Under contract

Active Under Contract

121 Iowa Avenue

Whitefish MT, 59937

$5,450,000


$327.84 per sqft

Under contract

Active Under Contract

16,624 sqft

Commercial

Built in 2002

Unique INVESTMENT OPPORTUNITY in CITY BEACH, WHITEFISH!
Located minutes from Whitefish Mountain Resort and walking distance to Whitefish Lake, this 32-condo complex offers exceptional investment potential.

Key Highlights:

32 Units Total: 30 1-bed/1-bath condos, 1 3-bed/2-bath unit, and 1 laundry room.

Steady Cash Flow: 28 units are leased, with strong rental demand and minimal vacancy.

Renovations: Units 3B & 3I remodeled and other units, adding significant value.

Additional Income: Laundry room (Unit 3J) with 4 coin-operated washers and dryers.

Prime Location: Minutes to Whitefish Mountain Resort, steps to Whitefish Lake, and walking distance to downtown.

Ample Parking: 61 parking spots plus 8-car heated garage.

HOA Transfer: HOA presidency transfers to the buyer.

Don't miss this investment in a high-demand area!
PLEASE READ ALL THE DOCUMENTS POSTED ON THE MLS
Contact Derek Joseph (406) 607-5377 or your real estate professional Assessor #s for 32 Condos: 0008822, 0008824, 0008825, 0008826, 0008827, 0008829, 0008830, 0008832, 0008833,0008834,0008835,0008836,0008837,0008838,0008839, 0008841, 0008842, 0008843, 0008844, 0008845, 0008846, 0008847, 0008848, 0008849, 0008851, 0008852, 0008853, 0008854, 0008855, 0008856, 0008857, 0008861

30026408

MLS ID

May 28, 2024

Listed

February 19, 2025

Updated

Interior Features

Laundry Description

Coin-operated


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard, Electric, Radiant

Exterior/Building Features

Lot Size

1.03 Acres


Exterior Features

See Remarks


Roof

Metal


Sewer

Public Sewer


Security

Smoke Detector(s)


Window

Window Coverings

Other Property Details

Taxes

$47,475


Tax Frequency

Annually


Days on Market

267


Garage

No


Parking

Additional Parking, Heated Garage


View

Yes


View Description

Mountain(s), Ski Area


County

Flathead


Water Source

Public


Pool

No


Utilities

Cable Available, Electricity Connected, High Speed Internet Available, Separate Meters

Listing History

Date

Event

Price

2/19/2025

Under contract

2/11/2025

Active

10/10/2024

Under contract

10/2/2024

Active

8/21/2024

Under contract

7/11/2024

Price change

$5,450,000

-21%

Courtesy of PureWest Real Estate - Whitefish

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Heather Imig shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 Montana Regional MLS. All rights reserved. 

 

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