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
20 Wood Ridge Drive Columbia Falls, MT Mountain lodge living in Big Sky Country! Discover the perfect blend of privacy, comfort, ...	3 beds \| 4 baths \| 4,299 sq.ft.	$1,950,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 0.3% Airbnb Rental Income: $3059 Traditional Rental Income: $3018 Airbnb ROI: -0.07% Traditional ROI: 0.3%
1086 Cowboy Way Columbia Falls, MT Enjoy breathtaking views and a peaceful country setting in this charming 2,464 sq ft home ...	4 beds \| 4 baths \| 2,464 sq.ft.	$920,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 1.86% Airbnb Rental Income: $4805 Traditional Rental Income: $3029 Airbnb ROI: 2.78% Traditional ROI: 1.86%
5379 Flathead Ranch Road Columbia Falls, MT Catch the Montana lifestyle at its best with this legacy log home on 20 acres in a gated n...	3 beds \| 3 baths \| 2,248 sq.ft.	$1,575,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 0.44% Airbnb Rental Income: $3059 Traditional Rental Income: $3058 Airbnb ROI: -0.04% Traditional ROI: 0.44%
7240 Us Highway 2 E Columbia Falls, MT Rare 12.37-acre parcel in the heart of Glacier National Park country, directly across from...	2 beds \| 2 baths \| 3,072 sq.ft.	$725,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 1.74% Airbnb Rental Income: $2870 Traditional Rental Income: $2366 Airbnb ROI: 1.5% Traditional ROI: 1.74%
221 2nd Avenue W Columbia Falls, MT Centrally located just minutes from downtown, this 4-bedroom, 2-bathroom home offers both ...	4 beds \| 2 baths \| 1,872 sq.ft.	$495,000	Airbnb cash on cash: 6.39% Traditional cash on cash: 3.84% Airbnb Rental Income: $4805 Traditional Rental Income: $2632 Airbnb ROI: 6.39% Traditional ROI: 3.84%
140 Steppe Lane Columbia Falls, MT Welcome to your Montana dream retreat, where breathtaking views of the Columbia Mountains ...	5 beds \| 4 baths \| 1,744 sq.ft.	$1,285,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 0.93% Airbnb Rental Income: $3887 Traditional Rental Income: $2930 Airbnb ROI: 1.03% Traditional ROI: 0.93%
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: 0.8% Traditional cash on cash: 0.45% Airbnb Rental Income: $4805 Traditional Rental Income: $3167 Airbnb ROI: 0.8% Traditional ROI: 0.45%
680 Kelley Road Columbia Falls, MT I would like to present an exceptional investment opportunity: This multi-family property ...	N/A beds \| N/A baths \| N/A	$799,900	Airbnb cash on cash: 0.59% Traditional cash on cash: 3.14% Airbnb Rental Income: $2354 Traditional Rental Income: $3672 Airbnb ROI: 0.59% Traditional ROI: 3.14%
74 Wood Ridge Drive Columbia Falls, MT Stunning single-level custom home with breathtaking views of the Swan Mountains! This thou...	3 beds \| 3 baths \| 3,123 sq.ft.	$1,425,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 0.84% Airbnb Rental Income: $3059 Traditional Rental Income: $3118 Airbnb ROI: 0.27% Traditional ROI: 0.84%
9 Cedar Pointe Loop Columbia Falls, MT Welcome to this stunning mountain modern residence boasting 4 bedrooms, and 3.5 baths. Ste...	4 beds \| 4 baths \| 2,777 sq.ft.	$1,108,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 2.01% Airbnb Rental Income: $4805 Traditional Rental Income: $3760 Airbnb ROI: 2.07% Traditional ROI: 2.01%
111 Clearview Pl Columbia Falls, MT	3 beds \| 2 baths \| 2,032 sq.ft.	$719,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 1.47% Airbnb Rental Income: $3059 Traditional Rental Income: $1972 Airbnb ROI: 2.05% Traditional ROI: 1.47%
5 Darlene Road Columbia Falls, MT Welcome to this inviting 1,936 sq ft, 4-bedroom, 2-bathroom home located in North Columbia...	4 beds \| 2 baths \| 1,936 sq.ft.	$555,000	Airbnb cash on cash: 5.59% Traditional cash on cash: 2.28% Airbnb Rental Income: $4805 Traditional Rental Income: $2098 Airbnb ROI: 5.59% Traditional ROI: 2.28%
27 Jellison Lane Columbia Falls, MT Welcome to an enticing investment opportunity-a meticulously crafted five-unit rental prop...	N/A beds \| N/A baths \| N/A	$3,500,000	Airbnb cash on cash: -0.6% Traditional cash on cash: -0.7% Airbnb Rental Income: $2354 Traditional Rental Income: $1454 Airbnb ROI: -0.6% Traditional ROI: -0.7%
812 4th Avenue E Columbia Falls, MT This thoughtfully remodeled 2-bedroom, 1-bathroom home with a versatile loft is currently ...	2 beds \| 1 baths \| 966 sq.ft.	$410,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 2.47% Airbnb Rental Income: $2870 Traditional Rental Income: $1634 Airbnb ROI: 3.95% Traditional ROI: 2.47%
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: -0.45% Traditional cash on cash: -0.25% Airbnb Rental Income: $3887 Traditional Rental Income: $3860 Airbnb ROI: -0.45% Traditional ROI: -0.25%
49 Hodgson Court Columbia Falls, MT NO COVENANTS & NO ZONING! Welcome to this new construction, custom build by Mark Pond, in ...	4 beds \| 2 baths \| 2,420 sq.ft.	$889,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 1.93% Airbnb Rental Income: $4805 Traditional Rental Income: $2713 Airbnb ROI: 3.27% Traditional ROI: 1.93%
15 9th Street E Columbia Falls, MT Location! Location! Location! This exceptional commercial potential property is perfectly ...	2 beds \| 1 baths \| 868 sq.ft.	$799,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 0.7% Airbnb Rental Income: $2870 Traditional Rental Income: $1547 Airbnb ROI: 1.58% Traditional ROI: 0.7%
216 Tavern Lane Columbia Falls, MT Phenomenal, manageable and affordable horse property! THIS HOME(lot 1) IS EXEMPT TO MOST C...	3 beds \| 3 baths \| 2,455 sq.ft.	$1,195,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 1.11% Airbnb Rental Income: $3059 Traditional Rental Income: $2964 Airbnb ROI: 0.57% Traditional ROI: 1.11%
695 Saint Andrews Drive Columbia Falls, MT In the heart of Meadow Lake Golf Community, enjoy morning sun on the deck or from the prim...	2 beds \| 2 baths \| 1,616 sq.ft.	$619,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 2.04% Airbnb Rental Income: $2870 Traditional Rental Income: $2207 Airbnb ROI: 2.03% Traditional ROI: 2.04%
79 Eden Court Columbia Falls, MT Experience serene living in this stunning single-level, custom-built 3-bedroom, 2-bathroom...	3 beds \| 2 baths \| 2,564 sq.ft.	$1,124,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 1.12% Airbnb Rental Income: $3059 Traditional Rental Income: $2678 Airbnb ROI: 0.82% Traditional ROI: 1.12%
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: 1.91% Traditional cash on cash: 1.81% Airbnb Rental Income: $2870 Traditional Rental Income: $2140 Airbnb ROI: 1.91% Traditional ROI: 1.81%
37 Hodgson Court Columbia Falls, MT NO COVENANTS & NO ZONING! Welcome to this new construction, custom build by Mark Pond, in ...	3 beds \| 2 baths \| 2,214 sq.ft.	$849,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 2.11% Airbnb Rental Income: $3059 Traditional Rental Income: $2741 Airbnb ROI: 1.62% Traditional ROI: 2.11%
540 Nucleus Avenue unit: 306 #306 Columbia Falls, MT Stunning modern condo with views into Glacier National Park! Experience luxury living in t...	2 beds \| 3 baths \| 1,661 sq.ft.	$625,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 3.31% Airbnb Rental Income: $2870 Traditional Rental Income: $3124 Airbnb ROI: 1.73% Traditional ROI: 3.31%
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: 3.56% Traditional cash on cash: 3.14% Airbnb Rental Income: $4805 Traditional Rental Income: $3476 Airbnb ROI: 3.56% Traditional ROI: 3.14%
328 Pine Bench Columbia Falls, MT Experience country living in this beautifully remodeled single-level home on over 7 acres ...	3 beds \| 2 baths \| 2,126 sq.ft.	$1,900,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 0.54% Airbnb Rental Income: $3059 Traditional Rental Income: $3129 Airbnb ROI: 0.11% Traditional ROI: 0.54%
15 Sandy Hill Terrace Columbia Falls, MT Experience Montana living at its finest in this modern retreat-style home nestled on over ...	3 beds \| 4 baths \| 2,019 sq.ft.	$899,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 2.62% Airbnb Rental Income: $3059 Traditional Rental Income: $3283 Airbnb ROI: 1.52% Traditional ROI: 2.62%
670 Homestake Trail Columbia Falls, MT Set on five expansive acres with sweeping mountain views, 670 Homestake Trail offers the b...	5 beds \| 3 baths \| 3,066 sq.ft.	$999,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 2.29% Airbnb Rental Income: $3887 Traditional Rental Income: $3504 Airbnb ROI: 1.81% Traditional ROI: 2.29%
1020 3rd Avenue E Columbia Falls, MT First time ever on the market! This lovingly maintained 3-bedroom, 2-bathroom home, built ...	3 beds \| 2 baths \| 1,668 sq.ft.	$699,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 2.05% Airbnb Rental Income: $3059 Traditional Rental Income: $2333 Airbnb ROI: 2.09% Traditional ROI: 2.05%
405 Sandy Hill Lane Columbia Falls, MT Brand new contemporary retreat with panoramic mountain views and 3.84 lush acres to play w...	3 beds \| 3 baths \| 2,074 sq.ft.	$1,150,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 1.58% Airbnb Rental Income: $3059 Traditional Rental Income: $3030 Airbnb ROI: 0.95% Traditional ROI: 1.58%
1924 Rapids Avenue Columbia Falls, MT Experience the best of Montana living in this beautiful 4-bedroom, 2.5-bath home in River ...	4 beds \| 3 baths \| 2,002 sq.ft.	$820,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 2.06% Airbnb Rental Income: $4805 Traditional Rental Income: $2898 Airbnb ROI: 3.26% Traditional ROI: 2.06%
189 Dawn Drive Columbia Falls, MT Opportunity awaits in this desirable neighborhood! Profitable and established VRBO/AIRBNB,...	4 beds \| 3 baths \| 1,956 sq.ft.	$599,000	Airbnb cash on cash: 5.09% Traditional cash on cash: 3.5% Airbnb Rental Income: $4805 Traditional Rental Income: $2925 Airbnb ROI: 5.09% Traditional ROI: 3.5%
1265 Jellison Road Columbia Falls, MT MONTANA RIVERFRONT LUXURY WITH INCOME POTENTIAL ON 8+ ACRES A rare opportunity to own over...	3 beds \| 3 baths \| 2,474 sq.ft.	$1,899,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 0.55% Airbnb Rental Income: $3059 Traditional Rental Income: $3314 Airbnb ROI: 0.01% Traditional ROI: 0.55%
227 Mountain Timbers Drive Columbia Falls, MT Step into the soul of Montana at this striking 4-bedroom, 3-bathroom Ron Terry custom-buil...	4 beds \| 3 baths \| 2,480 sq.ft.	$920,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 1.97% Airbnb Rental Income: $4805 Traditional Rental Income: $3054 Airbnb ROI: 2.86% Traditional ROI: 1.97%
208 Cowboy Drive Columbia Falls, MT Experience Montana living at its finest in this newly built home, blending rustic charm wi...	3 beds \| 4 baths \| 2,963 sq.ft.	$1,150,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 1.82% Airbnb Rental Income: $3059 Traditional Rental Income: $3695 Airbnb ROI: 0.57% Traditional ROI: 1.82%
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.	$624,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 2.05% Airbnb Rental Income: $2870 Traditional Rental Income: $2214 Airbnb ROI: 2.03% Traditional ROI: 2.05%
3333 Middle Road Columbia Falls, MT Reduce! Seller is Motivated! Your Montana Dream Property Awaits! Level, fully usable 10-ac...	3 beds \| 2 baths \| 4,057 sq.ft.	$1,199,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 0.53% Airbnb Rental Income: $3059 Traditional Rental Income: $2394 Airbnb ROI: 0.5% Traditional ROI: 0.53%
110 Lone Cedar Lane Columbia Falls, MT Nestled among the trees, this property presents a unique opportunity to embrace the Montan...	4 beds \| 3 baths \| 3,500 sq.ft.	$975,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 1.96% Airbnb Rental Income: $4805 Traditional Rental Income: $3186 Airbnb ROI: 2.65% Traditional ROI: 1.96%
1398 Waters Edge Way Columbia Falls, MT Discover a rare opportunity along the Flathead River. This 8.49 acre property offers over ...	3 beds \| 3 baths \| 2,582 sq.ft.	$2,600,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 0.31% Airbnb Rental Income: $3059 Traditional Rental Income: $3261 Airbnb ROI: -0.06% Traditional ROI: 0.31%
2300 Witty Lane Columbia Falls, MT An unbeatable location and stunning remodel await you! This property offers the perfect bl...	3 beds \| 3 baths \| 2,221 sq.ft.	$1,249,999	Airbnb cash on cash: 0.63% Traditional cash on cash: 1.12% Airbnb Rental Income: $3059 Traditional Rental Income: $2932 Airbnb ROI: 0.63% Traditional ROI: 1.12%

Real Estate investment in Columbia-falls, MT

There are 128 properties for sale in the city of Columbia Falls . The median list price in Columbia Falls is $650,000 and the average price per square foot is $261. In September 2025, the average monthly cash on cash return in Columbia Falls is 1.00%. The average monthly rental income in Columbia Falls is $2,230.

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

There are 128 investment properties available for sale in Columbia-falls.

In 2025, the best neighborhood to buy investment property is Columbia Falls.

The ROI for Short-Term is higher than the Long-Term in Columbia-falls with average rental income of $3,059.

Your search for investment property begins and ends here

Investment Property for Sale in Columbia Falls, MT

20 Wood Ridge Drive

Columbia Falls, MT

3 beds | 4 baths | 4,299 sq.ft.

$1,950,000

Airbnb cash on cash: -0.07%

Traditional cash on cash: 0.3%

Airbnb Rental Income: $3059

Traditional Rental Income: $3018

Airbnb ROI: -0.07%

Traditional ROI: 0.3%

1086 Cowboy Way

Columbia Falls, MT

4 beds | 4 baths | 2,464 sq.ft.

$920,000

Airbnb cash on cash: 2.78%

Traditional cash on cash: 1.86%

Airbnb Rental Income: $4805

Traditional Rental Income: $3029

Airbnb ROI: 2.78%

Traditional ROI: 1.86%

5379 Flathead Ranch Road

Columbia Falls, MT

3 beds | 3 baths | 2,248 sq.ft.

$1,575,000

Airbnb cash on cash: -0.04%

Traditional cash on cash: 0.44%

Airbnb Rental Income: $3059

Traditional Rental Income: $3058

Airbnb ROI: -0.04%

Traditional ROI: 0.44%

7240 Us Highway 2 E

Columbia Falls, MT

2 beds | 2 baths | 3,072 sq.ft.

$725,000

Airbnb cash on cash: 1.5%

Traditional cash on cash: 1.74%

Airbnb Rental Income: $2870

Traditional Rental Income: $2366

Airbnb ROI: 1.5%

Traditional ROI: 1.74%

221 2nd Avenue W

Columbia Falls, MT

4 beds | 2 baths | 1,872 sq.ft.

$495,000

Airbnb cash on cash: 6.39%

Traditional cash on cash: 3.84%

Airbnb Rental Income: $4805

Traditional Rental Income: $2632

Airbnb ROI: 6.39%

Traditional ROI: 3.84%

140 Steppe Lane

Columbia Falls, MT

5 beds | 4 baths | 1,744 sq.ft.

$1,285,000

Airbnb cash on cash: 1.03%

Traditional cash on cash: 0.93%

Airbnb Rental Income: $3887

Traditional Rental Income: $2930

Airbnb ROI: 1.03%

Traditional ROI: 0.93%

185 Kokanee Bend Drive

Columbia Falls, MT

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

$1,980,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 0.45%

Airbnb Rental Income: $4805

Traditional Rental Income: $3167

Airbnb ROI: 0.8%

Traditional ROI: 0.45%

680 Kelley Road

Columbia Falls, MT

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

$799,900

Airbnb cash on cash: 0.59%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $2354

Traditional Rental Income: $3672

Airbnb ROI: 0.59%