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  • Price Unknown

    2301 2nd Ave N, Great Falls, MT 59401

    6beds
    6baths
    5,854sqft
    Multi Family, Apartment
    Built in 1920
    -- sqft lot
    $470,000 Zestimate®
    $--/sqft
    $1,900 Estimated rent

    Home value

    $470,000

    $390,000 - $559,000

    $1,900/mo

    Zestimate® history
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    What's special

    This 6-unit apartment complex (a 2-unit building and a 4-unit building on the same lot) presents a great investment opportunity, meeting the 1% rule as is, with additional value-add potential through renovations. Five out of six units are occupied, generating a gross rent of $3,785. Fill the vacant unit as is to increase cash flow, or start renovations on the vacant unit right away to add value! With solid rental income potential and the possibility to increase returns with updates, this property offers steady cash flow and is well-suited for investors looking for stable growth in the rental market. Agent owned.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tristan Mistkawi 503-559-7424,

    Real Broker, LLC

    Bought with:

    Kim L Martin, RRE-BRO-LIC-12837

    Dascoulias Realty Group

    Source: MRMLS,MLS#: 30030716MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 5,854
    • Total interior livable area: 5,854 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: Multi/Split
    Lot
    • Size: 7,492 Square Feet
    Details
    • Parcel number: 02301607133010000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Split Level
    • Property subtype: Multi Family, Apartment
    Materials
    • Foundation: Other, Poured
    Condition
    • New construction: No
    • Year built: 1920

    Community & HOA

    Location
    • Region: Great Falls

    Financial & listing details

    • Tax assessed value: $270,500
    • Annual tax amount: $3,834
    • Date on market: 7/18/2024
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    9/20/2024Sold--
    Source: MRMLS #30030716 Report a problem
    9/12/2024Listed for sale$185,000$32/sqft
    Source: MRMLS #30030716 Report a problem
    9/2/2024Listing removed$185,000-17.8%$32/sqft
    Source: MRMLS #30030716 Report a problem
    8/1/2024Price change$225,000-10%$38/sqft
    Source: MRMLS #30030716 Report a problem
    7/18/2024Listed for sale$250,000$43/sqft
    Source: MRMLS #30030716 Report a problem
    9/13/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/8/2023Listed for rent$900
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,619 -22.3%$270,500 +20.9%
    2024$2,084 -40%$223,700 -38.9%
    2023$3,473 +52.6%$366,300 +64.3%
    2022$2,276 -3.4%$222,900
    2021$2,357 -0.1%$222,900 -0.1%
    2020$2,360 +4.3%$223,200
    2019$2,262 -8.6%$223,200 +4.6%
    2018$2,475 +5.8%$213,400
    2017$2,339 -42.3%$213,400 +9.6%
    2016$4,058 +116.9%$194,720
    2015$1,871 +1.5%$194,720 +114.2%
    2014$1,843 +18.9%$90,924 +1.2%
    2013$1,550 +2.4%$89,825 +1.5%
    2012$1,514 $88,531
    2011-- --
    2010-- --
    2009-- --
    2008-- $131,200
    2007-- $131,200
    2006-- $131,200
    2005-- $131,200
    2004-- $131,200
    2003-- $131,200 +20.3%
    2002-- $109,050
    2000-- $109,050
    Find assessor info on the county website

    Neighborhood: 59401

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $470,000
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    +$9,400
    With Zillow Showcase(estimated)
    $479,400