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: -0.13% Traditional cash on cash: 0.3% Airbnb Rental Income: $2930 Traditional Rental Income: $3018 Airbnb ROI: -0.13% Traditional ROI: 0.3%
4336 Mt Highway 40 W Columbia Falls, MT LISTED UNDER RECENTLY APPRAISED VALUE! Beautifully updated and move-in ready, this 3-bedro...	3 beds \| 3 baths \| 2,296 sq.ft.	$820,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 2.31% Airbnb Rental Income: $2930 Traditional Rental Income: $3009 Airbnb ROI: 1.32% Traditional ROI: 2.31%
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: -0.11% Traditional cash on cash: 0.44% Airbnb Rental Income: $2930 Traditional Rental Income: $3058 Airbnb ROI: -0.11% Traditional ROI: 0.44%
7240 Us Highway 2 E Columbia Falls, MT Seller's motivation = your opportunity. Don't wait, seller is ready to make someone's drea...	2 beds \| 2 baths \| 3,072 sq.ft.	$715,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 1.78% Airbnb Rental Income: $2687 Traditional Rental Income: $2366 Airbnb ROI: 1.3% Traditional ROI: 1.78%
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: 0.44% Traditional cash on cash: 0.45% Airbnb Rental Income: $4001 Traditional Rental Income: $3167 Airbnb ROI: 0.44% 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	$750,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 3.41% Airbnb Rental Income: $2253 Traditional Rental Income: $3672 Airbnb ROI: 0.58% Traditional ROI: 3.41%
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: 0.19% Traditional cash on cash: 0.84% Airbnb Rental Income: $2930 Traditional Rental Income: $3118 Airbnb ROI: 0.19% 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: 1.42% Traditional cash on cash: 2.01% Airbnb Rental Income: $4001 Traditional Rental Income: $3760 Airbnb ROI: 1.42% Traditional ROI: 2.01%
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.	$549,000	Airbnb cash on cash: 4.36% Traditional cash on cash: 2.32% Airbnb Rental Income: $4001 Traditional Rental Income: $2098 Airbnb ROI: 4.36% Traditional ROI: 2.32%
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: -0.63% Traditional cash on cash: -0.7% Airbnb Rental Income: $2253 Traditional Rental Income: $1454 Airbnb ROI: -0.63% Traditional ROI: -0.7%
812 4th Avenue E Columbia Falls, MT This thoughtfully remodeled 2-bedroom, 1 full bathroom home with a versatile loft is curre...	2 beds \| 1 baths \| 966 sq.ft.	$399,000	Airbnb cash on cash: 3.68% Traditional cash on cash: 2.57% Airbnb Rental Income: $2687 Traditional Rental Income: $1634 Airbnb ROI: 3.68% Traditional ROI: 2.57%
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: -0.46% Traditional cash on cash: -0.25% Airbnb Rental Income: $3842 Traditional Rental Income: $3860 Airbnb ROI: -0.46% 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.	$864,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 2.02% Airbnb Rental Income: $4001 Traditional Rental Income: $2713 Airbnb ROI: 2.56% Traditional ROI: 2.02%
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.	$1,190,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 1.12% Airbnb Rental Income: $2930 Traditional Rental Income: $2964 Airbnb ROI: 0.48% Traditional ROI: 1.12%
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: 1.77% Traditional cash on cash: 2.04% Airbnb Rental Income: $2687 Traditional Rental Income: $2207 Airbnb ROI: 1.77% Traditional ROI: 2.04%
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: 1.66% Traditional cash on cash: 1.81% Airbnb Rental Income: $2687 Traditional Rental Income: $2140 Airbnb ROI: 1.66% 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.	$824,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 2.2% Airbnb Rental Income: $2930 Traditional Rental Income: $2741 Airbnb ROI: 1.56% Traditional ROI: 2.2%
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: 1.47% Traditional cash on cash: 3.31% Airbnb Rental Income: $2687 Traditional Rental Income: $3124 Airbnb ROI: 1.47% 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: 2.73% Traditional cash on cash: 3.14% Airbnb Rental Income: $4001 Traditional Rental Income: $3476 Airbnb ROI: 2.73% Traditional ROI: 3.14%
15 Sandy Hill Terrace Columbia Falls, MT This isn't another basic 2,000+ sq ft property - it's a unique opportunity to lease with o...	3 beds \| 4 baths \| 2,019 sq.ft.	$999,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 2.26% Airbnb Rental Income: $2930 Traditional Rental Income: $3283 Airbnb ROI: 1.15% Traditional ROI: 2.26%
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: 1.92% Traditional cash on cash: 2.05% Airbnb Rental Income: $2930 Traditional Rental Income: $2333 Airbnb ROI: 1.92% 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: 0.85% Traditional cash on cash: 1.58% Airbnb Rental Income: $2930 Traditional Rental Income: $3030 Airbnb ROI: 0.85% 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: 2.38% Traditional cash on cash: 2.06% Airbnb Rental Income: $4001 Traditional Rental Income: $2898 Airbnb ROI: 2.38% Traditional ROI: 2.06%
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.	$1,849,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 0.59% Airbnb Rental Income: $2930 Traditional Rental Income: $3314 Airbnb ROI: -0.03% Traditional ROI: 0.59%
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: 2.07% Traditional cash on cash: 1.97% Airbnb Rental Income: $4001 Traditional Rental Income: $3054 Airbnb ROI: 2.07% Traditional ROI: 1.97%
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: 1.77% Traditional cash on cash: 2.05% Airbnb Rental Income: $2687 Traditional Rental Income: $2214 Airbnb ROI: 1.77% Traditional ROI: 2.05%
3101 Mt Highway 206 Columbia Falls, MT * BACK ON THE MARKET - NO FAULT OF THE PROPERTY!* Expansive Mountain Views & Endless Possi...	3 beds \| 2 baths \| 1,951 sq.ft.	$739,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 2.39% Airbnb Rental Income: $2930 Traditional Rental Income: $2640 Airbnb ROI: 1.83% Traditional ROI: 2.39%
3333 Middle Road Columbia Falls, MT Price Reduced - Motivated Seller! Montana Dream Property with Big Potential - Freedom, Vie...	3 beds \| 2 baths \| 4,057 sq.ft.	$1,199,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 0.53% Airbnb Rental Income: $2930 Traditional Rental Income: $2394 Airbnb ROI: 0.4% 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.	$875,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 2.29% Airbnb Rental Income: $4001 Traditional Rental Income: $3186 Airbnb ROI: 2.24% Traditional ROI: 2.29%
1398 Waters Edge Way Columbia Falls, MT Embrace a rare gem on the banks of the Flathead River with 8.49 acres of over 850 feet of ...	3 beds \| 3 baths \| 2,582 sq.ft.	$2,250,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 0.52% Airbnb Rental Income: $2930 Traditional Rental Income: $3261 Airbnb ROI: 0.03% Traditional ROI: 0.52%
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.	$1,199,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 1.21% Airbnb Rental Income: $2930 Traditional Rental Income: $2932 Airbnb ROI: 0.6% Traditional ROI: 1.21%
3396 Trumble Creek Road Columbia Falls, MT PRICE REDUCED! No zoning, no CCRs, no HOA! Freedom property! Sweeping views, rolling pastu...	3 beds \| 3 baths \| 1,624 sq.ft.	$1,489,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 0.5% Airbnb Rental Income: $2930 Traditional Rental Income: $2518 Airbnb ROI: 0.31% Traditional ROI: 0.5%
2730 Middle Road Columbia Falls, MT Set on the scenic 206 corridor in Columbia Falls, this versatile Mountain Modern East Vall...	5 beds \| 3 baths \| 3,630 sq.ft.	$1,049,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 2.24% Airbnb Rental Income: $3842 Traditional Rental Income: $3658 Airbnb ROI: 1.58% Traditional ROI: 2.24%
272 Gleneagles Trail Columbia Falls, MT This striking 4-bedroom, 3-bathroom tri-level home combines modern design with a mountain ...	4 beds \| 3 baths \| 2,576 sq.ft.	$1,275,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 1.27% Airbnb Rental Income: $4001 Traditional Rental Income: $3394 Airbnb ROI: 1.06% Traditional ROI: 1.27%
1605 & 1629 4th Avenue W Columbia Falls, MT WONDERFUL INVESTMENT OPPORTUNITY in Columbia Falls, MT. 14 Apartments on 2 acres only 20 m...	N/A beds \| N/A baths \| N/A	$2,950,000	Airbnb cash on cash: -1.42% Traditional cash on cash: -1.38% Airbnb Rental Income: $2253 Traditional Rental Income: $1821 Airbnb ROI: -1.42% Traditional ROI: -1.38%
521 Evening Star Lane Columbia Falls, MT Experience Montana living in this 4-bedroom, 3-bath home in Riverbend Estates, just two bl...	4 beds \| 3 baths \| 3,160 sq.ft.	$799,999	Airbnb cash on cash: 2.63% Traditional cash on cash: 2.67% Airbnb Rental Income: $4001 Traditional Rental Income: $3174 Airbnb ROI: 2.63% Traditional ROI: 2.67%
240 Elk Park Road Columbia Falls, MT A newly drawn COS is now in documents making this property 2.38 acres which is enough for ...	3 beds \| 2 baths \| 2,642 sq.ft.	$739,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 2.38% Airbnb Rental Income: $2930 Traditional Rental Income: $2635 Airbnb ROI: 1.82% Traditional ROI: 2.38%
2280 North Fork Road Columbia Falls, MT Imagine owning your own 17 acre lake and 160 acres of incredible beauty surrounded by Nati...	1 beds \| 2 baths \| 1,000 sq.ft.	$3,800,000	Airbnb cash on cash: -0.84% Traditional cash on cash: -0.57% Airbnb Rental Income: $1418 Traditional Rental Income: $1958 Airbnb ROI: -0.84% Traditional ROI: -0.57%
7 Beth Road Columbia Falls, MT Duplex investment opportunity. 2 clean, 2 bedroom, 1-1/2 bath one level units. Long term t...	N/A beds \| N/A baths \| N/A	$575,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 1.92% Airbnb Rental Income: $2253 Traditional Rental Income: $1967 Airbnb ROI: 1.4% Traditional ROI: 1.92%

Real Estate investment in Columbia-falls, MT

There are 127 properties for sale in the city of Columbia Falls . The median list price in Columbia Falls is $698,000 and the average price per square foot is $276. In November 2025, the average monthly cash on cash return in Columbia Falls is 1.00%. The average monthly rental income in Columbia Falls is $2,219.

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

There are 127 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 $2,687.

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: -0.13%

Traditional cash on cash: 0.3%

Airbnb Rental Income: $2930

Traditional Rental Income: $3018

Airbnb ROI: -0.13%

Traditional ROI: 0.3%

4336 Mt Highway 40 W

Columbia Falls, MT

3 beds | 3 baths | 2,296 sq.ft.

$820,000

Airbnb cash on cash: 1.32%

Traditional cash on cash: 2.31%

Airbnb Rental Income: $2930

Traditional Rental Income: $3009

Airbnb ROI: 1.32%

Traditional ROI: 2.31%

5379 Flathead Ranch Road

Columbia Falls, MT

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

$1,575,000

Airbnb cash on cash: -0.11%

Traditional cash on cash: 0.44%

Airbnb Rental Income: $2930

Traditional Rental Income: $3058

Airbnb ROI: -0.11%

Traditional ROI: 0.44%

7240 Us Highway 2 E

Columbia Falls, MT

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

$715,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 1.78%

Airbnb Rental Income: $2687

Traditional Rental Income: $2366

Airbnb ROI: 1.3%

Traditional ROI: 1.78%

185 Kokanee Bend Drive

Columbia Falls, MT

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

$1,980,000

Airbnb cash on cash: 0.44%

Traditional cash on cash: 0.45%

Airbnb Rental Income: $4001

Traditional Rental Income: $3167

Airbnb ROI: 0.44%

Traditional ROI: 0.45%

680 Kelley Road

Columbia Falls, MT

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

$750,000

Airbnb cash on cash: 0.58%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $2253

Traditional Rental Income: $3672

Airbnb ROI: 0.58%

Traditional ROI: 3.41%

74 Wood Ridge Drive

Columbia Falls, MT

3 beds | 3 baths | 3,123 sq.ft.

$1,425,000

Airbnb cash on cash: 0.19%

Traditional cash on cash: 0.84%

Airbnb Rental Income: $2930

Traditional Rental Income: $3118

Airbnb ROI: 0.19%

Traditional ROI: 0.84%

9 Cedar Pointe Loop

Columbia Falls, MT

4 beds | 4 baths | 2,777 sq.ft.

$1,108,000

Airbnb cash on cash: 1.42%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $4001

Traditional Rental Income: $3760

Airbnb ROI: 1.42%