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: -0.6% Traditional cash on cash: 0.33% Airbnb Rental Income: $1816 Traditional Rental Income: $3018 Airbnb ROI: -0.6% Traditional ROI: 0.33%
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: -1.23% Traditional cash on cash: -0.38% Airbnb Rental Income: $885 Traditional Rental Income: $1961 Airbnb ROI: -1.23% 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.	$1,049,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.73% Airbnb Rental Income: $1816 Traditional Rental Income: $3045 Airbnb ROI: -0.04% Traditional ROI: 1.73%
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: 0.41% Traditional cash on cash: 2.62% Airbnb Rental Income: $1816 Traditional Rental Income: $2660 Airbnb ROI: 0.41% 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: -0.38% Traditional cash on cash: 0.49% Airbnb Rental Income: $2108 Traditional Rental Income: $3167 Airbnb ROI: -0.38% Traditional ROI: 0.49%
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	$725,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 3.56% Airbnb Rental Income: $885 Traditional Rental Income: $3672 Airbnb ROI: -1.06% Traditional ROI: 3.56%
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: -0.1% Traditional cash on cash: 1.79% Airbnb Rental Income: $1816 Traditional Rental Income: $2703 Airbnb ROI: -0.1% Traditional ROI: 1.79%
1885 Conn Road Columbia Falls, MT Beautiful designer farmhouse. Panoramic mountain views. Premium location between Whitefish...	3 beds \| 2 baths \| 1,817 sq.ft.	$1,495,000	Airbnb cash on cash: -0.2% Traditional cash on cash: -0.23% Airbnb Rental Income: $1816 Traditional Rental Income: $1284 Airbnb ROI: -0.2% Traditional ROI: -0.23%
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: -0.79% Traditional cash on cash: -0.25% Airbnb Rental Income: $2254 Traditional Rental Income: $3860 Airbnb ROI: -0.79% Traditional ROI: -0.25%
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: -0.28% Traditional cash on cash: 1.8% Airbnb Rental Income: $1279 Traditional Rental Income: $2140 Airbnb ROI: -0.28% 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: 0.76% Traditional cash on cash: 3.14% Airbnb Rental Income: $2108 Traditional Rental Income: $3476 Airbnb ROI: 0.76% 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: 0.75% Traditional cash on cash: 2.35% Airbnb Rental Income: $1816 Traditional Rental Income: $2333 Airbnb ROI: 0.75% Traditional ROI: 2.35%
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 \| 2 baths \| 2,074 sq.ft.	$1,150,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.59% Airbnb Rental Income: $1816 Traditional Rental Income: $3030 Airbnb ROI: -0.01% Traditional ROI: 1.59%
1265 Jellison Road Columbia Falls, MT Montana Riverfront Estate 8+ Acres 256' of Flathead River Frontage. Set along a coveted st...	3 beds \| 3 baths \| 2,474 sq.ft.	$1,769,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 0.65% Airbnb Rental Income: $1816 Traditional Rental Income: $3314 Airbnb ROI: -0.56% 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.	$624,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 2.05% Airbnb Rental Income: $1279 Traditional Rental Income: $2214 Airbnb ROI: -0.25% Traditional ROI: 2.05%
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: -0.41% Traditional cash on cash: 0.52% Airbnb Rental Income: $1816 Traditional Rental Income: $3261 Airbnb ROI: -0.41% 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: -0.61% Traditional cash on cash: 2.04% Airbnb Rental Income: $2108 Traditional Rental Income: $6460 Airbnb ROI: -0.61% Traditional ROI: 2.04%
229 Sandy Hill Lane Columbia Falls, MT LIVE, RENT OR HOST. TWO HOMES + HEATED SHOP + A SHED. RENTAL CURRENTLY BRINGS IN $1800 TOW...	N/A beds \| N/A baths \| N/A	$798,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 1.31% Airbnb Rental Income: $885 Traditional Rental Income: $2153 Airbnb ROI: -0.85% Traditional ROI: 1.31%
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: -0.1% Traditional cash on cash: 1.49% Airbnb Rental Income: $1816 Traditional Rental Income: $2571 Airbnb ROI: -0.1% 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: -0.72% Traditional cash on cash: 0.56% Airbnb Rental Income: $885 Traditional Rental Income: $1589 Airbnb ROI: -0.72% Traditional ROI: 0.56%
850 Saint Andrews Drive unit: 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: -1.1% Traditional cash on cash: 0.7% Airbnb Rental Income: $1816 Traditional Rental Income: $3493 Airbnb ROI: -1.1% Traditional ROI: 0.7%
943 Frontage Road Columbia Falls, MT Remarkable and unique views of beautiful Flathead River, surrounding mountains and the val...	3 beds \| 3 baths \| 3,344 sq.ft.	$2,075,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 0.37% Airbnb Rental Income: $1816 Traditional Rental Income: $3123 Airbnb ROI: -0.57% Traditional ROI: 0.37%
346 Lynnewood Drive Columbia Falls, MT Experience refined Montana living in this beautifully maintained 3-bedroom home with bonus...	3 beds \| 2 baths \| 1,800 sq.ft.	$895,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.56% Airbnb Rental Income: $1816 Traditional Rental Income: $2654 Airbnb ROI: -0.04% Traditional ROI: 1.56%
809 9th Street W unit: 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.	$128,900	Airbnb cash on cash: 1.57% Traditional cash on cash: 7.28% Airbnb Rental Income: $1816 Traditional Rental Income: $2033 Airbnb ROI: 1.57% Traditional ROI: 7.28%
809 9th Street W unit: 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.	$128,900	Airbnb cash on cash: 3.47% Traditional cash on cash: 8.74% Airbnb Rental Income: $1816 Traditional Rental Income: $1978 Airbnb ROI: 3.47% Traditional ROI: 8.74%
295 Jensen Road Columbia Falls, MT Set against the Columbia Mountains and surrounded by 70+ old-growth pines, this level 2.14...	4 beds \| 2 baths \| 2,618 sq.ft.	$910,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 1.71% Airbnb Rental Income: $2108 Traditional Rental Income: $2672 Airbnb ROI: 0.4% Traditional ROI: 1.71%
137 Saki Lane Columbia Falls, MT This home has it all! Brand new 3-bed, 2-bath, 1,700 SF ranch on 1.522 acres with stunning...	3 beds \| 2 baths \| 1,700 sq.ft.	$750,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 1.53% Airbnb Rental Income: $1816 Traditional Rental Income: $2443 Airbnb ROI: -0.07% Traditional ROI: 1.53%
24 Diane Road unit: C Columbia Falls, MT Is there a 3-bed condo in Columbia Falls with one-level living and park access? Yes! Fully...	3 beds \| 2 baths \| 954 sq.ft.	$350,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 2.93% Airbnb Rental Income: $1816 Traditional Rental Income: $1710 Airbnb ROI: 1.76% Traditional ROI: 2.93%
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.	$700,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 2.64% Airbnb Rental Income: $1816 Traditional Rental Income: $2549 Airbnb ROI: 0.77% Traditional ROI: 2.64%

Real Estate investment in Columbia-falls, MT

There are 50 properties for sale in the city of Columbia Falls . The median list price in Columbia Falls is $781,500 and the average price per square foot is $347. In March 2026, the average monthly cash on cash return in Columbia Falls is 2.00%. The average monthly rental income in Columbia Falls is $2,468.

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

There are 50 investment properties available for sale in Columbia-falls.

In 2026, 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 $1,816.

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: -0.6%

Traditional cash on cash: 0.33%

Airbnb Rental Income: $1816

Traditional Rental Income: $3018

Airbnb ROI: -0.6%

Traditional ROI: 0.33%

10 Diane Road

Columbia Falls, MT

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

$1,800,000

Airbnb cash on cash: -1.23%

Traditional cash on cash: -0.38%

Airbnb Rental Income: $885

Traditional Rental Income: $1961

Airbnb ROI: -1.23%

Traditional ROI: -0.38%

154 Columbia Range Drive

Columbia Falls, MT

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

$1,049,000

Airbnb cash on cash: -0.04%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $1816

Traditional Rental Income: $3045

Airbnb ROI: -0.04%

Traditional ROI: 1.73%

2060 Rapids Avenue

Columbia Falls, MT

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

$649,900

Airbnb cash on cash: 0.41%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $1816

Traditional Rental Income: $2660

Airbnb ROI: 0.41%

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: -0.38%

Traditional cash on cash: 0.49%

Airbnb Rental Income: $2108

Traditional Rental Income: $3167

Airbnb ROI: -0.38%

Traditional ROI: 0.49%

680 Kelley Road

Columbia Falls, MT

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

$725,000

Airbnb cash on cash: -1.06%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $885

Traditional Rental Income: $3672

Airbnb ROI: -1.06%

Traditional ROI: 3.56%

153 Oakmont Loop

Columbia Falls, MT

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

$785,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $1816

Traditional Rental Income: $2703

Airbnb ROI: -0.1%

Traditional ROI: 1.79%

1885 Conn Road

Columbia Falls, MT

3 beds | 2 baths | 1,817 sq.ft.

$1,495,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: -0.23%

Airbnb Rental Income: $1816

Traditional Rental Income: $1284

Airbnb ROI: -0.2%