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Eight-Unit Quadplex Property
For Sale
Under Contract
$515,000

1206/1208 F Ave, Circle, MT 59215

Multi Family, Four-Plex, Circle, MT

Property Size6,400 SF
Lot Size1.33 Acres
Price / SF$80.47
Days on Market90

Property Features for 1206/1208 F Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 16
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 9, Bedroom 11, Bedroom 8, Bedroom 16, Bedroom 10, Bedroom 15, Bathroom 5, Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 8, Bathroom 7, Bedroom 12, Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 14, Bedroom 1, Bedroom 7, Bedroom 13, Bathroom 6
Interior features Flooring- Linoleum, Flooring- Carpet, Countertops- Solid Surface
Exterior features Out Building, Trees, View of Hills, Outdoor Lighting
Appliances Dishwasher, Garbage Disposal, Microwave, Refrigerator, Oven/Range- Electric
Lot features Out Building, Trees, View of Hills, Outdoor Lighting
Standard status Active Under Contract
APN 41-2945-10-3-34-01-0
Size 6,400 SF
Lot size 1.33 Acres

Utilities

Heating system Electric (Heating), Baseboard
Cooling system Wall Unit(s)

Amenities

shared coin-operated laundry facility
additional storage garages

Building Details

Year built 1980
Number of units 8
Roof type Shingle
Architectural style Other
Listing Agency: eXp Realty LLC
Listed By: Jennifer Jones · License #RRE-BRO-LIC-116442
Added: Jul 8 Changed: Oct 1 Last Checked: Oct 5 at 10:06AM
MLS# 331462

Copyright © 2026 Glendive 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.

The property consists of two fourplex buildings completed in 1980, with 8 apartments and 6,400 square feet across 1.33 acres. Each apartment has 2 bedrooms and 1 bathroom, plus a detached garage stall. A shared coin-operated laundry room and 7 additional storage garages provide further on-site amenities. Units are individually metered, and residents pay for electric service; heating is electric baseboard. The buildings have shingle roofs, and the apartments historically operated as HUD-approved housing for residents age 55 and older.

Located in Circle, Montana, the offering includes two separate parcels. One building carries an assumable FHA loan; the other has a conventional loan that is not assumable. The property passed fire, insurance, and HUD inspections with no deficiencies reported.

Key Highlights

  • 8 apartments in two buildings on 1.33 acres
  • 6,400 square feet total; built in 1980
  • Each unit has 2 bedrooms, 1 bathroom, and a detached garage stall

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store Cafe & Coffee Shop Dental Office Pharmacy Big Box & Wholesale Store Real Estate Agency

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

8
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby

Demographics for 59215, MT

1,104
Population
567
Households
1.9
Avg Household Size
44
Median Age
25%
College-Educated
97%
High-School Grad
1,331.4 sq mi
ZIP Area
1
Density / Sq Mi
$84,808
Median Household Income
$45,259
Median Earnings
$545
Median Rent
$197,500
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?
Quadplex - Two neighboring fourplexes combine residential units with individual garage stalls, shared laundry, and additional storage garages.
Where is this quadplex located?
The property is located at 1206/1208 F Ave Circle, 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: 8 apartments in two buildings on 1.33 acres; 6,400 square feet total; built in 1980; Each unit has 2 bedrooms, 1 bathroom, and a detached garage stall
More about this property
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