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Four-Unit Mixed-Use Quadplex
For Sale
$596,000

124 E Commercial Avenue, Anaconda, MT 59711

ResidentialIncome, Anaconda, MT

Property SizeContact for details
Lot Size0.16 Acres
Days on Market119

Property Features for 124 E Commercial Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description None/Unknown
Directions See Map
Subdivision 10A - Anaconda
Standard status Active
APN 0000221900
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ANACONDA ORIGINAL TOWNSITE, S03, T04 N, R11 W, BLOCK 6, LOT 23 - 24
Tax Annual Amount 5917
Legal Description ANACONDA ORIGINAL TOWNSITE, S03, T04 N, R11 W, BLOCK 6, LOT 23 - 24

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1950
Floors in Building 2
Number of units 4
Architectural style Other
Listing Agency: Century 21 Shea Realty · Century 21 Real Estate
Listed By: Michael Moreni · License #BRO-108216
Added: May 30 Changed: Aug 19 Last Checked: Sep 25 at 3:06AM
MLS# 411505

Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 124 E Commercial Avenue in Anaconda, this 1950-built quadplex combines four residential apartments with two commercial storefronts. Both storefronts are fully leased, while two apartments have undergone recent remodeling. Residents have access to shared laundry facilities and a covered patio, and the property includes off-street parking.

The property also contains basement space and an unused ground-level area that can accommodate storage, an additional commercial unit, or another use. An adjoining lot is included, expanding the site beyond the building footprint. Public water and public sewer serve the property, with forced-air heating and ceiling fan cooling. The parcel measures 0.1607 acres and is located in Deer Lodge County.

Key Highlights

  • Four residential apartments paired with two commercial storefronts
  • Both commercial storefronts are fully leased
  • Two apartments have been recently remodeled

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Furniture & Home Goods (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

593
Businesses Nearby

Demographics for 59711, MT

9,234
Population
6,108
Households
1.5
Avg Household Size
50
Median Age
23%
College-Educated
93%
High-School Grad
558.6 sq mi
ZIP Area
17
Density / Sq Mi
$50,965
Median Household Income
$33,725
Median Earnings
$666
Median Rent
$215,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Mixed-use property with leased storefronts, remodeled apartments, shared laundry, covered patio, and off-street parking.
Where is this quadplex located?
The property is located at 124 E Commercial Avenue Anaconda, MT.
What is the asking price?
The asking price for this property is $596,000.
What are key features of this property?
This property features: Four residential apartments paired with two commercial storefronts; Both commercial storefronts are fully leased; Two apartments have been recently remodeled
More about this property
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