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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0.3 Acres Lot
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146 Iowa AVE Whitefish, MT 59937

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 30068912

Style Ranch

HOA Y/N No

Year Built 1972

Annual Tax Amount $5,218

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Quadruplex

Property Description

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.

Location

State MT

County Flathead

Zoning Multi-Family

Rooms

Basement None

Interior

Interior Features Main Level Primary

Heating Wall Furnace

Fireplace No

Appliance Range, Refrigerator

Laundry Common Area, Washer Hookup

Exterior

Exterior Feature Breezeway

Garage Spaces 4.0

Utilities Available Electricity Connected

Water Access Desc Public

Roof Type Composition

Topography Level

Street Surface Asphalt

Road Frontage City Street

Garage Yes

Building

Lot Description Level

Dwelling Type Quadruplex

Entry Level One

Foundation Poured, Slab

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

Structure Type Vinyl Siding,Wood Frame

New Construction No

Others

Pets Allowed Cats OK, Dogs OK

Senior Community No

Tax ID 07429225322017001

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK


Listed by Glacier Sotheby's International Realty Whitefish

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146 Iowa AVE