Investment opportunity in Worden, Montana! This established 12-unit multifamily property offers a strong rental history and the stability of participation in the USDA Rural Development (RD) program, with approximately 9 years remaining. The RD structure provides an important source of affordable housing while offering investors an established income-producing asset. The property offers an opportunity for continued operation within RD while building long-term value. Located in the growing Worden community with convenient access to Billings and surrounding Yellowstone County amenities. Property is being marketed alongside 2467 2nd St, providing an opportunity to acquire additional multifamily units in the same location. Buyer to verify all financial information, RD requirements, rental assistance, transfer requirements and program restrictions.
For sale
$1,130,000
2465 2nd St, Worden, MT 59088
--beds
--baths
8,272sqft
Multi Family, Apartment
Built in 1980
-- sqft lot
$-- Zestimate®
$137/sqft
$-- HOA
What's special
- 29 days
- 136
- 1
Zillow last checked:
Listing updated:
Listed by:
Hannah Reno 406-210-0136,
Keller Williams Yellowstone Pr
Source: BMTMLS,MLS#: 361315
Originating MLS: Billings Association Of REALTORS
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s)
Interior area
- Total interior livable area: 8,272 sqft
- Finished area above ground: 8,272
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.31 Acres
- Features: Landscaped, Level
Details
- Parcel number: C04051
- Zoning description: Other
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Wood Siding
Condition
- Resale
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Schultz Second Add
Location
- Region: Worden
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $730,871
- Annual tax amount: $3,327
- Date on market: 8/16/2026
- Listing terms: Cash,1031 Exchange,New Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2026 | Listed for sale | $1,130,000$137/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,059 -8.8% | $695,100 +11.3% |
| 2024 | $3,354 -19.6% | $624,600 |
| 2023 | $4,173 +9.6% | $624,600 +22.3% |
| 2022 | $3,808 -1.5% | $510,800 |
| 2021 | $3,868 +4.5% | $510,800 +3.4% |
| 2020 | $3,701 -6.2% | $494,000 |
| 2019 | $3,947 -0.2% | $494,000 +3.8% |
| 2018 | $3,956 +1.7% | $476,100 |
| 2017 | $3,890 +11.5% | $476,100 +1.4% |
| 2016 | $3,490 | $469,700 |
| 2015 | $3,490 +40.2% | $469,700 +185.2% |
| 2014 | $2,489 -3.8% | $164,671 -2.2% |
| 2013 | $2,587 -4.3% | $168,444 -2.2% |
| 2012 | $2,702 | $172,170 |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $305,800 |
| 2007 | -- | $305,800 |
| 2006 | -- | $305,800 |
| 2005 | -- | $305,800 |
| 2004 | -- | $305,800 -21.6% |
| 2003 | -- | $390,200 +50.7% |
| 2002 | -- | $258,925 |
| 2000 | -- | $258,925 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 59088
Nearby schools
Schools provided by the listing agent
- Elementary: Huntley Project
- Middle: Huntley Project
- High: Huntley Project
Source: BMTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





