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11-Unit Multifamily Apartment Building
For Sale
$769,000

714 N Cottage Grv, Miles City, MT 59301

Apartment building with 11 residential units, approximately 90% occupied, offering current income with remaining vacancy to lease.

Property Size7,018 SF
Days on Market47

Property Features for 714 N Cottage Grv

General Information

Standard status Active
Size 7,018 SF
Property subtype Multifamily
Occupancy 90%

Additional Details

Business Included Yes
Multifamily Units 11

Building Details

Building Size 7,018 SF
Year Built 1897
Tenancy Multi
Listing Agency:
Listed By: Megan Koontz
Source: Svn
Added: Jul 8 Changed: Aug 20 Last Checked: Aug 23 at 2:49AM

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 Megan Koontz

Investment Insights

Based on property information with market context.

This property is an 11-unit multifamily apartment building in Miles City, Montana. The building is approximately 90% occupied, with remaining vacancy providing an opportunity to capture additional rental income through lease-up.

The community is positioned to serve local residents with convenient access to major employers, healthcare facilities, schools, and nearby retail amenities, supporting day-to-day occupancy.

With eleven separate residential units, the asset provides a diversified income stream compared with single-tenant properties and may be well-suited for investors looking for a manageable, stabilized multifamily hold.

Key Highlights

  • 11‑unit multifamily apartment building in Miles City, Montana
  • Approximately 90% occupied, with remaining vacancy available for lease‑up
  • Value‑add potential to increase income by optimizing occupancy of current vacancies

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Home Appliance Store

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

11
Residential units
90%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

Demographics for 59301, MT

11,509
Population
5,567
Households
2.1
Avg Household Size
41
Median Age
30%
College-Educated
95%
High-School Grad
2,851.9 sq mi
ZIP Area
4
Density / Sq Mi
$63,643
Median Household Income
$36,161
Median Earnings
$918
Median Rent
$202,100
Median Home Value

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?
Apartment building - Apartment building with 11 residential units, approximately 90% occupied, offering current income with remaining vacancy to lease.
Where is this apartment building located?
The property is located at 714 N Cottage Grv Miles City, MT.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: 11‑unit multifamily apartment building in Miles City, Montana; Approximately 90% occupied, with remaining vacancy available for lease‑up; Value‑add potential to increase income by optimizing occupancy of current vacancies
More about this property
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