Exceptional 12-unit Investment Opportunity! Recently renovated w/amazing cash flow & super low vacancy. Turn-key property priced under 100K per unit! Achieving an impressive 8.22 Cap rate with room to grow, GOI is 128,261 & NOI is 100,751. Awesome curb appeal w/lg well-maintained lot, this mid-century garden style, 3-building structure offers 11-1 bds, 1–2 bd, separate coin-op laundry, 2 additional storage rms-future apt expansion & 5 off-street parking spots. 9 units are fully rehabbed w/ 3 needing further renovations & under market rent providing buyers with a great value-add & projected increase of additional income. Each unit separately metered for electric/gas. A full list of improvements is available & new electrical service/panels, cement work/grading, paint, kitchen cabinets, flooring, lighting, custom tile in baths, vanities, appliances, HVAC. This building is locally managed by the owners and is very well maintained and managed.
Closed
Price Unknown
1218 8th Ave S, Great Falls, MT 59405
13beds
12baths
--sqft
Multi Family, Apartment
Built in 1952
-- sqft lot
$1,256,000 Zestimate®
$--/sqft
$1,129 Estimated rent
Home value
$1,256,000
$1.08M - $1.46M
$1,129/mo
Zestimate® history
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List your homeWhat's special
Custom tile in bathsMid-century garden styleWell-maintained lotOff-street parking spotsSeparate coin-op laundryKitchen cabinets
Zillow last checked:
Listing updated:
Listed by:
Dustin J Young 406-868-0736,
Dustin Young and Company
Bought with:
Dustin J Young, RRE-BRO-LIC-12951
Dustin Young and Company
Source: MRMLS,MLS#: 30035348
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 12
Heating
- Forced Air, Gas
Appliances
- Included: Range, Refrigerator
- Laundry: Common Area, Washer Hookup
Features
- Basement: None
- Has fireplace: No
Property
Lot
- Size: 0.34 Acres
Details
- Parcel number: 02301512413110000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Slab
- Roof: Rubber,Rolled/Hot Mop
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Great Falls
Financial & listing details
- Annual tax amount: $7,029
- Date on market: 7/1/2025
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2025 | Sold | -- |
Source:  MRMLS #30035348 Report a problem | ||
| 6/11/2025 | Listed for sale | $1,195,000 |
Source: MRMLS #30035348 Report a problem | ||
| 11/27/2024 | Listing removed | $1,195,000 |
Source: MRMLS #30035348 Report a problem | ||
| 10/18/2024 | Listed for sale | $1,195,000+127.6% |
Source: MRMLS #30035348 Report a problem | ||
| 1/20/2016 | Sold | -- |
Source: MRMLS #3150043 Report a problem | ||
| 4/7/2015 | Listing removed | $525,000 |
Source: Keller Williams - Helena #14-531 Report a problem | ||
| 12/4/2014 | Listed for sale | $525,000 |
Source: Keller Williams Realty #14-531 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Neighborhood: 59405
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Nearby schools
GreatSchools rating
- 3/10Longfellow SchoolGrades: PK-6Distance: 0.2 mi
- 5/10East Middle SchoolGrades: 7-8Distance: 2.4 mi
- 2/10Great Falls High SchoolGrades: 9-12Distance: 0.7 mi
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$1,256,000
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+$25,120
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$1,281,120
- Montana
- Cascade County
- Great Falls
- 59405
- 1218 8th Ave S
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