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Listing view 3

121 Iowa Avenue #Building 2 (14 units), 
Whitefish, MT 59937

$3,225,000


—

Bed


—

Bath


7,350

Sq Ft


Multi-Family

Active

Listed by

Sean D Averill

Purewest Real Estate - Whitefish

406-862-4900

Last updated:

October 20, 2026, 09:39 PM

MLS#

30079542

Source:

MT NMAR

About This Home

121 Iowa Avenue #Building 2 (14 units)

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! 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. Listing agent related to Seller.

Home Facts

Multi-Family

Built in 2002

Price Summary

3,225,000

$438 per Sq. Ft.

MLS #:

30079542

Last Updated:

October 20, 2026, 09:39 PM

Added:

6 day(s) ago


Rooms & Interior

Interior

Living Area:

7,350 Sq. Ft.


Structure

Structure

Building Area:

7,350 Sq. Ft.

Year Built:

2002


Lot

Lot Size (Sq. Ft):

130


Finances & Disclosures

Finances

Price:

$3,225,000

Price per Sq. Ft:

$438 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.