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    1206/1208 F. Ave Circle, MT 59215

    New
    For Sale
    $645,500

    Multi Family, Four-Plex - Circle, MT

    Type:Multi Family
    Property size:
    6,400 SF
    Lot size:
    1.33 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 6 at 9:06 pm

    Property Features for 1206/1208 F. Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    Residential, Commercial, Multi Family
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    16
    APN
    41-2945-10-3-34-01-0
    Interior features
    Ceiling Fans, Accessibility Features, Flooring- Linoleum, Flooring- Carpet, Countertops- Solid Surface, Windows- Updated
    Exterior features
    Out Building, Trees, View Of Hills, Work Shop
    Appliances
    Garbage Disposer, Range, Refrigerator
    Size
    6,400 SF
    Lot size
    1.33 Acres

    Utilities

    Heating system
    Baseboard
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1975
    Floors in Building
    4
    Number of units
    8
    Building materials
    Brick, Stone
    Roof type
    Asphalt, Metal, Shingle
    Architectural style
    Other

    United Country Montana-Dakota Real Estate (406) 989-1983 [email protected]

    Listing agent Jennifer Jones (406) 365-7974

    Listing date Dec 1, 2025

    MLS# 331300 Listing URL

    Copyright © 2025 Glendive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Fourplex Investment Opportunity

    These well-maintained fourplexes present a strong investment opportunity, offering steady income with minimal upkeep. The properties are currently operated as 55+ HUD-rated housing, but there is no requirement to remain age-restricted, providing flexibility for future use and tenant options. Each of the eight units includes 2 bedrooms and 1 bathroom, along with updates that enhance comfort and accessibility for long-term tenants. All units feature individual electric meters, detached garages, and access to an on-site coin-operated laundry, offering convenience for residents and additional income potential for owners. Recent improvements have enhanced both efficiency and curb appeal, helping maintain full occupancy and attract stable renters. The properties are designed for independent living with a sense of community, making them ideal for those seeking turnkey, low-maintenance income properties. Located in Circle, Montana, this quiet community offers an active small-town lifestyle with access to fishing, hiking, stargazing, snowmobiling, rodeos, county fairs, and local community events. The property, zoned for residential, commercial, and multi-family use, sits on a 1.33-acre lot. The building size is 6400 square feet. This is a solid investment with reliable income and long-term potential.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Circle
    County
    McCone
    State
    Montana
    Longitude
    -105.5931056
    Latitude
    47.414558

    Nearby Similar for Sale

    • $329,000
      3.14 Acres

      112 B Dr, Circle, MT 59215

      Commercial real estate • 3.14 Acres
      112 B Dr, Circle, MT 59215
      View Details

    FAQs

    What type of property is this?
    Apartment building - Income-generating fourplexes in Circle, MT with flexible usage options.
    Where is this apartment building located?
    The property is located at 1206/1208 F. Ave Circle, MT.
    What is the asking price?
    The asking price for this property is $645,500.
    What are key features of this property?
    This property features: - Strong investment opportunity with steady income and minimal upkeep.; - Eight total units, each with 2 bedrooms and 1 bathroom, designed for comfortable and accessible long-term tenants.; - No requirement to remain age-restricted, providing flexibility for future use and tenant options.
    (406) 365-7974
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    1206/1208 F. Ave Circle, MT 59215
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1206/1208 F. Ave Circle, MT 59215
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