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    The Largest CRE Database in the US with Over 1 Million Listings

    75 Jeffers Rd Ennis, MT 59729

    Sponsored
    For Sale
    $1,789,000

    MULTI_FAMILY - Victorian - Ennis, MT

    Lot size:
    0.69 Acres
    Days on Market:
    301
    Last Refresh:
    Feb 13 at 5:06 pm

    Property Features for 75 Jeffers Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    0027091400
    Parking features
    Garage, Open
    Patio and Porch features
    Deck, Porch, Patio
    Interior features
    JettedTub, VaultedCeilings, WalkInClosets
    Exterior features
    GravelDriveway, SprinklerIrrigation, Landscaping
    Fencing
    Fenced, Perimeter
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, SomeGasAppliances, Dryer, Stove, Washer
    Lot size
    0.69 Acres

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Propane (Heating), Forced Air
    Cooling system
    Central Air
    Water source
    Well
    Water front features
    Creek
    Water front
    1

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Carpet, Tile, Laminate
    Building materials
    VinylSiding, WoodSiding
    Roof type
    Asphalt, Shingle
    Architectural style
    Victorian
    Additional Structures
    Shed(s)

    We can help!

    Listing Contact
    Kristie Vessey
    Kristie Vessey

    EXP REALTY LLC (406) 578-4399

    Listing agent Kristie Vessey (406) 578-4399 License #BRO-88221

    Listing date Apr 19, 2025

    MLS# 395333 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Victorian Multi-Family Near Ennis, MT

    Located in Jeffers, Montana, approximately 1.5 miles from Ennis, this historic residence, built in 1900 and restored to reflect Montana's Gilded Age, offers views of the Madison Range. The main house features two primary suites and a total of five bedrooms and five bathrooms, accommodating up to 10 people. The first floor includes an owner's suite furnished with antiques, an ensuite bathroom with a jetted tub and tiled shower, a walk-in closet, a formal dining room, living room, library, utility room, and foyer. A renovated kitchen features stainless steel appliances and quartz countertops. The second floor houses a second owner's suite with a private terrace, full bath, office space, TV sitting area, three additional bedrooms, a hallway bath, linen, and housekeeping closets. Finished in 2022, The Bear's Den is a 750-square-foot cottage with a great room featuring 14-foot ceilings, a kitchen, a king-size bedroom, and a 3/4-bathroom with a walk-in closet. A private stone patio includes a water feature, seating, and a BBQ. The cottage has a covered RV parking area with a separate shop and storage enclosure. A detached 90-square-foot two-car garage with automatic door openers contains two refrigerators, a freezer, and a pantry. Attached to the garage is a 240-square-foot studio and bedroom with power and Wi-Fi. The property, situated on a 0.694-acre lot, includes a Roman Stone Patio with a BBQ, seating, and dining areas, perennial flower gardens, three water features, shade trees, lawns, and landscaping. Cedar Creek flows seasonally through the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Jewel of Jeffers Bed & Breakfast

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Grocery & Convenience Store Bar & Pub Daycare Center Hotel & Motel Pet Store & Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Ennis
    County
    Madison
    State
    Montana
    Longitude
    -111.706623
    Latitude
    45.348253

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    FAQs

    What type of property is this?
    Single family property - Historic Victorian with cottage and studio near Ennis, Montana.
    Where is this single family property located?
    The property is located at 75 Jeffers Rd Ennis, MT.
    What is the asking price?
    The asking price for this property is $1,789,000.
    What are key features of this property?
    This property features: - Historic 1900 residence restored to capture Montana's Gilded Age, offering a unique and stately living experience with STUNNING VIEWS of the Madison Range.; - Includes a separate, fully-equipped 750SF cottage ('The Bear's Den') with private patio, ideal for rental income or guest accommodation, and a covered RV parking area with shop.; - Main house features two primary suites, 5 bedrooms, and 5 bathrooms, comfortably sleeping 10, with antique furnishings and modern amenities like a renovated stainless steel kitchen.
    (406) 580-1842
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    75 Jeffers Rd Ennis, MT 59729
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    Ennis, MT 59729
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    75 Jeffers Rd Ennis, MT 59729
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    We can help!
    Listing Contact
    Kristie Vessey
    Kristie Vessey
    Real Estate License ID: BRO-88221
    (406) 580-1842 (406) 578-4399 (406) 682-5002
    Learn more
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