Lease

121 Iowa Avenue Building 2 (14 units)

Whitefish, MT 59937

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ActiveMLS® 30079542
$3,225,000
121 Iowa Avenue Building 2 (14 units), Whitefish, MT 59937
Bds Ba 7,350 Sq.Ft. 0.003 Ac
Description

14 individually Deeded Condos, with their own legal and assessor #'s in one building! Prime Investment Opportunity in the Heart of Whitefish! Just minutes from Whitefish Mountain Resort and within walking distance of Whitefish Lake, this 14-unit multifamily property offers a rare chance to acquire a well-established rental asset in one of Montana’s most desirable and rapidly growing resort communities. Built in 2002, the property consists entirely of one-bedroom, one-bathroom units averaging approximately 525 square feet. The efficient floor plans appeal to both long-term residents and tenants seeking seasonal or long-term accommodation. With a proven history of strong rental demand, the property offers flexibility for a variety of investment and rental strategies. A significant value-add opportunity is the fact that all 14 units are individually titled. This unique structure allows investors to sell units individually, creating an additional exit strategy beyond a traditional multifamily disposition. Property amenities include an on-site shared laundry facility, ample off-street parking, and well-maintained grounds situated within a quiet residential pocket of Whitefish. Its central location offers convenient access to downtown Whitefish, Whitefish Lake and City Beach, local restaurants and coffee shops, retail, walking and biking trails, and Whitefish Mountain Resort. Don’t miss the opportunity to invest in a high-demand asset in one of Montana’s premier resort communities! Monthly HOA includes "studs out" and more: roof, siding, Landscaping, Snow Removal, Insurance, Utilities for common areas, Water for all of the units – The City will not allow separate meters, Repairs/Maintenance, Legal & Professional fees. Listing agent related to Seller.

Interior
  • Appliances Dishwasher, Range, Refrigerator
  • Heating Baseboard, Electric
Exterior and Construction
  • Construction materials Vinyl Siding, Wood Frame
  • Style Other
  • Construction Vinyl Siding, Wood Frame, Slab
Utilities
  • Sewer Public Sewer
  • Utilities Cable Available
  • Water Public
Land and Lot
  • Lot size 0.003 acres (123 sq ft)
  • Topography Level
  • View Mountain(s), Residential, Trees/Woods, View
  • Lot description Sprinklers In Ground, See Remarks, Level
Location and Zoning
  • Road/Access City Street
  • Zoning See Remarks
  • Zoning description WR-4
  • County Flathead
Schools
  • School District District No. 44
Tax and Legal
  • Annual tax $17,644.94
  • Tax year 2025
  • Parcel number 07429225327017212
  • Legal description GRIZZLY PEAKS CONDO S2L8 B9 WTC5ACT ADD1, S25, T31 N, R22 W, UNIT 2A, 2B, 2C, 2D, 2E, 2F, 2G, 2H, 2I, 2J, 2K, 2L, 2M, 2N BLDG 2, ASSESSOR# 0000008833, 0008834, 0008835, 0008836, 0008837, 0008838, 0008839, 0008841, 0008842, 0008843, 0008844, 0008845, 0008846, 0008847
Parking and Garage
  • Garage Additional Parking

Listing Information

Listing Agent
Sean D Averill
Listing Office
PureWest Real Estate Whitefish
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