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    516 Pennsylvania Ave Laurel, MT 59044

    Sponsored
    For Sale
    $315,000

    MULTI_FAMILY - Bungalow - Laurel, MT

    Property size:
    1,934 SF
    Lot size:
    0.14 Acres
    Days on Market:
    34
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 516 Pennsylvania Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
    Bedrooms
    3
    APN
    B01127
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    1,934 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Roof type
    Asphalt
    Architectural style
    Bungalow

    Kimberly & Co Inc (406) 670-1746 [email protected]

    Listing agent Penny Presby (406) 671-6955 License #RRE-BRO-LIC-70634

    Listing date Dec 6, 2025

    MLS# 356453 Listing URL

    Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Laurel Duplex with Rental Income

    This duplex in Laurel, Montana, presents an opportunity for rental income. The main floor unit is a 2-bedroom, 1-bathroom home featuring a remodeled kitchen with custom cabinets and wood floors, along with updated bathrooms. The upper level is a 1-bedroom, 1-bathroom unit with a separate entrance, a kitchen area, and a bonus room. Recent improvements include a newer roof, siding, gutters, and windows. The property is located in the heart of Laurel, close to parks and schools. The lot size is 0.1446 acres and the property size is 1934 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.767546
    Latitude
    45.674182

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    FAQs

    What type of property is this?
    Duplex - Charming duplex in Laurel, MT with rental income potential.
    Where is this duplex located?
    The property is located at 516 Pennsylvania Ave Laurel, MT.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - Rental income potential with a separate upper-level unit featuring 1 bed, 1 bath, kitchen area, bonus room, and separate entrance, or use as space for extended family.; - Updated kitchen with custom cabinets and wood floors.; - Recent improvements include a newer roof, siding, gutters, and windows.
    (406) 855-5725
    Request Owner's contact information
    516 Pennsylvania Ave Laurel, MT 59044
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    Laurel, MT 59044
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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
    516 Pennsylvania Ave Laurel, MT 59044
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