Multifamily Property with Two
For Sale
$1,250,000
1203 Duncan Rd, Belgrade, MT 59718
Two rented homes, equestrian features, and flexible owner-occupant or income-property potential on an unrestricted rural holding.
Property Size2,478 SF
Lot Size10.20 Acres
Price / SF$504.44
Days on Market11
Property Features for 1203 Duncan Rd
General Information
Standard status
Active
Size
2,478 SF
Lot size
10.20 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1987
Buildings
2
Listing Agency:
Bozeman Real Estate Group
(406) 580-2694
Listed By:
Lisa Collins · License #RBS-14473
(406) 580-2694
Source:
Lisacollinsrealestate
Added: Aug 22
Changed: Aug 31
Last Checked: Aug 31 at 3:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bozeman Real Estate Group
Investment Insights
Based on property information with market context.
This multifamily property includes two residences on 10.20 acres north of Belgrade. The primary 2,478-square-foot home, built in 1987, has three bedrooms, one full bath, a half bath, family room, laundry area, and a walkout basement. Its Buffalo Alaska construction includes double-thick walls. The second residence is a 1,026-square-foot manufactured home on a permanent foundation with two bedrooms, one bath, and an attached two-car garage.
Both homes are currently rented, and existing tenants are interested in remaining. The property also includes a shop, a small barn, partial horse fencing, livestock watering pumps, and a seasonal ditch along the front. Metal roofs on both residences and the shop were replaced within the last six years. Located approximately 15 minutes from the airport, the property has no zoning or covenants and offers options for continued rental use, owner occupancy, or housing for guests or family.
Both homes are currently rented, and existing tenants are interested in remaining. The property also includes a shop, a small barn, partial horse fencing, livestock watering pumps, and a seasonal ditch along the front. Metal roofs on both residences and the shop were replaced within the last six years. Located approximately 15 minutes from the airport, the property has no zoning or covenants and offers options for continued rental use, owner occupancy, or housing for guests or family.
Key Highlights
- 10.20‑acre property north of Belgrade, approximately 15 minutes from the airport
- Two residences: 2,478‑square‑foot home and 1,026‑square‑foot manufactured home
- Primary home includes 3 bedrooms, walkout basement, family room, laundry, and double‑thick walls
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 59718, MT
43,831
Population
19,765
Households
2.2
Avg Household Size
33
Median Age
57%
College-Educated
97%
High-School Grad
164.5 sq mi
ZIP Area
266
Density / Sq Mi
$91,852
Median Household Income
$44,915
Median Earnings
$1,748
Median Rent
$579,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two rented homes, equestrian features, and flexible owner-occupant or income-property potential on an unrestricted rural holding.
Where is this multifamily property located?
The property is located at 1203 Duncan Rd Belgrade, MT.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 10.20‑acre property north of Belgrade, approximately 15 minutes from the airport; Two residences: 2,478‑square‑foot home and 1,026‑square‑foot manufactured home; Primary home includes 3 bedrooms, walkout basement, family room, laundry, and double‑thick walls
