Real Estate Investment Properties for Sale in Columbia Falls, MT

Looking for investment property in Columbia Falls, MT with high ROI ?

Explore a variety of short-term homes & houses in Columbia Falls, MT. Invest wisely with VRBO & Columbia Falls, MT Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Columbia Falls, MT

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
10 Diane Road Columbia Falls, MT Cash-Flowing Multifamily Investment \| 6.76% Cap Rate \| New Construction (2022) -Possible O...	N/A beds \| N/A baths \| N/A	$1,800,000	Airbnb cash on cash: -1.2% Traditional cash on cash: -0.38% Airbnb Rental Income: $942 Traditional Rental Income: $1961 Airbnb ROI: -1.2% Traditional ROI: -0.38%
154 Columbia Range Drive Columbia Falls, MT Montana living made easy! Turnkey vacation home, investment rental property or permanent f...	3 beds \| 4 baths \| 2,172 sq.ft.	$995,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 1.87% Airbnb Rental Income: $1960 Traditional Rental Income: $3045 Airbnb ROI: 0.15% Traditional ROI: 1.87%
2060 Rapids Avenue Columbia Falls, MT This move-in ready, distinguished single-family residence is conveniently located near all...	3 beds \| 3 baths \| 2,020 sq.ft.	$649,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 2.62% Airbnb Rental Income: $1960 Traditional Rental Income: $2660 Airbnb ROI: 0.61% Traditional ROI: 2.62%
185 Kokanee Bend Drive Columbia Falls, MT Incredible 35 acres with development potential on Kokanee Bend. Property currently feature...	4 beds \| 3 baths \| 2,996 sq.ft.	$1,980,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 0.49% Airbnb Rental Income: $2592 Traditional Rental Income: $3167 Airbnb ROI: -0.17% Traditional ROI: 0.49%
153 Oakmont Loop Columbia Falls, MT Turnkey and fully furnished with high-end pieces, this 3BD/3BA, 2,003 sqft townhome with a...	3 beds \| 3 baths \| 2,003 sq.ft.	$785,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 1.79% Airbnb Rental Income: $1960 Traditional Rental Income: $2703 Airbnb ROI: 0.07% Traditional ROI: 1.79%
115 Wishart Road Columbia Falls, MT Investment Opportunity! This rare and versatile 48.35 acre property with over 1700' of Hig...	5 beds \| 4 baths \| 4,789 sq.ft.	$4,300,000	Airbnb cash on cash: -0.7% Traditional cash on cash: -0.25% Airbnb Rental Income: $2719 Traditional Rental Income: $3860 Airbnb ROI: -0.7% Traditional ROI: -0.25%
135 Nucleus Avenue Columbia Falls, MT Adventure and Opportunity are at your doorstep! Located in the heart of Columbia Falls thi...	N/A beds \| N/A baths \| N/A	$458,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 1.92% Airbnb Rental Income: $942 Traditional Rental Income: $1568 Airbnb ROI: -0.35% Traditional ROI: 1.92%
1100 Mooring Road Columbia Falls, MT Instant income and unparalleled luxury await you in this custom-built, fully furnished ren...	N/A beds \| N/A baths \| N/A	$1,899,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 1.05% Airbnb Rental Income: $942 Traditional Rental Income: $4057 Airbnb ROI: -0.91% Traditional ROI: 1.05%
855 St. Andrews Drive Columbia Falls, MT Indulge in upscale living with this beautifully updated two bedroom w/ spacious loft, two ...	2 beds \| 2 baths \| 1,616 sq.ft.	$649,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 1.8% Airbnb Rental Income: $1500 Traditional Rental Income: $2140 Airbnb ROI: 0.02% Traditional ROI: 1.8%
57 Hidden Cedar Loop Columbia Falls, MT Brand New Completed Construction!! Situated in the highly sought after Riverbend Estates i...	4 beds \| 3 baths \| 3,143 sq.ft.	$859,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 3.14% Airbnb Rental Income: $2592 Traditional Rental Income: $3476 Airbnb ROI: 1.26% Traditional ROI: 3.14%
1020 3rd Avenue E Columbia Falls, MT Offered is a 3-bedroom, 2-bathroom one level home, built in 2005, which sits on a spacious...	3 beds \| 2 baths \| 1,668 sq.ft.	$675,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 2.35% Airbnb Rental Income: $1960 Traditional Rental Income: $2333 Airbnb ROI: 0.94% Traditional ROI: 2.35%
1265 Jellison Road Columbia Falls, MT Offered is a stunning Northwest Montana Flathead River Estate with a little over 8 private...	3 beds \| 3 baths \| 2,474 sq.ft.	$1,769,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 0.65% Airbnb Rental Income: $1960 Traditional Rental Income: $3314 Airbnb ROI: -0.49% Traditional ROI: 0.65%
879 Saint Andrews Drive Columbia Falls, MT Investment Opportunity! Offered is an updated 2-bedroom, 2-bathroom, 1,536 sq ft Meadow La...	2 beds \| 2 baths \| 1,536 sq.ft.	$599,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 2.18% Airbnb Rental Income: $1500 Traditional Rental Income: $2214 Airbnb ROI: 0.11% Traditional ROI: 2.18%
3333 Middle Road Columbia Falls, MT Montana Dream Property with Big Potential - Freedom, Views & Space to Grow! This level, fu...	3 beds \| 2 baths \| 4,057 sq.ft.	$1,175,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 0.54% Airbnb Rental Income: $1960 Traditional Rental Income: $2394 Airbnb ROI: -0.33% Traditional ROI: 0.54%
1398 Waters Edge Way Columbia Falls, MT Montana living at its finest with this breathtaking 8.5 acre estate with over 850 feet of ...	3 beds \| 3 baths \| 2,582 sq.ft.	$2,250,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 0.52% Airbnb Rental Income: $1960 Traditional Rental Income: $3261 Airbnb ROI: -0.35% Traditional ROI: 0.52%
211 Cowboy Drive Columbia Falls, MT Out Of Town Allure! Escape to out-of-town peace at Cowboy Estates, a private gated communi...	4 beds \| 6 baths \| 5,069 sq.ft.	$1,989,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 2.04% Airbnb Rental Income: $2592 Traditional Rental Income: $6460 Airbnb ROI: -0.39% Traditional ROI: 2.04%
1040 Cowboy Way Columbia Falls, MT Nestled on 2.9 acres with sweeping views of the Columbia Mountain Range, this meticulously...	3 beds \| 2 baths \| 2,628 sq.ft.	$839,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 1.49% Airbnb Rental Income: $1960 Traditional Rental Income: $2571 Airbnb ROI: 0.05% Traditional ROI: 1.49%
300 Jay Hawk Lane Columbia Falls, MT Unique Flathead Valley investment: 5 income-producing units plus a full-service RV site on...	N/A beds \| N/A baths \| N/A	$875,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.56% Airbnb Rental Income: $942 Traditional Rental Income: $1589 Airbnb ROI: -0.66% Traditional ROI: 0.56%
850 Saint Andrews Drive #1432 Columbia Falls, MT This luxurious 2,437 sq ft penthouse condo sits amid the 18-hole championship Meadow Lake ...	3 beds \| 4 baths \| 2,422 sq.ft.	$1,295,000	Airbnb cash on cash: -1% Traditional cash on cash: 0.7% Airbnb Rental Income: $1960 Traditional Rental Income: $3493 Airbnb ROI: -1% Traditional ROI: 0.7%
346 Lynnewood Drive Columbia Falls, MT Experience refined Montana living in this beautifully maintained 3-bedroom home with a bon...	3 beds \| 2 baths \| 1,800 sq.ft.	$875,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.62% Airbnb Rental Income: $1960 Traditional Rental Income: $2654 Airbnb ROI: 0.13% Traditional ROI: 1.62%
809 9th Street W #1 Columbia Falls, MT Affordable, Energy-Efficient 3 Bed, 2 Bath Single-Wide Manufactured Home in the Columbia F...	3 beds \| 2 baths \| 924 sq.ft.	$124,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 7.6% Airbnb Rental Income: $1960 Traditional Rental Income: $2033 Airbnb ROI: 2.67% Traditional ROI: 7.6%
809 9th Street W #17 Columbia Falls, MT High-Quality, Never-Lived-In Manufactured Home on Rented Lot This pristine 2026 Model Year...	3 beds \| 2 baths \| 924 sq.ft.	$124,000	Airbnb cash on cash: 4.64% Traditional cash on cash: 9.11% Airbnb Rental Income: $1960 Traditional Rental Income: $1978 Airbnb ROI: 4.64% Traditional ROI: 9.11%
554 Evening Star Lane Columbia Falls, MT Brand-new 3-bedroom, 2.5-bath home located in the highly sought-after Riverbend subdivisio...	3 beds \| 3 baths \| 1,654 sq.ft.	$689,999	Airbnb cash on cash: 0.98% Traditional cash on cash: 2.69% Airbnb Rental Income: $1960 Traditional Rental Income: $2549 Airbnb ROI: 0.98% Traditional ROI: 2.69%
1018 Saint Andrews Drive Columbia Falls, MT Refreshed & Move-in ready! Located in the highly desired Meadow Lake community, this beaut...	5 beds \| 5 baths \| 2,932 sq.ft.	$839,950	Airbnb cash on cash: 0.98% Traditional cash on cash: 3.96% Airbnb Rental Income: $2719 Traditional Rental Income: $4408 Airbnb ROI: 0.98% Traditional ROI: 3.96%
1629 4th Avenue W unit: 103 Columbia Falls, MT Premiere Columbia Falls Investment Prospect! This well-located 2-bedroom, 1-bath, 891 SF c...	2 beds \| 1 baths \| 891 sq.ft.	$349,500	Airbnb cash on cash: 0.51% Traditional cash on cash: 2.02% Airbnb Rental Income: $1500 Traditional Rental Income: $1559 Airbnb ROI: 0.51% Traditional ROI: 2.02%
1009 3rd Avenue E Columbia Falls, MT Location, location, location! Prime development opportunity on 1.5 acres adjacent to city ...	3 beds \| 2 baths \| 1,915 sq.ft.	$1,300,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 0.93% Airbnb Rental Income: $1960 Traditional Rental Income: $2563 Airbnb ROI: 0.01% Traditional ROI: 0.93%
1422 Tamarack Lane Columbia Falls, MT Step into this freshly remodeled 4-bedroom, 2-bathroom home offering modern comfort, gener...	4 beds \| 2 baths \| 2,200 sq.ft.	$650,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 2.92% Airbnb Rental Income: $2592 Traditional Rental Income: $2611 Airbnb ROI: 1.87% Traditional ROI: 2.92%
3075 MT Hwy 206 Columbia Falls, MT If you've been looking for usable acreage, functional outbuildings, and Swan Range views, ...	3 beds \| 3 baths \| 1,795 sq.ft.	$825,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 1.94% Airbnb Rental Income: $1960 Traditional Rental Income: $2677 Airbnb ROI: 0.34% Traditional ROI: 1.94%

Real Estate investment in Columbia-falls, MT

There are 54 properties for sale in the city of Columbia Falls . The median list price in Columbia Falls is $742,000 and the average price per square foot is $350. In May 2026, the average monthly cash on cash return in Columbia Falls is 2.00%. The average monthly rental income in Columbia Falls is $2,366.

Columbia-falls, MT Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 54 investment properties available for sale in Columbia-falls.

In 2026, the best neighborhood to buy investment property is Columbia Falls.

The ROI for Long-Term is higher than the Short-Term in Columbia-falls with average rental income of $2,366.

Your search for investment property begins and ends here

Investment Property for Sale in Columbia Falls, MT

10 Diane Road

Columbia Falls, MT

N/A beds | N/A baths | N/A

$1,800,000

Airbnb cash on cash: -1.2%

Traditional cash on cash: -0.38%

Airbnb Rental Income: $942

Traditional Rental Income: $1961

Airbnb ROI: -1.2%

Traditional ROI: -0.38%

154 Columbia Range Drive

Columbia Falls, MT

3 beds | 4 baths | 2,172 sq.ft.

$995,000

Airbnb cash on cash: 0.15%

Traditional cash on cash: 1.87%

Airbnb Rental Income: $1960

Traditional Rental Income: $3045

Airbnb ROI: 0.15%

Traditional ROI: 1.87%

2060 Rapids Avenue

Columbia Falls, MT

3 beds | 3 baths | 2,020 sq.ft.

$649,900

Airbnb cash on cash: 0.61%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $1960

Traditional Rental Income: $2660

Airbnb ROI: 0.61%

Traditional ROI: 2.62%

185 Kokanee Bend Drive

Columbia Falls, MT

4 beds | 3 baths | 2,996 sq.ft.

$1,980,000

Airbnb cash on cash: -0.17%

Traditional cash on cash: 0.49%

Airbnb Rental Income: $2592

Traditional Rental Income: $3167

Airbnb ROI: -0.17%

Traditional ROI: 0.49%

153 Oakmont Loop

Columbia Falls, MT

3 beds | 3 baths | 2,003 sq.ft.

$785,000

Airbnb cash on cash: 0.07%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $1960

Traditional Rental Income: $2703

Airbnb ROI: 0.07%

Traditional ROI: 1.79%

115 Wishart Road

Columbia Falls, MT

5 beds | 4 baths | 4,789 sq.ft.

$4,300,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: -0.25%

Airbnb Rental Income: $2719

Traditional Rental Income: $3860

Airbnb ROI: -0.7%

Traditional ROI: -0.25%

135 Nucleus Avenue

Columbia Falls, MT

N/A beds | N/A baths | N/A

$458,000

Airbnb cash on cash: -0.35%

Traditional cash on cash: 1.92%

Airbnb Rental Income: $942

Traditional Rental Income: $1568

Airbnb ROI: -0.35%

Traditional ROI: 1.92%

1100 Mooring Road

Columbia Falls, MT

N/A beds | N/A baths | N/A

$1,899,000

Airbnb cash on cash: -0.91%

Traditional cash on cash: 1.05%

Airbnb Rental Income: $942

Traditional Rental Income: $4057

Airbnb ROI: -0.91%