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Laurel, MT Apartment Buildings for Sale

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Laurel Multifamily Redevelopment Opportunity
Updated: Sep 10, 2025
Laurel Multifamily Redevelopment Opportunity

410 Colorado Avenue, Laurel, MT 59044

$499,000
59 sqft
Ideal multifamily or residential condo redevelopment opportunity in a rapidly growing city with a shortage of rentals/condos.
Purchase land and building "shell" at $20 PSF, significantly less than new construction costs.
Two buildings totaling 59,050 SF on a 90,000 SF lot.
Includes a 50,454 SF school building and a 7,900 SF auditorium.
Zoned Residential 6000.
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Laurel Multifamily Property For Sale
Updated: Feb 26
Laurel Multifamily Property For Sale

921 E 4th St |, Laurel, MT 59044

$1,585,000
Strong and reliable income stream due to consistent tenant demand.
5 Units are Brand New Construction**
11 units recently remodeled within the last 3 years.
$15,830 Gross Scheduled Monthly Income.**
Brand new HVAC system.
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Historic Two-Building Apartment Redevelopment
Historic Two-Building Apartment Redevelopment

410 Colorado Ave, Laurel, MT 59044

Contact for pricing
59,040 sqft

Redevelopment-ready historic property with two buildings and an auditorium, zoned for residential multi-family conversions in Laurel.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 3 Active listings in Laurel, MT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 25 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Six-Plex Apartment Building Under Construction
Six-Plex Apartment Building Under Construction

4633 King Avenue W, Billings, MT 59106

$1,990,000
7,864 sqft 1.84 AC lot

Six 2- and 3-bedroom units under construction on a 1.841-acre site with public water and sewer, with 20 of 24 units leased.

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Furnished Sober Living Multifamily Home
Furnished Sober Living Multifamily Home

3320 Ravalli Pl, Billings, MT 59102

$500,000
5,144 sqft 0.21 AC lot

Operating sober living home with 8 bedrooms, two full kitchens, separate entrances, and 100% furnished ready for use.

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West End Multifamily Investment Opportunity
West End Multifamily Investment Opportunity

2601 Phyllis Ln, Billings, MT 59102

$9,363,000

Multifamily property in West End, near shopping and businesses.

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Mixed-Use Development in Billings, MT
Mixed-Use Development in Billings, MT

62nd and Rimrock Road, Billings, MT 59106

Contact for pricing

Premier mixed-use development with retail, office, and residential opportunities.

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Off-Market Properties in Laurel, MT

Consider similar Off-Market properties in Laurel, MT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

711 Main St
GARDEN APT, COURT APT (5+ UNITS)

711 Main St, Laurel, MT 59044-3126

$335,000
Estimated value
2,846 sqft 0.45 AC lot
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619 Washington Ave
GARDEN APT, COURT APT (5+ UNITS)

619 Washington Ave, Laurel, MT 59044-2456

$395,000
Estimated value
4,608 sqft 0.29 AC lot
View details
921 4th St
GARDEN APT, COURT APT (5+ UNITS)

921 4th St, Laurel, MT 59044-2843

$485,000
Estimated value
7,286 sqft 0.39 AC lot
View details
701 1st St
GARDEN APT, COURT APT (5+ UNITS)

701 1st St, Laurel, MT 59044

$355,000
Estimated value
2,880 sqft 0.23 AC lot
View details
620 Main St
GARDEN APT, COURT APT (5+ UNITS)

620 Main St, Laurel, MT 59044-2903

$360,000
Estimated value
2,736 sqft 0.54 AC lot
View details
1015 1st Ave
GARDEN APT, COURT APT (5+ UNITS)

1015 1st Ave, Laurel, MT 59044-2129

$565,000
Estimated value
4,500 sqft 0.30 AC lot
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1011 1st Ave
GARDEN APT, COURT APT (5+ UNITS)

1011 1st Ave, Laurel, MT 59044-2141

$370,000
Estimated value
4,000 sqft 0.30 AC lot
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1018-1030 Great Norhtern Rd, Unit 18
GARDEN APT, COURT APT (5+ UNITS)

1018-1030 Great Norhtern Rd, Laurel, MT 59044

Unit 18
Value Estimation by Request
7,471 sqft 0.51 AC lot
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1103 Main St
GARDEN APT, COURT APT (5+ UNITS)

1103 Main St, Laurel, MT 59044-2803

$330,000
Estimated value
4,920 sqft 0.29 AC lot
View details
716 Main St
GARDEN APT, COURT APT (5+ UNITS)

716 Main St, Laurel, MT 59044-2931

$420,000
Estimated value
2,151 sqft 0.54 AC lot
View details
615 Hazel Ave
GARDEN APT, COURT APT (5+ UNITS)

615 Hazel Ave, Laurel, MT 59044-2524

$395,000
Estimated value
3,072 sqft 0.24 AC lot
View details
315 Maryland Ln
GARDEN APT, COURT APT (5+ UNITS)

315 Maryland Ln, Laurel, MT 59044-2105

$585,000
Estimated value
13,284 sqft 2.21 AC lot
View details
12 3Rd Ave
Multifamily properties

12 3Rd Ave, Laurel, MT 59044

Value Estimation by Request
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421 Yellowstone Ave
GARDEN APT, COURT APT (5+ UNITS)

421 Yellowstone Ave, Laurel, MT 59044-3435

$400,000
Estimated value
7,000 sqft 0.48 AC lot
View details
19 Pennsylvania Ave
GARDEN APT, COURT APT (5+ UNITS)

19 Pennsylvania Ave, Laurel, MT 59044-3130

Value Estimation by Request
4,860 sqft 0.19 AC lot
View details
1034 Montana Ave
GARDEN APT, COURT APT (5+ UNITS)

1034 Montana Ave, Laurel, MT 59044-2142

$390,000
Estimated value
2,613 sqft 0.15 AC lot
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1044 Montana Ave
GARDEN APT, COURT APT (5+ UNITS)

1044 Montana Ave, Laurel, MT 59044-2143

$440,000
Estimated value
2,613 sqft 0.15 AC lot
View details
310 Main St, Unit 320
GARDEN APT, COURT APT (5+ UNITS)

310 Main St, Laurel, MT 59044-3111

Unit 320
$405,000
Estimated value
7,508 sqft 0.41 AC lot
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707 Main St
GARDEN APT, COURT APT (5+ UNITS)

707 Main St, Laurel, MT 59044-2941

Value Estimation by Request
16,632 sqft 0.89 AC lot
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308 Cedar Ave
GARDEN APT, COURT APT (5+ UNITS)

308 Cedar Ave, Laurel, MT 59044-3255

$380,000
Estimated value
2,640 sqft 0.29 AC lot
View details
302 Cedar Ave
GARDEN APT, COURT APT (5+ UNITS)

302 Cedar Ave, Laurel, MT 59044-3224

$350,000
Estimated value
5,280 sqft 0.29 AC lot
View details

Laurel, MT Apartment Buildings Market Trends and Statistics

Explore 28 apartment buildings for sale in Laurel, MT, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 59,099 square feet of properties for sale, with an estimated market value of $2,084,000.

Sale prices for two-family homes in Laurel, MT start at $499,000, averaging $1,042,000, and reaching up to $1,585,000 — 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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Demographics Overview

Population 12K
Population Growth (5Y) +5.1%
Median Household Income $86,011
College Educated 32.8%

High-Yield Neighborhoods for Investment

Identify Laurel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
59044 $1.6M

Taxes & Financing

Tax Rate (average for all types) 0.97%
Property Tax per SF $10.95 per SF
Tax Rate vs County Average 0.11 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Yellowstone County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Laurel fall within the 50,000 to 100,000 square foot range.

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