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121 Iowa Avenue, Unit Building 2 (14 units)Whitefish, MT 59937Price: $3,225,000

  • Price: $3,225,000
  • 1 Day on Market
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Federal 30-year interest rate: 7.4% last updated on Oct 15, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,225,000List Price
  • 7,350Square Feet

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Listed by Sean Averill of PureWest Real Estate - Whitefish

Building 2

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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 Details of 121 Iowa Avenue, Unit Building 2 (14 units)

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MT MRMLS

Based on information submitted to Montana Regional MLS as of October 17, 2026 4:36 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

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