504 5th Ave W, Kalispell, MT 59901

This 5-unit apartment building is full of potential and ready for its next chapter! Featuring two 2-bedroom, 1-bath units (640 sq. ft. each) and three 1-bedroom, 1-bath units (530 sq. ft. each), this property offers solid rental income possibilities. In the past five years, units 512 and 520 have received new flooring and kitchen stoves, with unit 512 also featuring a new refrigerator and updated bathtub. All units—except 520—have new furnaces, offering key improvements for future owners. Each unit also includes a dedicated storage space in the basement, providing added convenience for tenants. With some additional updates and improvements, this could be an excellent long-term investment. Alternatively, the generous lot and prime downtown Kalispell location make it a strong candidate for redevelopment. Just blocks from restaurants, shopping, and all the amenities of downtown, this property is ideal for those looking to renovate and hold—or create something new with incredible upside.