Investment Property for Sale at 811 8th Avenue W in Kalispell, MT for $2,475,000

811 8th Avenue W | Kalispell

$2,475,000

Turnkey Multi-Family Investment – 811 & 821 8th Avenue and 728 8th St. West - Kalispell, MT This fully leased 17-unit investment property offers immediate cash flow and long-term upside in the growing Kalispell market. The property includes two well-maintained 8-plex apartment buildings along with a standalone single-family residence. Each of the 16 apartment units features 2 bedrooms, 1 bathroom, and over 750 square feet of living space. The single-family home includes 2 bedrooms, 1 bathroom, and 1,144 square feet. With a proforma cap rate of 6.6% and solid rental history, this asset is ideal for investors seeking stability in an established residential neighborhood. Financial statements are available upon request with a signed non-disclosure agreement. A rare opportunity to acquire a fully occupied, multi-building rental property in the heart of the Flathead Valley. MTR 30049611

Directions to property: From downtown Kalispell, head east on US-2/East Idaho Street. Turn right onto 7th Avenue E, then left onto 7th Street E. Continue a few blocks and turn right onto 8th Avenue E. The property will be on your right at 811 8th Avenue.

MLS Listing ID: 
MTR 30049611
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$2,475,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Kalispell
Address: 
811 8th Avenue W, Kalispell, MT 59901, US
County: 
Flathead
Latitude: 
48.1888040
Longitude: 
-114.3222418
Building Details
Details about the building on a property.
Architectural Style: 
Other
Year Built: 
1977
New Construction: 
0
Construction
Foundation Details: 
Poured
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air, Gas
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.65
Lot Size (Area): 
28,401
Waterfront: 
0
Lot Features
Garage: 
0
Public Record
Parcel Number: 
07396618312090000
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Jessie M Eagen
Listing Office Name: 
Eagen Real Estate