Multi Family Home

323 1st Avenue SW

Great Falls, MT 59404

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Active Under ContractMLS® 30078115
$299,000
323 1st Avenue SW, Great Falls, MT 59404
Bds Ba Sq.Ft. 0.17 Ac
Description

Four units for $299,000! This multifamily fourplex offers an excellent opportunity for investors or an owner-occupant looking to offset their housing costs with rental income. The property features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, with newer windows installed throughout and a roof that is less than 10 years old. The property has been generating approximately $2,850 per month when fully occupied. One unit will be vacant, with the remaining occupied units currently generating approximately $2,350 per month, giving the next owner flexibility to occupy the available unit, place a new tenant, or explore opportunities to increase rental income over time. Tenants also have access to coin-operated laundry in the basement, and additional parking is available off the back alley. With four units, existing rental income, and flexibility for the vacant unit, this property offers multiple possibilities for its next owner. Priced at $299,000 and ready for its next chapter!

Interior
  • Laundry Common Area, Washer Hookup
  • A/C Wall Unit(s)
  • Heating Forced Air, Gas
Exterior and Construction
  • Roofing Composition
  • Construction Two, Poured
Utilities
  • Sewer Public Sewer
Land and Lot
  • Lot size 0.17 acres (7,405 sq ft)
  • View Residential
Location and Zoning
  • Road/Access Alley, City Street
  • County Cascade
  • Zoning GREAT FALLS FIFTH ADDITION, S11, T20 N, R03 E, BLOCK 596, Lot 014, 02301511235010000
Schools
  • School District Great Falls High School District
Tax and Legal
  • Annual tax $2,560.18
  • Tax year 2025
  • Parcel number 02301511235010000
  • Legal description GREAT FALLS FIFTH ADDITION, S11, T20 N, R03 E, BLOCK 596, Lot 014
Parking and Garage
  • Garage On Street

Listing Information

Listing Agent
Audrey Lazzarini
Listing Office
Dustin Young and Company
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