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Four-Unit Apartment Building
For Sale
$299,000

317 Delaware, Conrad, MT 59425

Separate heating and water-heating systems support each residence, with basement utility areas and private exterior entrances.

Property SizeContact for details
Days on Market13

Property Features for 317 Delaware

General Information

Standard status Active
Property subtype Multi Family Home

Units

Unit Mix 3 x 1BR, 1 x 2BR
Multifamily Units 4

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,805

Amenities

washer/dryer hookups
stove and refrigerator
Garage: On Street
Garage Spaces: 0
Style: Ranch
Ranch
On Street

Building Details

Year Built 1949
Listing Agency: 1st Choice Realty LLC
Listed By: Kim Hofstad · License #43474
Source: Clearwaterproperties
Added: Sep 13 Changed: Sep 24 Last Checked: Sep 24 at 11:42AM

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 1st Choice Realty LLC

Investment Insights

Based on property information with market context.

This four-unit apartment property in Conrad includes three one-bedroom residences and one two-bedroom residence. Built in 1949, each unit has a full unfinished basement with washer and dryer hookups and a furnace. Kitchens provide room for dining furniture and include a stove and refrigerator. Separate front and rear entrances serve each residence, while individual furnaces and hot water heaters support the units.

Tenants pay Northwestern Energy, while the owner provides city water, sewer, and garbage service. The property is located at 317 S Delaware Street in Conrad, Montana, and has an established rental history.

Key Highlights

  • Four‑unit property with three one‑bedroom units and one two‑bedroom unit
  • Full unfinished basement included with every unit
  • Washer and dryer hookups provided in each basement

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic

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

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby

Demographics for 59425, MT

3,515
Population
1,771
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
87%
High-School Grad
549.6 sq mi
ZIP Area
6
Density / Sq Mi
$50,000
Median Household Income
$29,658
Median Earnings
$869
Median Rent
$190,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Separate heating and water-heating systems support each residence, with basement utility areas and private exterior entrances.
Where is this quadplex located?
The property is located at 317 Delaware Conrad, MT.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Four‑unit property with three one‑bedroom units and one two‑bedroom unit; Full unfinished basement included with every unit; Washer and dryer hookups provided in each basement
More about this property
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