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Duplex with Remodeled Apartment
For Sale
$477,000

2 Cherry St, Anaconda, MT 59711

A separate one-bedroom unit adds a second residential space alongside the primary dwelling.

Property SizeContact for details
Days on Market30

Property Features for 2 Cherry St

General Information

Standard status Active
Property subtype Multi-Family

Financials

Cap Rate 6.6%
Gross Income $39,600

Units

Unit Mix 3+ bedroom 2 bath, 1 bedroom 1 bath
Multifamily Units 2

Building Details

Year Built 1906
Listing Agency: RE/MAX Premier
Listed By: Andre Graa · License #RBS-38542
Source: Bozemanbigskyproperties
Added: Sep 22 Changed: Oct 19 Last Checked: Oct 20 at 9:43PM

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 RE/MAX Premier

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Investment Insights

Based on property information with market context.

The property includes a primary residence with more than three bedrooms and two bathrooms, plus a recently remodeled apartment with one bedroom and one bathroom. An attached oversized garage is also part of the property.

The building dates to 1906 and is located at 2 Cherry Street in Anaconda, Montana. The reported cap rate is 6.6%.

Key Highlights

  • Primary residence with 3+ bedrooms and 2 bathrooms
  • Remodeled apartment with 1 bedroom and 1 bathroom
  • Oversized attached garage

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

593
Businesses Nearby

Demographics for 59711, MT

9,234
Population
6,108
Households
1.5
Avg Household Size
50
Median Age
23%
College-Educated
93%
High-School Grad
558.6 sq mi
ZIP Area
17
Density / Sq Mi
$50,965
Median Household Income
$33,725
Median Earnings
$666
Median Rent
$215,600
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

Frequently Asked Questions

What type of property is this?
Duplex - A separate one-bedroom unit adds a second residential space alongside the primary dwelling.
Where is this duplex located?
The property is located at 2 Cherry St Anaconda, MT.
What is the asking price?
The asking price for this property is $477,000.
What are key features of this property?
This property features: Primary residence with 3+ bedrooms and 2 bathrooms; Remodeled apartment with 1 bedroom and 1 bathroom; Oversized attached garage
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