121 Iowa Avenue, Whitefish, MT 59937

$3,225,000

Bathrooms:
Sq. Ft.: 7,350
Type: Commercial
Request Information
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! The Listing Agent is related to the Seller. Showings are subject to tenants' rights; a minimum of 48 hours is required. 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.
Property Features
Location Information
County: Flathead
Latitude: 48.41629575
Longitude: -114.34337949
Directions: North on Baker Avenue, left onto Edgewood, then turn right onto Iowa Avenue. 121 Iowa Avenue will be on the right.
Interior Features
Interior: Open Floorplan
Heating: Baseboard, Electric
Basement Description: None
Has Basement: No
Exterior Features
Construction: Vinyl Siding, Wood Frame
Foundation: Slab
Water Source: Public
Septic or Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Phone Available
Security Features: Smoke Detector(s)
Parking Description: Additional Parking
Fencing: None
Lot Features: Sprinklers In Ground, See Remarks, Level
Topography: Level
Lot Size in Acres: 0.003
Lot Size in Sq. Ft.: 123
Zoning: WR-4
Building Total Area (Sq. Ft.): 7,350
Road Description: City Street, Asphalt
View Description: Mountain(s), Residential, Ski Area
School
High School District: District No. 44
Additional Information
Property Type: COM
Property SubType: Building/Land
Year Built: 2002
Status: Active
Tax Year: 2025
Tax Amount: $17,644.94


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Seller's Representative: Sean D Averill, PureWest Real Estate Whitefish

Logo
Copyright 2020 Montana Regional MLS. All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the Montana Regional MLS.
Montana Regional data last updated at October 26, 2026, 9:48 AM MT