146 Iowa Avenue, Whitefish, MT 59937
Local realty services provided by:ERA Lambros Real Estate
146 Iowa Avenue,Whitefish, MT 59937
$1,980,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: mary pat love, angie friedner
Office: glacier sotheby's international realty whitefish
MLS#:30068912
Source:MT_NMAR
Price summary
- Price:$1,980,000
About this home
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....
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Home facts
- Year built:1972
- Listing ID #:30068912
- Added:105 day(s) ago
- Updated:August 04, 2026 at 02:11 PM
Rooms and interior
- Kitchen Description:Range, Refrigerator
- Basement:Yes
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1972
- Lot area:0.3 Acres
- Lot Features:Level
- Architectural Style:Ranch
- Construction Materials:Vinyl Siding, Wood Frame
- Exterior Features:Breezeway
- Foundation Description:Poured, Slab
Finances and disclosures
- Price:$1,980,000
- Tax amount:$5,218 (2025)
Features and amenities
- Appliances:Range, Refrigerator
Parking
- Garage:Yes
- Garage spaces:4
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