Detached two-car garageShared laundry in basementCharming shared yard
SELLER FINANCING AVAILABLE! Investment triplex just one block off Main Street in the heart of downtown Kalispell. Located near Flathead County Courthouse and city parks, this multifamily property is ideally positioned for consistent tenant demand and long-term appreciation. Invest in one of Montana's most steadily growing markets with a documented 99% occupancy rate and strong rental history.
The property features a total of three units: two ground-floor 1-bedroom, 1-bath apartments currently renting for $1,295/month each, plus a basement unit with a 3/4 bath renting for $995/month. Tenants enjoy a charming shared yard and shared laundry in basement, adding to the property’s rental appeal and retention.
A detached two-car garage provides additional flexibility. Investors will also appreciate the unfinished portion of the basement, presenting opportunity for added value, storage income, or future expansion possibilities.
With a strong 7.1% cap rate, desirable in-town location, and upside potential, this is a compelling opportunity for investors seeking both stable performance and future growth.
Negotiable owner finance option with $250,000 down at 7% for 5 years with balloon payment.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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