Investment Property for Sale at 504 5th Avenue W in Kalispell, MT for $299,000

504 5th Avenue W | Kalispell

$299,000

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. MTR 30054861

Directions to property: Head south on main st, turn right onto 5th St W, turn left onto 5th Ave W, property is on the corner of 5th st and 5th ave

MLS Listing ID: 
MTR 30054861
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$299,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Kalispell
Address: 
504 5th Avenue W, Kalispell, MT 59901, US
County: 
Flathead
Latitude: 
48.1923540
Longitude: 
-114.3195010
Building Details
Details about the building on a property.
Architectural Style: 
Other
Year Built: 
1947
New Construction: 
0
Construction
Foundation Details: 
Poured, Basement
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: 
0.17
Lot Size (Area): 
0.17
View: 
Residential, Trees/Woods
Waterfront: 
0
Lot Features
Garage: 
0
Public Record
Parcel Number: 
07396618120030000
Property Zoning: 
Residential
Contract Details
Details about the listing contract.
Possession: 
Close Of Escrow
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Trent Cook
Listing Office Name: 
Beckman's Real Estate