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Renovated 35-Unit Apartment Building
For Sale
$2,750,000

229 2nd Avenue SE, Cut Bank, MT 59427

COMMERCIAL - Cut Bank, MT

Property SizeContact for details
Lot Size0.92 Acres
Days on Market185

Property Features for 229 2nd Avenue SE

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Multi-Family
Standard status Active
Lot size 0.92 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14994

Utilities

Water source Public

Amenities

lobby
laundry facilities
camera system
playground
dog parks

Building Details

Year built 1971
Roof type Metal
Listing Agency: Corder and Associates, LLC
Listed By: Trampus Corder · License #BRO-38039
Added: Feb 17 Changed: Aug 4 Last Checked: Aug 21 at 6:06AM
MLS# 11658762

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Springhill Apartments is a 35-unit multifamily property offering a mix of interior and exterior updates. The building features a refreshed lobby, updated flooring, and updated laundry facilities. Improvements also include a camera system for secured common areas.

Property improvements extend beyond the units, with new gas water heaters and plumbing and electrical updates already completed. Exterior upgrades include new sod, a playground, and dog parks, supporting everyday resident use.

The property is offered for sale at 229 2nd Avenue SE in Cut Bank, Montana, within Glacier County.

Key Highlights

  • 35‑unit apartment property in Cut Bank, MT
  • Year built 1971 with metal roof
  • Public water service

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon HVAC Service Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Garden Center

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

35
Residential units

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby

Demographics for 59427, MT

5,091
Population
1,963
Households
2.6
Avg Household Size
37
Median Age
18%
College-Educated
85%
High-School Grad
1,380.7 sq mi
ZIP Area
4
Density / Sq Mi
$59,219
Median Household Income
$39,324
Median Earnings
$915
Median Rent
$161,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 35-unit apartment building with renovated interiors, updated laundry, and mechanical and utility improvements.
Where is this apartment building located?
The property is located at 229 2nd Avenue SE Cut Bank, MT.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 35‑unit apartment property in Cut Bank, MT; Year built 1971 with metal roof; Public water service
More about this property
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