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Duplex-Style Multifamily with Cabin
For Sale
$849,900

18225 Violet, Bonner, MT 59823

Two separate residences sit on 2.5 wooded acres, with an updated main home and a guest cabin plus a detached 4-car garage.

Property Size3,176 SF
Price / SF$267.60
Days on Market95

Property Features for 18225 Violet

General Information

Standard status Active
Size 3,176 SF
Property subtype Multi Family Home

Taxes and HOA fees

Annual Taxes $3,391

Amenities

Garage: Garage,Garage Door Opener
Garage Spaces: 3
Style: Ranch
Ranch
Garage,Garage Door Opener
3

Building Details

Year Built 1979
Listing Agency: Windermere R E Missoula
Listed By: Diane Beck · License #6620
Source: Clearwaterproperties
Added: Jul 9 Changed: Oct 10 Last Checked: Oct 11 at 7:43AM

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 Windermere R E Missoula

Investment Insights

Based on property information with market context.

This versatile multifamily property features two separate residences: a main home and a guest cabin positioned apart for privacy. The main home includes three bedrooms and two bathrooms on the main level, with an updated kitchen, pantry, and an open layout that connects to the dining area and a back deck. A partially finished lower level adds two bonus rooms, a large recreation area, an oversized laundry space, and substantial storage with minimal finish work remaining.

The guest cabin includes an open-concept living area with a loft, a bedroom, a full bathroom, and a stackable washer and dryer. The cabin has its own private driveway and a secluded setting, supporting independent use.

Outside, the property includes a detached 4-car garage with one bay partitioned into a dedicated workshop area. Additional improvements include a fire pit gathering area, gardens, a chicken coop, storage sheds, and fenced sections across the private, wooded acreage. The setting is described as a short walk to the Blackfoot River and near public fishing access sites.

Key Highlights

  • Two separate residences on 2.5 wooded acres in the Blackfoot River area
  • Main home (1979) offers 3 bedrooms and 2 bathrooms on the main level with updated kitchen and open layout
  • Main home includes partially finished lower level with two bonus rooms, large recreation area, oversized laundry, and storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,904
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,080 $678.1K
Cap Rate 7%
$484,343 $484.3K
Cap Rate 9%
$376,711 $376.7K
Market Conditions
NOI Build-Up for 3,176 SF
Gross rent
$67.1K $21.12/SF
− Vacancy
−$5.4K −$1.71/SF
EGI
$61.6K $19.41/SF
− OpEx
−$27.7K −$8.73/SF
NOI
$33.9K $10.68/SF
Area
Missoula County, MT
Vacancy
8.10%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,080
Cap Rate 7%
$484,343
Cap Rate 9%
$376,711

Alternative Uses

Best Use
Apartment 5plus
$484.3K
$423.8K – $565.1K (±1% cap)
NOI $33,904 @ 7.0% cap · market cap 3.99%
Second Best
Multifamily LT 5
$454.0K
$397.3K – $529.7K (±1% cap)
NOI $31,781 @ 7.0% cap · market cap 3.74%
Theoretical Best
Specialty Retail
$915.7K
$801.3K – $1.07M (±1% cap)
NOI $64,100 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 59823, MT

1,684
Population
865
Households
1.9
Avg Household Size
46
Median Age
38%
College-Educated
99%
High-School Grad
520.2 sq mi
ZIP Area
3
Density / Sq Mi
$82,548
Median Household Income
$43,852
Median Earnings
$688
Median Rent
$465,800
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?
Duplex - Two separate residences sit on 2.5 wooded acres, with an updated main home and a guest cabin plus a detached 4-car garage.
Where is this duplex located?
The property is located at 18225 Violet Bonner, MT.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Two separate residences on 2.5 wooded acres in the Blackfoot River area; Main home (1979) offers 3 bedrooms and 2 bathrooms on the main level with updated kitchen and open layout; Main home includes partially finished lower level with two bonus rooms, large recreation area, oversized laundry, and storage
More about this property
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