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19-Unit Apartment Building
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232 7th Street S, Glasgow, MT 59230

Commercial-zoned multifamily property with consistent two-bedroom, one-and-a-half-bath apartment layouts.

Property Size17,442 SF
Price / SF$81.70
Days on Market216

Property Features for 232 7th Street S

General Information

Standard status Active
Size 17,442 SF
Class C
Property subtype Multifamily
Zoning Commercial
Occupancy 100%
Investment Type Value Add
Net Operating Income $86,477

Units

Unit Mix 19 x 2BR/1.5BA
Multifamily Units 19

Building Details

Year Built 1955
Stories 2
Units 19
Listing Agency: Coldwell Banker Mountain Properties
Listed By: Corey Olofson · License #RRE-BRO-LIC-13789
Source: Crexi
Added: Jan 30 Changed: Aug 31 Last Checked: Aug 31 at 2:30AM

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 Coldwell Banker Mountain Properties

Investment Insights

Based on property information with market context.

This apartment property includes 19 units within 17,442 square feet and was constructed in 1955. Every residence offers two bedrooms and one-and-a-half bathrooms, creating a consistent unit mix across the complex. The property is zoned Commercial.

Located at 232 7th Street S in Glasgow, Montana, the apartments sit in a residential setting near downtown. Schools, parks, shopping, and local employers are accessible from the property, while Glasgow’s economic base includes healthcare, agriculture, education, and energy sectors.

Key Highlights

  • 19 apartment units with a uniform two‑bedroom, 1.5‑bathroom configuration
  • 17,442 square feet of apartment property
  • Constructed in 1955

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Bakery HVAC Service Barber Shop Computer & Electronic Repair

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

19
Residential units

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby

Demographics for 59230, MT

4,623
Population
2,156
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
97%
High-School Grad
1,496.9 sq mi
ZIP Area
3
Density / Sq Mi
$72,161
Median Household Income
$36,551
Median Earnings
$800
Median Rent
$237,700
Median Home Value

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?
Apartment building - Commercial-zoned multifamily property with consistent two-bedroom, one-and-a-half-bath apartment layouts.
Where is this apartment building located?
The property is located at 232 7th Street S Glasgow, MT.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: 19 apartment units with a uniform two‑bedroom, 1.5‑bathroom configuration; 17,442 square feet of apartment property; Constructed in 1955
(406) 253-0531 Call to check price and availability
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