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Street View
$10,450,000
Monthly Est:$52,013
3 Beds
4 Baths
26,631sqft
128 E Evergreen Dr, Kalispell, MT 59901
$10,450,000
$52,013/moEst:
Get Pre-Approved
Apartment
Built in 2023
$-- HOA
1.56 acres lot
$392/sq.ft
Description
Stabilized 45-Unit Multifamily Investment in Kalispell, Montana |
Offered at $10,450,000 | 100% Occupancy | 6.32% Cap Rate |
An exceptional opportunity to acquire a high-performing, stabilized 45-unit apartment community in the thriving market of Kalispell, Montana. With a current occupancy of 100% and a solid 6.32% cap rate, this asset offers immediate income and long-term value in a region known for strong rental demand and economic growth.
The property features a desirable mix of studio, one-bedroom, and two-bedroom units, designed to attract a diverse tenant base. Each unit offers functional layouts and well-maintained interiors, with professional management in place to ensure smooth operations.
A compelling opportunity for both seasoned investors and new entrants to the multifamily market.
- Houzeo last checked: 5 hours ago
- Listing updated: August 7, 2026 at 5:00 pm
- Listing Provided by: James W Williamson (406) 270-2121 DRE #RRE-BRO-LIC-62214 | Silvercreek Realty Group LLC - MT (406) 479-7770
- Source: Montana Regional MLS-MT | MLS#: 30065468
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
2023
HOA Fees
-
Finished Area
26,631 sqft
Lot Size
1.56 acres lot
Basement Area
- sqft
MLS Name
Montana Regional MLS
MLS Number
30065468
MLS Status
ActiveUnderContract
Days on Market
234
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 4
Interior
Appliances
Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Heating
Wall Furnace
Construction
Year Built
Year Built: 2023
Home type
Apartment
Foundation Details
Poured
Architectural Style
Modern
Utilities & Energy
Laundry Features
Washer Hookup, In Unit
Other Features
Patio And Porch Features
Patio
Price History
| Date | Event | Price |
|---|---|---|
07/23/2026 Source: | Contingent (Active Under Contract) | $10,450,000 $392/sqft |
04/10/2026 Source: | Listed for Sale | $10,450,000 $392/sqft |
03/10/2026 Source: | Contingent (Active Under Contract) | $10,450,000 $392/sqft |
06/10/2025 Source: | Off Market | $10,450,000 -4.57% $392/sqft |
06/10/2025 Source: | Listed for Sale | $10,950,000 +4.78% $411/sqft |
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Based on information from the Montana Regional MLS, LLC (alternatively, from MRMLS)through Oct 09, 2026, 02:30PM. IDX information is provided exclusively for consumers(U+0027) personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MRMLS.
Advertising Broker: Jared Andrew English | Congress Realty, Inc