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$3,650,000

821 7th Street W, Columbia Falls MT, 59912

Built in1977
Property typeMulti-family

Overview

Pending

Active Under Contract

Listed Jun 26, 2026

Updated 32h ago

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 26 one-bedroom/one-bath units and 6 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.

$24,284/mo

Est. mortgage payment based on a $3,650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$29,970
Tax Frequency
Annually

 

Courtesy of Jessie Eagen, Eagen Real Estate

Based on information from Big Sky Country MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Montana Property Brokers shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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