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    400 Railroad Ave Paradise, MT 59856

    New
    For Sale
    $599,000

    MULTI_FAMILY - Other - Paradise, MT

    Type:Apartment
    Lot size:
    0.13 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 10 at 6:06 am

    Property Features for 400 Railroad Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Apartment
    TransactionType
    Standard
    Standard status
    Active
    APN
    35286120403200000
    Parking features
    Alley
    Exterior features
    Awnings, Balcony
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Private Sewer, Septic Tank
    Heating system
    Baseboard, Electric (Heating)

    Building Details

    Year built
    1935
    Number of units
    10
    Architectural style
    Other

    Clearwater Montana Properties, Inc (406) 677-3000 [email protected]

    Listing agent Kathy Crockett (406) 261-2180 License #RRE-RBS-LIC-14775

    Listing date Dec 6, 2025

    MLS# 30061874 Listing URL

    Copyright © 2025 Montana Regional 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

    Highway Commercial Property with Apartments

    Located on Highway 200 in Paradise, Montana, this property features a prime commercial location. It includes two commercial spaces facing the highway and eight newly remodeled apartment spaces. The apartments consist of six studio spaces and two two-bedroom units. These units have been updated with new flooring, windows, appliances, paint, and trim, and are ready for occupancy. Prior operations at this location generated a positive cash flow. The property is situated very close to a hot springs facility. The lot size is 0.132 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Paradise
    County
    Sanders
    State
    Montana
    Longitude
    -114.802385
    Latitude
    47.389515

    FAQs

    What type of property is this?
    Apartment building - Commercial spaces and remodeled apartments near Highway 200.
    Where is this apartment building located?
    The property is located at 400 Railroad Ave Paradise, MT.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Prime commercial location on HWY 200; - Two commercial spaces facing Hwy 200; - Eight newly remodeled apartment spaces (6 studio, 2 two-bedroom)
    (406) 261-2180
    Request Owner's contact information
    400 Railroad Ave Paradise, MT 59856
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    Paradise, MT 59856
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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
    400 Railroad Ave Paradise, MT 59856
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