Stick-Built Duplex with Two
For Sale
$664,000
Pending
2506/2508 Castle Pines Drive, Great Falls, MT 59405
Stick-built duplex with two units, modern finishes, and two 2-car garages, being sold after HOA removal.
Property Size3,328 SF
Days on Market119
Property Features for 2506/2508 Castle Pines Drive
General Information
Standard status
Pending
Size
3,328 SF
Property subtype
Duplex
Building Details
Year Built
2022
Stories
2
Listing Agency:
Dustin Young and Company
(760) 978-9580
Listed By:
Audrey Lazzarini · License #109078
Source:
Clearwaterproperties
Added: Apr 4
Changed: Jul 22
Last Checked: Jul 23 at 6:32AM
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 is now being resurveyed and taken out of an HOA, and will be sold as two separate stick-built duplex units. The property includes two units with a total of 8 bedrooms and 6 bathrooms. Each unit is described as a modern two-story residence with durable luxury vinyl plank flooring and quartz countertops throughout, along with an open floor plan designed for natural light.
The layout includes a main-floor bedroom with a full bath, with three additional bedrooms and two full bathrooms upstairs, including a spacious master suite. Indoor-outdoor living is supported by a 10x12 deck off the kitchen, and the residences include attached garages, including a 24x22 garage as noted in the description.
The property is listed for sale at 2506/2508 Castle Pines Drive in Great Falls, Montana, and the remarks cite proximity to Benefis Health System, Providence, the new Touro Medical School, Great Falls Clinic, and Malmstrom AFB.
The layout includes a main-floor bedroom with a full bath, with three additional bedrooms and two full bathrooms upstairs, including a spacious master suite. Indoor-outdoor living is supported by a 10x12 deck off the kitchen, and the residences include attached garages, including a 24x22 garage as noted in the description.
The property is listed for sale at 2506/2508 Castle Pines Drive in Great Falls, Montana, and the remarks cite proximity to Benefis Health System, Providence, the new Touro Medical School, Great Falls Clinic, and Malmstrom AFB.
Key Highlights
- Stick‑built duplex (2 units) with modern finishes, built in 2022
- 8 total bedrooms and 6 total bathrooms across both units
- Two 2‑car garages: 4 garage spaces total (garage door openers included)
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
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
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Frequently Asked Questions
What type of property is this?
Duplex - Stick-built duplex with two units, modern finishes, and two 2-car garages, being sold after HOA removal.
Where is this duplex located?
The property is located at 2506/2508 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 (2 units) with modern finishes, built in 2022; 8 total bedrooms and 6 total bathrooms across both units; Two 2‑car garages: 4 garage spaces total (garage door openers included)