Stick-Built Duplex with Two
For Sale
$664,000
Pending
2500/2502 Castle Pines Drive, Great Falls, MT 59405
Two-unit stick-built duplex with 8 bedrooms, 6 bathrooms, and a two-car garage for each unit.
Property Size3,328 SF
Days on Market119
Property Features for 2500/2502 Castle Pines Drive
General Information
Standard status
Pending
Size
3,328 SF
Total Parking Spaces
4
Property subtype
Duplex
Additional Details
Multifamily Units
2
Building Details
Year Built
2022
Stories
2
Tenancy
Multi
Listing Agency:
Dustin Young and Company
Listed By:
Audrey Lazzarini · License #109078
Source:
Clearwaterproperties
Added: Apr 4
Changed: Jul 20
Last Checked: Jul 21 at 4:20AM
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 Dustin Young and Company
Investment Insights
Based on property information with market context.
This stick-built duplex consists of two residential units within one building. The property is being resurveyed, taken out of an HOA, and sold as stick-built duplexes. In total, the duplex features 8 bedrooms and 6 bathrooms, with two attached two-car garages. Interior finishes include durable luxury vinyl plank flooring and quartz countertops. Each unit offers an open floor plan with natural light, a deck measuring 10x12 off the kitchen, and a main-floor bedroom with a full bath. Upstairs, there are three additional bedrooms and two full bathrooms, including a spacious master suite.
The duplex is located at 2500/2502 Castle Pines Drive in Great Falls, MT. It is described as being near Benefis Health System, Providence, the new Touro Medical School, Great Falls Clinic, and Malmstrom AFB.
The duplex is located at 2500/2502 Castle Pines Drive in Great Falls, MT. It is described as being near Benefis Health System, Providence, the new Touro Medical School, Great Falls Clinic, and Malmstrom AFB.
Key Highlights
- Stick‑built duplex with 2 units, 8 total bedrooms and 6 total bathrooms.
- 4‑car garage total: 2 separate 2‑car garages included for the listed price.
- Built in 2022 and presented as modern two‑story residences.
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 | $41.9k | $12.60 |
| − Vacancy | −$1.8k | −$0.53 |
| EGI | $40.2k | $12.07 |
| − OpEx | −$12.1k | −$3.62 |
| NOI | $28.1k | $8.45 |
3,328 SF · lease $12.60/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$401.7K
$351.5K – $468.7K
NOI $28,120 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$363.6K
$318.1K – $424.2K
NOI $25,450 @ 7.0% cap · market cap 3.83%
Theoretical Best
Specialty Retail
$647.7K
$566.7K – $755.6K
NOI $45,337 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 59405, MT
33,578
Population
15,260
Households
2.2
Avg Household Size
35
Median Age
29%
College-Educated
94%
High-School Grad
479.4 sq mi
ZIP Area
70
Density / Sq Mi
$60,509
Median Household Income
$37,431
Median Earnings
$947
Median Rent
$236,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit stick-built duplex with 8 bedrooms, 6 bathrooms, and a two-car garage for each unit.
Where is this duplex located?
The property is located at 2500/2502 Castle Pines Drive Great Falls, MT.
What is the asking price?
The asking price for this property is $664,000.
What are key features of this property?
This property features: Stick‑built duplex with 2 units, 8 total bedrooms and 6 total bathrooms.; 4‑car garage total: 2 separate 2‑car garages included for the listed price.; Built in 2022 and presented as modern two‑story residences.
