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Renovated 4-Unit Quadplex
For Sale
$535,000

1601 5th Avenue N, Great Falls, MT 59401

Each residence has separate gas and electric meters and an updated heating system.

Property SizeContact for details
Days on Market12

Property Features for 1601 5th Avenue N

General Information

Standard status Active
Property subtype Quadruplex

Additional Details

Utilities to Site Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $1,778

Building Details

Year Built 1958
Listing Agency: Dahlquist Realtors
Listed By: Kevin Taggart · License #RRE-BRO-LIC-119043
Source: Liveinmtrealestate
Added: Sep 24 Changed: Oct 5 Last Checked: Oct 4 at 4:45PM

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.

Built in 1958, this four-unit residential property received a substantial renovation about three years ago. Interior work included new framed and sheetrocked walls, 3/4-inch subfloor, commercial LVT flooring, metal ceilings, kitchens, appliances, lighting, electrical panels, bathroom fixtures and tubs, and heating systems. PEX supply lines and most drain lines were also replaced. Each unit has separate gas and electric meters, an updated heating system, and supplemental electric baseboard heat in the bedrooms.

Exterior improvements include a rebuilt laundry room addition, a replacement treated-lumber deck, metal siding, exterior paint, a silicone roof coating, and new six-panel entry doors. The property is located at 1601 5th Avenue N in Great Falls, Montana.

Key Highlights

  • Four residential units in one building
  • Renovated about three years ago, including kitchens, appliances, bathrooms, electrical components, and heating systems
  • Each unit has separate gas and electric meters and supplemental bedroom baseboard heat

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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

4
Residential units
Yes
Utilities to site

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?
Quadplex - Each residence has separate gas and electric meters and an updated heating system.
Where is this quadplex located?
The property is located at 1601 5th Avenue N Great Falls, MT.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Four residential units in one building; Renovated about three years ago, including kitchens, appliances, bathrooms, electrical components, and heating systems; Each unit has separate gas and electric meters and supplemental bedroom baseboard heat
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