Prime Multi-Unit Investment Opportunity – Graham Estate, Kalispell, MT
Presenting a versatile multi-property investment portfolio located in a high-demand area of Kalispell, Montana. This offering includes 2 income-producing duplexes plus two single family residences. One home offers B-2 commercial-zoning for use as residential income or as a business with highway frontage. Located on 1.08 acres landscaped lot in ever growing Evergreen Montana. Fully leased, these properties present strong rental income potential with recent renovations and long-term appeal. See supplemental remarks for full details. Do not miss this rare chance to secure a diversified property package in a growing market. Call for details and financials. 2442 Hwy 2 E – B-2 Zoned with Hwy Frontage 4 / 1.5 Bath | 2,205 SF (1,260 SF Upper Finished, 945 SF Lower Finished –2 bedrooms with non-egress bedrooms)
Built 1948 | Effective Year 1995
Original hardwood floors, gas forced air, 2022 roof, stucco exterior
Detached 384 SF garage,
Kitchen with cooktop, dishwasher, refrigerator and washer/dryer
Current rents$2300/month
18 Terry Road – Red Duplex
2 Units | Each 2 Bed / 1 Bath | Total 1,728 SF
Single-car garage per unit, electric baseboard heat, full kitchens
Remodeled 2021, W/D hookups
Current rents: $1,200 (upper), $1,450 (lower)
443 Judith Road – Grey-Blue Duplex
2 Units | Each 2 Bed / 1 Bath | Total 1,632 SF
Gas forced air, W/D hookups, shared yard and deck, garages included
Remodeled 2021 | New windows (2023–2024), updated plumbing
Current rents: $1,450 (upper), $1,200 (lower)
14 Terry Road – Blue House
4 Bed (2 have no egress) / 1 Bath | 880 SF
W/D Hookups,
Detached 1-car garage, landscaped yard, some updates
Currently rented at $1,500/month
Gross rents $109,200/year
Highlights:
• Income-generating properties with upside
• Multiple recent updates: roofs, windows, interiors
• Separately metered utilities, low-maintenance setups
• B-2 zoning on Hwy 2 allows for commercial use/flexibility
• Ideal for 1031 exchange or portfolio expansion
Closed
Price Unknown
2442 Us Highway 2 E, Kalispell, MT 59901
14beds
6baths
5,500sqft
Multi Family, Single Family Residence
Built in 1980
-- sqft lot
$1,042,200 Zestimate®
$--/sqft
$2,008 Estimated rent
Home value
$1,042,200
$928,000 - $1.17M
$2,008/mo
Zestimate® history
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List your homeWhat's special
Landscaped yardHighway frontageLandscaped lotShared yard and deckNew windowsOriginal hardwood floorsGas forced air
Zillow last checked:
Listing updated:
Listed by:
Linda Pistorese 406-752-8883,
Flathead Valley Brokers,
Joe Pistorese 406-471-1626,
Flathead Valley Brokers
Bought with:
Kayla Seaman, RRE-BRO-LIC-118833
Montana Property Brokers
Source: MRMLS,MLS#: 30053319
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 6
Heating
- Baseboard, Electric, Forced Air, Gas, Wall Furnace
Cooling
- Central Air, Wall Unit(s)
Appliances
- Included: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Closet
Features
- Windows: Aluminum Frames, Blinds, Window Coverings, Window Treatments
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 5,500
- Total interior livable area: 5,500 sqft
Property
Parking
- Total spaces: 7
- Parking features: Garage
- Garage spaces: 7
Features
- Levels: Two
- Stories: 1
- Entry location: Terry Rd. and Judith Rd.
- Has view: Yes
- View description: City, Residential
Lot
- Size: 1.08 Acres
- Features: Back Yard, Corners Marked, Front Yard, Landscaped, Level
- Topography: Level
Details
- Parcel number: 07407833201050000
- Zoning: Multi-Family
- Zoning description: B2/ Evergreen Enterprise Overlay
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi-Level,Other,Ranch,Tri-Level
- Property subtype: Multi Family, Single Family Residence
Materials
- Wood Frame
- Foundation: Poured, Basement
- Roof: Composition
Condition
- Updated/Remodeled,See Remarks
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, See Remarks, Well
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Separate Meters, See Remarks
Community & HOA
Community
- Security: Smoke Detector(s), Fire Alarm
- Subdivision: Teigens Ac
Location
- Region: Kalispell
Financial & listing details
- Tax assessed value: $446,400
- Annual tax amount: $6,285
- Date on market: 7/4/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Other
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | -- |
Source:  MRMLS #30053319 Report a problem | ||
| 7/4/2025 | Listed for sale | $1,119,615$204/sqft |
Source: MRMLS #30053319 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,927 -44.3% | $446,400 -10.1% |
| 2024 | $3,459 -32.3% | $496,800 -40% |
| 2023 | $5,107 +27.6% | $828,000 +79.8% |
| 2022 | $4,002 | $460,600 |
| 2021 | $4,002 +14.9% | $460,600 +24.4% |
| 2020 | $3,483 +0.7% | $370,300 |
| 2019 | $3,461 +2% | $370,300 +7.3% |
| 2018 | $3,393 +0.7% | $345,000 |
| 2017 | $3,370 +32.2% | $345,000 +29.7% |
| 2016 | $2,550 | $266,029 |
| 2015 | $2,550 -41.3% | $266,029 -9.3% |
| 2014 | $4,344 +0.3% | $293,174 -2.4% |
| 2013 | $4,331 -7.4% | $300,254 -2.3% |
| 2012 | $4,679 | $307,268 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $62,080 |
| 2007 | -- | $62,080 |
| 2006 | -- | $62,080 |
| 2005 | -- | $62,080 |
| 2004 | -- | $62,080 |
| 2003 | -- | $62,080 +36.9% |
| 2002 | -- | $45,340 -84.5% |
| 2000 | -- | $291,666 |
Find assessor info on the county website
Neighborhood: Evergreen
Nearby homes
- $221,7903 bd1 ba1.2k sqft2442 Us Highway 2 E, Kalispell, MT 59901Off Market
- $405,5003 bd1 ba1.5k sqft12 Terry Rd, Kalispell, MT 59901Off Market
- $315,3002 bd1 ba880 sqft14 Terry Rd, Kalispell, MT 59901Off Market
- $397,5002 bd1 ba984 sqft2436 Us Highway 2 E, Kalispell, MT 59901Off Market
- $7,2102 bd1 ba784 sqft2436 Us Highway 2 E, Kalispell, MT 59901Off Market
- $96,5002 bd1 ba784 sqft2436 Us Highway 2 E, Kalispell, MT 59901Off Market
- $178,700-- bd-- ba-- sqft2442 Us Highway 2 E, Kalispell, MT 59901Off Market
- $5,1002 bd1 ba924 sqft194 Morning View Dr, Kalispell, MT 59901Off Market
Nearby schools
GreatSchools rating
- 6/10Evergreen 7-8Grades: 5-8Distance: 0.7 mi
- 5/10Glacier High SchoolGrades: 9-12Distance: 3.2 mi
- 5/10East Evergreen SchoolGrades: PK-4Distance: 1 mi
Schools provided by the listing agent
- District: District No. 5
Source: MRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,042,200
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+$20,844
With Zillow Showcase(estimated)
$1,063,044
- Montana
- Flathead County
- Kalispell
- 59901
- Evergreen
- 2442 Us Highway 2 E
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