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Two-Home Multifamily Property
New
For Sale
$227,500

1512 6th Avenue N, Great Falls, MT 59401

Two separate residences share one lot with a detached garage, fenced yard areas, and storage improvements.

Property SizeContact for details
Days on Market7

Property Features for 1512 6th Avenue N

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Residential Income
Zoning 1

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 2BR/1BA
Multifamily Units 2

Amenities

yard
garden area

Building Details

Year Built 1910
Buildings 2
Units 2
Listing Agency: Dahlquist Realtors
Listed By: Paula Brandon Fry · License #RRE-BRO-LIC-25121
Source: Purewestrealestate
Added: Sep 21 Changed: Sep 22 Last Checked: Sep 26 at 3:29AM

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 Dahlquist Realtors

Investment Insights

Based on property information with market context.

This multifamily property at 1512 6th Avenue N includes two separate homes on one lot. The front residence was built in 1910 and has three bedrooms and 1.5 bathrooms, with one main-level bedroom and two non-conforming basement bedrooms without egress windows. The basement also includes laundry, a half bathroom, and a mechanical room. Built in 1953, the rear home offers two bedrooms, one bathroom, a laundry area, a living room, and a kitchen.

An oversized one-car garage adds a workbench, storage, and workspace. The rear home and garage have updated metal roofs, while the rear residence includes new exterior paint, new living-room and main-level bedroom carpet, and new kitchen vinyl flooring. The front home's deck also has new exterior paint. Fenced yard areas provide separation between the backyards, each with a garden area, and the property has street parking plus off-alley parking.

Key Highlights

  • Two separate homes located on one lot at 1512 6th Avenue N
  • Front home built in 1910 with 3 bedrooms and 1.5 bathrooms
  • Rear home built in 1953 with 2 bedrooms and 1 bathroom

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

717
Businesses Nearby

Demographics for 59401, MT

13,030
Population
6,921
Households
1.9
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
3.0 sq mi
ZIP Area
4,343
Density / Sq Mi
$53,750
Median Household Income
$33,209
Median Earnings
$767
Median Rent
$206,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Multifamily property - Two separate residences share one lot with a detached garage, fenced yard areas, and storage improvements.
Where is this multifamily property located?
The property is located at 1512 6th Avenue N Great Falls, MT.
What is the asking price?
The asking price for this property is $227,500.
What are key features of this property?
This property features: Two separate homes located on one lot at 1512 6th Avenue N; Front home built in 1910 with 3 bedrooms and 1.5 bathrooms; Rear home built in 1953 with 2 bedrooms and 1 bathroom
More about this property
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