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12-Unit USDA RD Apartment Property
For Sale
$1,130,000

2465 2nd Street, Worden, MT 59088

Established rental history with approximately nine years remaining in the USDA Rural Development program.

Property SizeContact for details
Days on Market50

Property Features for 2465 2nd Street

General Information

Standard status Active
Property subtype Apartment

Additional Details

Multifamily Units 12

Amenities

Baseboard
Wall Unit(s)
Electric

Building Details

Year Built 1980
Listing Agency: Keller Williams
Listed By: Hannah Reno · License #RRE
Source: Kw
Added: Aug 17 Changed: Oct 4 Last Checked: Oct 4 at 8:40AM

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 Keller Williams

Investment Insights

Based on property information with market context.

Located at 2465 2nd Street in Worden, Montana, this 12-unit apartment property was built in 1980 and has an established rental history. The asset participates in the USDA Rural Development program, with approximately 9 years remaining, supporting continued operation within that program and its affordable-housing framework.

The property is positioned in the Worden community with access to Billings and surrounding Yellowstone County amenities. It is being marketed alongside 2467 2nd Street, creating an opportunity to acquire additional multifamily units at the same location. USDA Rural Development requirements, rental assistance, transfer provisions, and program restrictions should be verified by the buyer.

Key Highlights

  • 12‑unit apartment property built in 1980
  • Approximately 9 years remaining in the USDA Rural Development program
  • Established rental history

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service Grocery & Convenience Store Kitchen & Bath Showroom Cafe & Coffee Shop Veterinary Clinic Hair Salon

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 59088, MT

1,272
Population
467
Households
2.7
Avg Household Size
45
Median Age
32%
College-Educated
89%
High-School Grad
349.3 sq mi
ZIP Area
4
Density / Sq Mi
$75,000
Median Household Income
$36,181
Median Earnings
$961
Median Rent
$226,000
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?
Apartment building - Established rental history with approximately nine years remaining in the USDA Rural Development program.
Where is this apartment building located?
The property is located at 2465 2nd Street Worden, MT.
What is the asking price?
The asking price for this property is $1,130,000.
What are key features of this property?
This property features: 12‑unit apartment property built in 1980; Approximately 9 years remaining in the USDA Rural Development program; Established rental history
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