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RE/MAX Mountain View

Real Estate in Columbia Falls Montana

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821 7th Street W, Columbia Falls, MT 59912 (MLS # 30073773)

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Price $3,650,000
Status Active
Beds 0
Baths 0 Bath
Home size 22,359 sqft
Lot Size 2.13 ac
Days on Market 26
Mountain View Court Apartments presents a rare opportunity to acquire a well-maintained 32-unit multifamily investment property in the rapidly growing community of Columbia Falls, Montana. Located at 821 7th Street West, the property consists of four garden-style 8-plex apartment buildings situated on approximately 2.13 acres with mature landscaping, generous surface parking, and a low-density residential setting. The unit mix includes 24 one-bedroom/one-bath units and 8 two-bedroom/one-bath units, offering a desirable mix that continues to experience strong demand in the Columbia Falls rental market. For many years, Mountain View Court operated under the USDA Rural Development affordable housing program, which restricted rental rates and influenced the property's operations. Those program restrictions have now expired, creating a compelling value-add investment opportunity. A new owner has the ability to gradually transition rents toward market levels as units become available while also identifying opportunities to improve operational efficiencies and enhance long-term cash flow. Columbia Falls continues to experience strong population and employment growth driven by its proximity to Whitefish, Kalispell, Glacier Park International Airport, and Glacier National Park. Combined with the Flathead Valley's limited housing inventory and continued demand for quality rental housing, Mountain View Court is well positioned for long-term appreciation and income growth. Offering immediate in-place cash flow, below-market rents with meaningful upside potential, and institutional-scale ownership in one of Montana's strongest multifamily markets, Mountain View Court Apartments represents an exceptional investment opportunity for both private and institutional investors. Buyer to verify all property information, financial information, income, expenses, square footage, zoning, and intended use to their own satisfaction. *More pictures including interior shots will be coming in a few days.
Property Type(s): Multi Family
Year Built 1977 County Flathead

Additional Details

HEAT Baseboard, Electric
LOT 2.13 acre(s)
LOT DIMENSIONS 92783
TAXES 29970
ZONING 1
 

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Listing provided by: Jessie M Eagen, Eagen Real Estate | 821 7th Street W
IDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

This IDX solution is (c) Diverse Solutions 2026.

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RE/MAX Mountain View Real Estate

610 9th Street West Columbia Falls, MT 59912
Phone: 892-3000
Fax 406-892-3202
Email: rmvinfo@viewmontana.com
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RE/MAX Mountain View Real Estate


610 9th Street West, Columbia Falls, MT 59912

Give us a call at 892-3000 or send us an email.