146 Iowa AVE, Whitefish, MT 59937
146 Iowa AVE, Whitefish, MT 59937
146 Iowa AVE, Whitefish, MT 59937
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$1,980,000
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0.31 Acres Lot
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146 Iowa AVE Whitefish, MT 59937

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Jim Riley

Jim Riley

+1(949) 228-0097

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Key Details

Property Type Commercial

Sub Type Building/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 30077304

HOA Y/N No

Annual Tax Amount $5,218

Tax Year 2025

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Building/Land

Property Description

OWNER FINANCING AVAILABLE! A rare opportunity to acquire an entire four-unit condominium building in Whitefish's established City Beach neighborhood, offered as a single transaction. Each 2-bedroom, 1-bath residence offers approximately 840 square feet of low-maintenance living space, just a short walk to downtown Whitefish and Whitefish Lake's City Beach. All four units are currently leased, generating combined gross rents of $7,450 per month (approximately $89,400 annually), with additional income from on-site coin laundry and garage rentals. Recent capital improvements include new garages built in 2022, a new roof in 2023, freshly painted exteriors in 2024, and updated interior paint throughout, making this a turnkey, income-producing asset from day one. Because each unit is individually deeded, a future owner retains the flexibility to sell the residences separately down the road, an added layer of long-term optionality beyond the rental income. The 0.3-acre lot also carries WR-4 high-density multi-family zoning with meaningful room to grow: the south side can accommodate two additional garages plus one new condo unit, and the north side has room for two garages with two condo units above, up to three more residences and four more garages achievable over time. For an investor seeking scale, in-place cash flow, and future upside in one of Montana's best mountain towns, this is the kind of opportunity that seldom reaches the open market. This is also listed in MLS as a Multi-family property MLS #30068912

Location

State MT

County Flathead

Community Playground, Park

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Parking Features On Street

Community Features Playground, Park

Utilities Available Electricity Connected, High Speed Internet Available

Water Access Desc Public

View Residential

Roof Type Composition

Road Frontage City Street

Total Parking Spaces 4

Garage No

Building

Lot Description Front Yard, Level

Foundation Poured

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

Others

Tax ID 07429225322017001

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Special Listing Condition Standard

Listed by Glacier Sotheby's International Realty Whitefish

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Jim Riley

Jim Riley

Agent

+1(949) 228-0097

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146 Iowa AVE