$10,450,000
3 Beds
4 Baths
26,631 sqft (on 1.56 acres)
128 E Evergreen Dr, Kalispell, MT 59901
Est. Mortgage $60,724/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2023
1.56 acre lot
$392/sqft
Local Information
- Map ViewExplore the area around 128 E Evergreen Dr.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 2 hours ago
Listing courtesy of James W Williamson, (406) 270-2121
Silvercreek Realty Group LLC - MT
Source: MRMLS, MLS#30065468
Also Listed on MRMLS.
Home Details for 128 E Evergreen Dr
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MLS Status: Active Under Contract |
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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 |
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Exterior Home Features Patio / Porch: PatioFoundation: Poured |
Parking & Garage No CarportNo Garage |
Frontage Not on Waterfront |
Farm & Range Not Allowed to Raise Horses |
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Days on Market: 180+ |
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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 |
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Price List Price: $10,450,000Price Per Sqft: $392 |
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Direction & Address City: Kalispell |
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Listing Agent Listing ID: 30065468 |
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Building Area Building Area: 26631 Square Feet |
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Not Senior Community |
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Lot Area: 1.56 Acres |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To Sell |
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Mls Number: 30065468Living Area Range Units: Square Feet |
Around this home
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 there's wildlife
100 % Say it's walkable to grocery stores
67 % Say it's quiet
50 % Say there are community events
50 % Say there are sidewalks
50 % Say neighbors are friendly
50 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
Market trends in Kalispell
Last updated August 2026
Avg. sale price
$593K
$16.64KMoM
Sale-to-List Price
—
Price per sq ft
$330
$4MoM
Available listings
514
32MoM
Home Value
Trulia Estimate
$9.3MSince last month
Increased$32K (+0.3%)Since last year
Decreased$449K (-4.6%)Since last sale
Increased$9M (+5,068.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -5% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $9.3M |
| August 2026 | $9.27M |
| July 2026 | $9.15M |
| May 2026 | $9.33M |
| April 2026 | $9.33M |
| March 2026 | $9.39M |
| February 2026 | $9.75M |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | |
0.95 | Multi-Family Home | - | 07/10/26 | 4 | 2 | 1,803 | |
1.97 | Multi-Family Home | - | 07/09/26 | 2 | 1 | 23,256 | |
2.38 | Multi-Family Home | - | 09/25/25 | 5 | 3 | 1,944 | |
2.83 | Multi-Family Home | - | 10/03/25 | 3 | 4 | 2,510 | |
2.49 | Multi-Family Home | - | 07/23/26 | 4 | 2 | 1,946 | |
2.69 | Multi-Family Home | - | 10/08/25 | 3 | 2 | 1,696 | |
2.76 | Multi-Family Home | - | 11/04/25 | 8 | 4 | 3,632 | |
2.93 | Multi-Family Home | - | 05/27/26 | 4 | 3 | 2,096 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | - | 3 | 2 | 1,216 | Off Market | |
0.08 | $129,300 | 2 | 2 | 924 | Off Market | |
0.08 | $165,000 | 3 | 2 | 1,216 | For Sale | |
0.14 | $120,000 | 2 | 2 | 1,216 | For Sale | |
0.17 | $381,800 | 5 | 2 | 2,408 | Off Market | |
0.19 | - | 4 | 2 | 2,111 | Recently Sold | |
0.20 | $405,700 | 4 | 1 | 2,063 | Off Market | |
0.21 | $448,500 | 3 | 2 | 2,464 | Off Market | |
0.17 | - | 36 | 24 | 14,400 | Off Market | |
0.19 | $349,200 | 3 | 3 | 2,193 | Off Market | |
0.24 | $481,500 | 3 | 2 | 2,748 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 17, 2026 Source: MRMLS #30065468 | Listed For Sale | $10,450,000 |
Nov 1, 2025 Source: MRMLS #30050909 | ListingRemoved | $10,450,000 |
Aug 12, 2025 Source: MRMLS #30050909 | PriceChange | $10,450,000 Price decreased by 5% |
Jun 10, 2025 Source: MRMLS #30050909 | Listed For Sale | $10,950,000 |
Apr 20, 2021 Source: MRMLS #22017118 | Sold | -- |
Jan 19, 2021 Source: MRMLS | ListingRemoved | |
Oct 26, 2020 Source: Agent Provided | Listed For Sale | $250,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $54,164 | $6,011,000 |
Home facts updated by county records
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.
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Frequently asked questions about 128 E Evergreen Dr
- What is the estimated monthly payment for 128 E Evergreen Dr?Based on a $10,450,000 list price with 20% down at today's rates, the estimated monthly payment for 128 E Evergreen Dr in Kalispell, MT is approximately $61,567 (about $57,138 principal & interest, $4,354 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 128 E Evergreen Dr compare to homes in Kalispell?128 E Evergreen Dr in Kalispell, MT is listed at $10,450,000, about 1661% above the $593K median sale price in Kalispell.
- What are the closest schools to 128 E Evergreen Dr?The closest schools to 128 E Evergreen Dr in Kalispell, MT are East Evergreen School (Pre-K/Elementary, rated 5/10), Evergreen 7-8 (Elementary/Middle, rated 6/10), Glacier High School (rated 5/10).
- What is 128 E Evergreen Dr estimated to be worth?Trulia's estimated value for 128 E Evergreen Dr in Kalispell, MT is $9,302,700.
- Does 128 E Evergreen Dr have air conditioning?Yes, 128 E Evergreen Dr in Kalispell, MT has air conditioning.
- Does 128 E Evergreen Dr have laundry facilities?Yes, 128 E Evergreen Dr in Kalispell, MT has in-unit laundry.