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 Heidi Lane shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Montana Regional MLS. All rights reserved.