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Ranch Triplex
For Sale
$515,000

408 S Cedar Street, Townsend, MT 59644

MULTI_FAMILY - Ranch - Townsend, MT

Property SizeContact for details
Lot Size0.33 Acres
Days on Market117

Property Features for 408 S Cedar Street

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning description None/Unknown
Parking features Assigned
Patio and Porch features Porch
Exterior features Landscaping
Appliances Dishwasher, Range, Refrigerator, Dryer, Washer
Subdivision Townsend Original Plat
Lot features Landscaped
Directions Head south on Cedar st. Home is on the right, before E street. Alley access for main home off of E street.
Standard status Active
APN 0007C01108
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TOWNSEND ORIGINAL TOWNSITE, S31, T07 N, R02 E, BLOCK 37, LOT 11-12
Tax Annual Amount 2700
Legal Description TOWNSEND ORIGINAL TOWNSITE, S31, T07 N, R02 E, BLOCK 37, LOT 11-12

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Varies by Unit, Ceiling Fan(s)
Water source Public

Building Details

Year built 1940
Floors in Building 1
Number of units 3
Roof type Metal, Asphalt
Architectural style Ranch
Additional Structures Shed(s)
Listing Agency: Keller Williams Capital Realty · Keller Williams Realty
Listed By: Jocelyne Reynolds · License #RBS-99882
Added: Apr 16 Changed: Jul 31 Last Checked: Aug 10 at 4:06PM
MLS# 410387

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.

Ranch-style triplex featuring three separate rental units sharing a 0.326-acre lot. The main home at 408 S Cedar Street is a single-level 2-bedroom, 1-bath residence built in 1940. The property also includes 408A Cedar Street, a 2011 manufactured home with 3 bedrooms and 2 baths, and 408B Cedar Street, a 1994 manufactured home with 2 bedrooms and 2 baths.

Each unit is served by public water and public sewer. Heating is forced air, and cooling varies by unit with ceiling fans. Interior convenience features include a dishwasher, range, refrigerator, dryer, and washer. Outdoor space includes landscaping and a porch, and parking is provided with assigned spaces.

With all three units under one shared lot, the property offers a straightforward multi-unit setup with separate residential floorplans across the main home and two manufactured homes.

Key Highlights

  • 0.326‑acre lot shared by three rental units
  • Main home: 2 bed, 1 bath, built 1940
  • 408A Cedar Street: 3 bed, 2 bath manufactured home built 2011

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Storage Facility Carpet & Flooring Store Barber Shop

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

265
Businesses Nearby

Demographics for 59644, MT

4,418
Population
1,976
Households
2.2
Avg Household Size
48
Median Age
17%
College-Educated
89%
High-School Grad
716.3 sq mi
ZIP Area
6
Density / Sq Mi
$59,082
Median Household Income
$34,303
Median Earnings
$1,022
Median Rent
$307,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - Ranch triplex on a 0.326-acre lot with three rental units, porches, forced-air heat, and public water and sewer.
Where is this triplex located?
The property is located at 408 S Cedar Street Townsend, MT.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 0.326‑acre lot shared by three rental units; Main home: 2 bed, 1 bath, built 1940; 408A Cedar Street: 3 bed, 2 bath manufactured home built 2011
More about this property
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