146 Iowa Ave, Whitefish, MT

Name: 146 Iowa Ave, For Sale in Whitefish - Zoocasa
Brand: Glacier Sotheby's International Realty Whitefish
SKU: 30077304
Price: 1980000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,980,000

004

MLS® 30077304

Overview

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes $5,218

Days Active 7

Lot Size 0.31 Acres

Approx. Age

MLS® Number 30077304

Property Address: 146 Iowa Ave, Whitefish, MT, 59937-2381

Average square foot calculated using Size range provided by listing agent.

Description

OWNER FINANCING AVAILABLE! 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. This is also listed in MLS as a Multi-family property MLS #30068912

MLS® Number30077304

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

DrivewayOn Street

Garage Spaces

Heat

A/C

Extras

Map

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