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, 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 6.65% cap rate, desirable in-town location, and upside potential, this is a compelling opportunity for investors seeking both stable performance and future growth.

MT MRMLS

Based on information submitted to Montana Regional MLS as of May 28, 2026 7:37 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 716 1st Avenue W

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Susie Alper

Jill Holland

The Dynamic Duo

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Property Details of 716 1st Avenue W

Property Details

Basic Information

Building

Location

Finance

Interior Features

Basement

Map Location

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