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  • Price cut: $500K (8/12)
    $10,450,000

    128 E Evergreen Dr, Kalispell, MT 59901

    3beds
    4baths
    26,631sqft
    : 
    Multi Family, Apartment
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $392/sqft
    $-- HOA

    What's special

    Functional layoutsWell-maintained interiors
    Stabilized 45-Unit Multifamily Investment in Kalispell, Montana | Offered at $10,450,000 | 100% Occupancy - July 2025 | 6% Historic 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% 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.
    80 days
    on Zillow
    |
    301
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 13, 2025 at 04:49pm

    Listed by:

    James W Williamson 406-270-2121,

    Silvercreek Realty Group LLC - MT

    Source: MRMLS,MLS#: 30050909MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 128 E Evergreen Dr.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    Heating
    • Wall Furnace
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
    • Laundry: Washer Hookup, In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 26,631
    • Total interior livable area: 26,631 sqft

    Property

    Features
    • Levels: Three Or More
    • Patio & porch: Patio
    Lot
    • Size: 1.56 Acres
    Details
    • Parcel number: 07396604129300000
    • Zoning: Business
    • Zoning description: B-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Modern
    • Property subtype: Multi Family, Apartment
    Materials
    • Foundation: Poured
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 2023

    Community & HOA

    Location
    • Region: Kalispell

    Financial & listing details

    • Price per square foot: $392/sqft
    • Tax assessed value: $279,123
    • Annual tax amount: $2,765
    • Date on market: 6/10/2025
    • Cumulative days on market: 81 days
    • Listing agreement: Exclusive Right To Sell
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