres with well water and septic tank/private sewer
    Main residence with chef’s kitchen, granite island, and double ovens
    Two extra living quarters: 1‑bed/1‑bath apartment above garage and lower‑level suite
    32’x40’ heated shop plus 44’x24’ garage/shop with built‑in shelving
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    Duplex With Covered Carport
    Duplex With Covered Carport

    231 12th Street E, Kalispell, MT 59901

    $609,000
    0.14 AC lot

    Duplex on a 0.14-acre lot with covered carport parking, storage, public utilities, and forced-air natural gas heat.

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    20-Unit Apartment Building with Laundry
    20-Unit Apartment Building with Laundry

    1263 Us Highway 2 E, Kalispell, MT 59901

    $1,900,000
    1.03 AC lot

    20-unit apartment building with on-site laundry and ample parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Open-Span Retail and Apartment Building
    Open-Span Retail and Apartment Building

    302 /304 2nd Ave W, Kalispell, MT 59901

    $1,500,000
    12,000 sqft

    Open-span ground floor retail with basement storage and three upstairs apartments with private entrances.

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    Duplex with Detached Shop Apartment
    Duplex with Detached Shop Apartment

    133 Fox View Trail, Kalispell, MT 59901

    $999,000
    5.01 AC lot

    Ranch duplex on fenced acres with RV parking, detached shop, and a one-bedroom apartment above.

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    Modern Duplex Townhomes with Stone Fireplace
    Modern Duplex Townhomes with Stone Fireplace

    532 & 534 E Evergreen Drive, Kalispell, MT 59901

    $1,150,000
    0.34 AC lot

    Two attached modern townhomes featuring vaulted great rooms, floor-to-ceiling stone fireplaces, and central air.

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    Five-Apartment Mixed-Use Building
    Five-Apartment Mixed-Use Building

    1282 US Hwy 2, Kalispell, MT 59901

    $1,399,000
    0.56 AC lot

    Business-zoned mixed-use property with a remodeled ground-floor food service/retail space and five occupied apartments.

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    Retail-Plus Apartment Building
    Retail-Plus Apartment Building

    302/304 2nd Avenue W, Kalispell, MT 59901

    $1,500,000
    12,000 sqft

    Open-span ground floor retail space with storage basement and three apartments with private entrances on a corner lot.

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    Turnkey Quadplex with Open Floorplans
    Turnkey Quadplex with Open Floorplans

    1704 1st Avenue W, Kalispell, MT 59901

    $850,000
    0.17 AC lot

    Four fully occupied units in a compact, well-maintained quadplex with an open floor plan and public sewer service.

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    Ranch-Style Apartment Building
    Ranch-Style Apartment Building

    119 5th Avenue W, Kalispell, MT 59901

    $1,950,000
    0.16 AC lot

    Independent living apartment building with six villa apartments built in 2011, plus additional basement living space and on-site patio/courtyard.

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    Open-Span Retail Building with Apartments
    Open-Span Retail Building with Apartments

    302/304 2nd Avenue W, Kalispell, MT 59901

    $1,700,000
    12,000 sqft

    Remodeled open-span commercial building with ground-floor retail potential and three upstairs apartments, plus on- and off-street parking.

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    Multifamily Apartment Building with On-Site Laundry
    Multifamily Apartment Building with On-Site Laundry

    103 Spring Creek Drive, Kalispell, MT 59901

    $2,250,000
    1.06 AC lot

    Business-zoned multifamily property with 20 studio units, tenant storage, and an on-site laundry facility.

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    Duplex-Style Income Residence
    Duplex-Style Income Residence

    129 Sleepy Hollow Rd, Kalispell, MT 59901

    $619,000
    4,150 sqft

    Spacious home with a separate lower-level rental unit, fenced yard, and covered deck, plus long private driveway parking.

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    Duplex with Two Private Entrances
    Duplex with Two Private Entrances

    1662 & 1660 US Hwy 2 W, Kalispell, MT 59901

    $675,000
    3,384 sqft

    Two 2-bedroom units with separate utilities, private entrances, and dedicated outdoor access on over one acre.

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    Renovated 12-Unit Multifamily Property
    Renovated 12-Unit Multifamily Property

    1430 3rd Avenue E, Kalispell, MT 59901

    $3,500,000
    9,357 sqft

    Renovated 12-unit multifamily building operated as furnished short-term rentals in Kalispell’s Flathead Valley.

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    Stabilized 45-Unit Apartment Community
    Stabilized 45-Unit Apartment Community

    128 E Evergreen Dr, Kalispell, MT 59901

    $10,450,000
    26,631 sqft

    45-unit multifamily property with 100% occupancy and a unit mix of studios, one- and two-bedroom apartments.

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    Dual-Structure Duplex with Pergola
    Dual-Structure Duplex with Pergola

    117 3rd Avenue E, Kalispell, MT 59901

    Contact for pricing
    1,946 sqft

    A duplex of two separate structures with private fencing, four bedrooms total, and multiple parking options.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    654 E Washington Street #1, Kalispell, MT 59901

    Contact for pricing
    6,129 sqft 0.26 AC lot

    As-is sale of a fully occupied four-unit setup with two rental units in each of two houses on a B-2 lot.

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    Multi-Unit Apartment Building
    Multi-Unit Apartment Building

    1263 Us Highway 2 E, Kalispell, MT 59901

    Contact for pricing
    5,351 sqft

    Twenty rental units with on-site laundry and a large parking lot provide income-oriented housing in Kalispell.

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    West-Side Duplex Investment
    West-Side Duplex Investment

    1104 6th Street W, Kalispell, MT 59901

    Contact for pricing
    1,514 sqft 0.27 AC lot

    Two-unit duplex on a generous lot with a 3-bedroom/1-bath unit and a 1-bedroom/1-bath unit.

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    Kalispell East Side Duplex
    Kalispell East Side Duplex

    905 6th Avenue E, Kalispell, MT 59901

    Contact for pricing
    4,304 sqft

    Large duplex in Kalispell's East Side, great rental or living.

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    Renovated Two-Unit Duplex Home
    Renovated Two-Unit Duplex Home

    312 6th Avenue W, Kalispell, MT 59901

    Contact for pricing
    2,247 sqft

    Two updated units include a 3-bedroom main home and a detached 1-bedroom unit, each with remodeled kitchens and baths.

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    Turnkey Quadplex With Fully Occupied Units
    Turnkey Quadplex With Fully Occupied Units

    1704 1st Avenue W, Kalispell, MT 59901

    Contact for pricing
    2,622 sqft

    A well-maintained quadplex offered turnkey, with all units currently fully occupied for a hands-on or hands-off operator.

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    Kalispell, MT Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Kalispell, MT, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 114,969 square feet of properties for sale, with an estimated market value of $33,370,000.

    Sale prices for multifamily properties in Kalispell, MT start at $569,000, averaging $1,962,941, and reaching up to $10,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 11
    Triplexes 9
    Apartment buildings 8
    Mobile home & RV parks 3
    Quadplexes 3

    Demographics Overview

    Population 62K
    Population Growth (5Y) +12.9%
    Median Household Income $70,391
    College Educated 14.4%

    High-Yield Neighborhoods for Investment

    Identify Kalispell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    59901 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.95%
    Property Tax per SF $10.29 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Flathead County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Kalispell fall within the 25,000 to 50,000 square foot range.

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