128 E Evergreen Dr
Kalispell, MT 59901
Evergreen
3 Beds
4 Baths
26,631 sqft (on 1.56 acres)
3 Beds
4 Baths
26,631 sqft
(on 1.56 acres)
Local Information
© Google
-- mins to
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.
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.
Home Highlights
Parking
No Info
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$392
Listed
79 days ago
Home Details for 128 E Evergreen Dr
|
|---|
MLS Status: Active |
|
|---|
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 4 |
Appliances & Utilities Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, WasherDishwasherDryerLaundry: Washer Hookup,In UnitMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Wall FurnaceHas CoolingHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Levels: Three Or More |
|
|---|
Exterior Home Features Patio / Porch: PatioFoundation: Poured |
Parking & Garage No CarportNo Garage |
Frontage Not on Waterfront |
Farm & Range Not Allowed to Raise Horses |
|
|---|
Days on Market: 79 |
|
|---|
Year Built Year Built: 2023 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, ApartmentArchitecture: Modern |
Building Building Name: Kalispell LoftsNot a New Construction |
Property Information Parcel Number: 07396604129300000 |
|
|---|
Price List Price: $10,450,000Price Per Sqft: $392 |
|
|---|
Direction & Address City: Kalispell |
|
|---|
Listing Agent Listing ID: 30065468 |
|
|---|
Building Area Building Area: 26631 Square Feet |
|
|---|
Not Senior Community |
|
|---|
Lot Area: 1.56 Acres |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Agreement Type: Exclusive Right To Sell |
|
|---|
Mls Number: 30065468Living Area Range Units: Square Feet |
Last check for updates: about 3 hours ago
Listing courtesy of James W Williamson, (406) 270-2121
Silvercreek Realty Group LLC - MT
Source: MRMLS, MLS#30065468
Also Listed on MRMLS.
Price History for 128 E Evergreen Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 02/17/2026 | $10,450,000 | Listed For Sale | MRMLS #30065468 |
| 11/01/2025 | $10,450,000 | ListingRemoved | MRMLS #30050909 |
| 08/12/2025 | $10,450,000 | PriceChange | MRMLS #30050909 |
| 06/10/2025 | $10,950,000 | Listed For Sale | MRMLS #30050909 |
| 04/20/2021 | -- | Sold | MRMLS #22017118 |
| 01/19/2021 | ListingRemoved | MRMLS | |
| 10/26/2020 | $250,000 | Listed For Sale | Agent Provided |
Similar Homes You May Like
- Results are loading
New Listings near 128 E Evergreen Dr
2.35 ACRESJoy Kendall, Engel & Völkers Western Frontier - Missoula, Active- 55.76 ACRESBen Vanhelden, PureWest Real Estate - Kalispell, Active
See more homes for sale inKalispell
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $54,164 |
| Assessment | $6,011,000 |
Home facts updated by county records
Comparable Sales for 128 E Evergreen Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | - | 10/22/25 | 36 | 24 | 14,400 | |
0.66 | Multi-Family Home | - | 10/01/25 | 14 | 6 | 5,500 | |
2.38 | Multi-Family Home | - | 09/25/25 | 5 | 3 | 1,944 | |
2.83 | Multi-Family Home | - | 10/03/25 | 3 | 4 | 2,510 | |
2.72 | Multi-Family Home | - | 05/30/25 | 3 | 5 | 1,984 | |
2.69 | Multi-Family Home | - | 10/08/25 | 3 | 2 | 1,696 | |
2.76 | Multi-Family Home | - | 11/04/25 | 8 | 4 | 3,632 | |
2.50 | Multi-Family Home | - | 05/14/25 | 4 | 2,344 | ||
3.03 | Multi-Family Home | - | 02/27/26 | 6 | 3 | 3,600 | |
3.05 | Multi-Family Home | - | 01/28/26 | 8 | 6 | 5,448 |
Assigned Schools
These are the assigned schools for 128 E Evergreen Dr.
- East Evergreen School
- PK-4
- Public
- 360 Students
4/10GreatSchools RatingParent Rating AverageMy kids have been gong here for 2 years now and it has been amazing. My son learns differently then the other students and his teacher and many others have gone over and beyond to help him learn and its just been amazing!!Parent Review6y ago - Evergreen 7-8
- 5-8
- Public
- 291 Students
6/10GreatSchools RatingParent Rating AverageTeachers and administrators have a real zeal to see their students succeed and do all possible to see them thru, they also have a scholarship program for all college bound students that graduate 8 th grade there. very niceOther Review9y ago - Glacier High School
- 9-12
- Public
- 1475 Students
5/10GreatSchools RatingParent Rating AverageWe absolutely love this school! They have a wonderful outdoor classes program that allows the kids to learn archery, basic life skills, go skiing, hiking, rafting and fishing and more! I couldn't recommend this school more. The teachers are kind and we have felt very welcomed here!Parent Review1y ago 
Check out schools near 128 E Evergreen Dr.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Evergreen
At least 1 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say it's walkable to restaurants
100 % Say parking is easy
100 % Say car is needed
100 % Say streets are well-lit
100 % Say kids play outside
100 % Say they plan to stay for at least 5 years
100 % Say there's holiday spirit
100 % Say yards are well-kept
100 % Say it's walkable to grocery stores
50 % Say there are community events
50 % Say neighbors are friendly
50 % Say there are sidewalks
50 % Say it's quiet
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
James W Williamson, Silvercreek Realty Group LLC - MT
Agent Phone: (406) 270-2121
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.