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Triplex Ranch Property
For Sale
$515,000

408 S Cedar Street, Townsend, MT 59644

ResidentialIncome, Townsend, MT

Property SizeContact for details
Lot Size0.33 Acres
Days on Market163

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 Ceiling Fan(s), Varies by Unit
Water source Public

Building Details

Year built 1940
Floors in Building 1
Number of units 3
Roof type Asphalt, Metal
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: Sep 16 Last Checked: Sep 25 at 4:06AM
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.

This triplex at 408 S Cedar Street includes three separate residences on a 0.326-acre parcel. The primary home is a single-level, two-bedroom, one-bath ranch-style residence built in 1940. A three-bedroom, two-bath manufactured home constructed in 2011 and a two-bedroom, two-bath manufactured home dating to 1994 provide additional accommodations. The property includes landscaping, assigned parking, porches, public water, and public sewer.

Appliances include ranges, refrigerators, dishwashers, washers, and dryers. Heating is provided by forced air, while cooling varies by unit and includes ceiling fans. The property is located in Townsend, Montana, with access to the Missouri River and regional destinations including Helena and Bozeman.

Key Highlights

  • Three residences on a 0.326‑acre lot
  • 408 S Cedar Street, Townsend, MT 59644
  • Main home is a 2‑bedroom, 1‑bath ranch built in 1940

Property Analytics

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Current Use

Triplexes

Suggested Use

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

3
Residential units

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
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?
Triplex - Three residences share a landscaped parcel with assigned parking, porches, public utilities, and in-unit appliances.
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: Three residences on a 0.326‑acre lot; 408 S Cedar Street, Townsend, MT 59644; Main home is a 2‑bedroom, 1‑bath ranch built in 1940
More about this property
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