Montana Apartment Buildings for Sale

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Updated: Apr 13

Multi-Family Property with 8-Plex

3012 and 902 9th Ave S, Billings, MT 59101

$525,000

5,451 sqft · 0.17 AC lot

Multi‑family property on one tax code with two buildings: an 8‑plex plus a single‑family residence
8‑plex unit mix: one 2‑bed/1‑bath, six 1‑bed/1‑bath, and one studio unit
Single‑family unit has 2 bedrooms and 1 bathroom
All units are rented
Public water and public sewer

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This listing looks promising.

Here's a quick look at some key insights for

3012 and 902 9th Ave S, Billings, MT 59101

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$46K
Annual
Price @ 7% Cap

$659K
Above asking
Property Type

Single Family Residence
Built 1930

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Updated: Jul 1

6-Plex Multifamily Building

4633 King Avenue W, Billings, MT 59106

$1,990,000

7,864 sqft · 1.84 AC lot

Brand‑new 6‑plex under construction (Year built 2024) in Ridgeline Subdivision on Billings’ West End
Modular prefab construction with central air plus natural gas forced‑air heating
Unit mix: two 2BR/1BA, two 2BR/2BA, and two 3BR/2.5BA units
Public utilities: public water and public sewer
Roofing: asphalt shingles

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Five-Unit Apartment Building

405 Roxy Lane, Billings, MT 59105

$810,000

5,600 sqft · 0.28 AC lot

Five two-bedroom, one-bath units on a corner lot with additional parking and individual decks/patios.

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Remodeled 7-Plex Investment Property

709 Anchor Avenue, Billings, MT 59105

$775,000

3,652 sqft · 0.24 AC lot

Mid-century 7-unit building that is fully rented, with major updates since 2012 including roof, boiler, windows, doors, and remodels.

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2022-Renovated Fourplex and Two Houses

206-210 N 18th Street, Billings, MT 59101

$774,000

3,362 sqft · 0.16 AC lot

Completely renovated 2022 fourplex plus two houses on two lots, with stone/granite counters in five units.

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Historic Mixed-Use Building

120 W Broadway Street, Butte, MT 59701

$800,000

29,916 sqft · 0.12 AC lot

Six-floor mixed-use building with active lower-level commercial space and upper floors with plumbing and electrical stubs for future conversion.

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Victorian Five-Plex in Central Billings

105 Yellowstone Avenue, Billings, MT 59101

$495,000

5,310 sqft · 0.32 AC lot

Unique investment opportunity: five units, garages, potential single-family conversion.

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Modern Multifamily Investment Opportunity

10 Diane Road, Columbia Falls, MT 59912

$1,800,000

1,150 sqft · 0.33 AC lot

New construction multifamily property in Columbia Falls, Montana.

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Revitalized Mixed-Use Gem in Butte

59 E Park Street, Butte, MT 59701

$3,000,000

99,999 sqft · 0.20 AC lot

Turnkey property with residential units and commercial spaces.

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Furnished Multi-Unit Investment Property

811 N Meade Ave, Glendive, MT 59330

$440,000

3,828 sqft · 0.17 AC lot

Furnished multi-unit property operating as a short-term rental business.

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Bozeman Multifamily Investment Opportunity

621 and 617 N Rouse Avenue, Bozeman, MT 59715

$2,025,000

0.48 AC lot

Five-unit property on 0.48 acres near downtown Bozeman.

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Stabilized Multifamily in Central Billings

420 Lordwith Drive, Billings, MT 59102

$5,450,000

23,760 sqft · 0.55 AC lot

24-unit multifamily property with renovation upside and condo conversion potential.

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25-Unit Multifamily Income Property

209 10th ST SE, Sidney, MT 59270

$1,900,000

1.26 AC lot

25-unit multifamily property in Sidney, Montana, reported fully occupied and available for sale.

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Bozeman Multifamily Investment Opportunity

409 S Grand Avenue, Bozeman, MT 59715

$925,000

0.19 AC lot

Five-unit apartment building in Bozeman's historic Bon Ton District.

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Billings Multifamily Income Property

3012 and 902 9th Ave S, Billings, MT 59101

$525,000

5,451 sqft · 0.17 AC lot

Multi-family property with 8-plex and single-family home in Billings.

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Apartment Building with On-Site Laundry

1263 Us Highway 2 E, Kalispell, MT 59901

$2,000,000

1.03 AC lot

Twenty rental units with on-site laundry and a spacious parking lot, offering a straightforward residential income setup.

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Glendive 7-Plex Investment Opportunity

117 S Sargent, Glendive, MT 59330

$350,000

10,021 sqft · 0.17 AC lot

7-unit multifamily property in Glendive, Montana, sold as-is.

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Downtown Mixed-Use Investment Opportunity

124 E Commercial Avenue, Anaconda, MT 59711

$596,000

0.16 AC lot

Prime mixed-use property with income and growth potential.

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Mixed-Use Development Opportunity in Billings

100 W Wicks, Billings, MT 59105

$1,900,000

6,156 sqft · 2.44 AC lot

Prime commercial property with development potential in a growing area.

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Apartment Building with 2BR Units

201 9th Ave NW, Sidney, MT 59270

$2,225,000

0.92 AC lot

Twenty two-bedroom, one-bath apartments offered with management already in place for continued operations.

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Renovated Apartment Building in Montana

Cut Bank, MT 59427

$2,995,000

0.92 AC lot

35-unit apartment building with comprehensive renovations and high rental demand.

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Renovated 35-Unit Apartment Building

229 2nd Avenue SE, Cut Bank, MT 59427

$2,995,000

0.92 AC lot

35-unit multifamily property with refreshed interiors, updated laundry, and mechanical and electrical upgrades.

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Mixed-Use Building with Food Service

1282 US Hwy 2, Kalispell, MT 59901

$1,399,000

0.56 AC lot

Turnkey mixed-use building with remodeled ground-floor food service/retail and five remodeled apartments above.

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Well-Maintained 10-Plex Investment Opportunity

518 W Jefferson Avenue, Chester, MT 59522

$795,000

0.66 AC lot

10-unit multifamily property in Chester, MT with strong financials.

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Montana Apartment Buildings Market Trends and Statistics

Explore 78 apartment buildings for sale in Montana, showcased through 78 active listings on our real estate platform. These investment opportunities span a total of 840,701 square feet of properties for sale, with an estimated market value of $94,539,850.

Sale prices for two-family homes in Montana start at $50,000, averaging $1,818,074, and reaching up to $7,395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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