Mountain View Court Apartments presents a rare opportunity to acquire a well-maintained 32-unit multifamily investment property in the rapidly growing community of Columbia Falls, Montana. Located at 821 7th Street West, the property consists of four garden-style 8-plex apartment buildings situated on approximately 2.13 acres with mature landscaping, generous surface parking, and a low-density residential setting. The unit mix includes 26 one-bedroom/one-bath units and 6 two-bedroom/one-bath units, offering a desirable mix that continues to experience strong demand in the Columbia Falls rental market. For many years, Mountain View Court operated under the USDA Rural Development affordable housing program, which restricted rental rates and influenced the property's operations. Those program restrictions have now expired, creating a compelling value-add investment opportunity. A new owner has the ability to gradually transition rents toward market levels as units become available while also identifying opportunities to improve operational efficiencies and enhance long-term cash flow.
Columbia Falls continues to experience strong population and employment growth driven by its proximity to Whitefish, Kalispell, Glacier Park International Airport, and Glacier National Park. Combined with the Flathead Valley's limited housing inventory and continued demand for quality rental housing, Mountain View Court is well positioned for long-term appreciation and income growth. Offering immediate in-place cash flow, below-market rents with meaningful upside potential, and institutional-scale ownership in one of Montana's strongest multifamily markets, Mountain View Court Apartments represents an exceptional investment opportunity for both private and institutional investors. Buyer to verify all property information, financial information, income, expenses, square footage, zoning, and intended use to their own satisfaction.
Pending
$3,650,000
821 7th St W, Columbia Falls, MT 59912
8beds
5baths
--sqft
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Low-density residential settingGenerous surface parking
- 133 days
- 11
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jessie Eagen 406-880-3900,
Eagen Real Estate
Source: Big Sky Country MLS,MLS#: 412641Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Baseboard, Electric
Cooling
- None
Interior area
- Finished area above ground: 0
Property
Parking
- Parking features: Common
Features
- Levels: One
- Stories: 1
Details
- Parcel number: 0000914650
- Zoning description: Call Listing Agent for Details
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1977
Utilities & green energy
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Columbia Falls
Financial & listing details
- Annual tax amount: $29,970
- Date on market: 6/26/2026
- Cumulative days on market: 34 days
- Listing terms: Cash,3rd Party Financing
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Pending sale | $3,650,000 |
Source: Big Sky Country MLS #412641 Report a problem | ||
| 6/25/2026 | Listed for sale | $3,650,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




