Search
Ranch Quadplex with Updated Units
For Sale
$500,000

414 /418 Buchanan Street SW, Ronan, MT 59864

ResidentialIncome, Ranch, Ronan, MT

Property SizeContact for details
Lot Size0.26 Acres
Days on Market313

Property Features for 414 /418 Buchanan Street SW

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning Residential
Zoning description Res
Rooms Laundry Room, Basement
Parking features On Street, Alley
Appliances Dryer, Range, Refrigerator, Washer
Lot features Back Yard
Directions Turn off Hwy 93 to the West on Eisenhower, turn right on 4th, left on Buchanan
Standard status Active
APN 15298702129040000
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description STANLEY SCEARCE ADD, S02,T20N,R20W BLOCK 11,LOT 12 and LOT 13. Additional Assessor #: 0000009677
Tax Annual Amount 3883
Legal Description STANLEY SCEARCE ADD, S02,T20N,R20W BLOCK 11,LOT 12 and LOT 13. Additional Assessor #: 0000009677

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1937
Floors in Building 1
Number of units 4
Building materials WoodSiding
Roof type Asphalt, Metal
Architectural style Ranch
Listing Agency: Mission Valley Properties
Listed By: Jill J Ursua · License #RRE-BRO-LIC-39284
Added: Oct 16, 2025 Changed: Aug 24 Last Checked: Aug 24 at 11:06PM
MLS# 30059701

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This four-home residential property includes a 1,479-square-foot, two-bedroom home with 1.5 baths and a bonus room; a 1,024-square-foot, two-bedroom home with one bath; and two alley-accessed units measuring 608 and 982 square feet. The smaller residences each have one bedroom and one bath, while 418 1/2 includes a pass-through second sleeping room. Flooring and paint updates have been completed at 414 and 418 1/2.

Built in 1937, the ranch-style property occupies 0.258 acres and is zoned Residential. The improvements feature wood siding, asphalt and metal roofing, forced-air heat, public water, and public sewer. Parking is available along the alley and on the street. Mature trees and chain-link yard fencing contribute to the property’s exterior setting. Appliances include ranges, refrigerators, washers, and dryers. The stated cap rate is 6%.

Key Highlights

  • Four homes on a 0.258‑acre Residential‑zoned property
  • 6% cap rate stated in the listing
  • Unit sizes include 1,479, 1,024, 608, and 982 square feet

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Veterinary Clinic Florist

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby

Demographics for 59864, MT

7,348
Population
2,818
Households
2.6
Avg Household Size
38
Median Age
23%
College-Educated
92%
High-School Grad
186.2 sq mi
ZIP Area
39
Density / Sq Mi
$60,305
Median Household Income
$29,012
Median Earnings
$841
Median Rent
$271,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property with ranch-style construction and updated interiors in select units.
Where is this quadplex located?
The property is located at 414 /418 Buchanan Street SW Ronan, MT.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Four homes on a 0.258‑acre Residential‑zoned property; 6% cap rate stated in the listing; Unit sizes include 1,479, 1,024, 608, and 982 square feet
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message