209-211 10th Street N, Great Falls, MT 59401
Turn-key brick duplex with one rented 2-bedroom unit and one vacant 2-bedroom unit for immediate move-in.
- Added:
- Jun 6, 2026
- Days on Market:
- 19
- Last Refresh:
- Jun 20 at 6:43 am
Property Features for 209-211 10th Street N
General Information
- Standard status
- Active
- Size
- 3,250 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1921
Listing agent William Fuller License #RRE-RBS-LIC-71334
Listing office Fathom Realty
Listing date Jun 6, 2026
Source Crexi
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 Fathom Realty
HighLights
- Side‑by‑side brick duplex built in 1921
- Two 2‑bedroom units: Unit 211 is rented; Unit 209 is vacant and ready for immediate occupancy
- New roof and ample off‑street parking
- Laundry hook‑ups included
- Each unit includes a basement with room for future capitalization
Overview
Located in Great Falls, the property is described as centrally positioned with quick access to Malmstrom Air Force Base, major medical facilities, local colleges, as well as downtown, parks, and shopping.
For tenants, the building provides two separate 2-bedroom residences with laundry hook-ups and off-street parking. For buyers, it can support a traditional rental approach with one unit already producing rental income, while also offering the option for an owner to occupy the vacant unit at the time of purchase.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.0k | $12.60 |
| − Vacancy | −$1.7k | −$0.53 |
| EGI | $39.2k | $12.07 |
| − OpEx | −$11.8k | −$3.62 |
| NOI | $27.5k | $8.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Great Falls
- County
- Cascade
- State
- Montana
- Longitude
- -111.2901043
- Latitude
- 47.5078513
