345 N 3rd St, Columbus, MT 59019
MULTI_FAMILY - Columbus, MT
- Added:
- Jun 24, 2026
- Days on Market:
- 13
- Last Refresh:
- Jul 6 at 6:06 am
Property Features for 345 N 3rd St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1
- Parking
- 6
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 30465
- Size
- 3,941 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- NORTONS FIRST ADD (COLUMBUS) 002, S21, T02 S, R20 E, BLOCK 12, TR A COS 205228
- Tax Annual Amount
- 1250
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1941
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Stucco
- Roof type
- Metal
Listing agent Joyce Kelley License #RRE-BRO-LIC-6644 (406) 780-1371
Listing office Parks Real Estate Box 966, MT (406) 322-4115
Listing date Jun 24, 2026
Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1941 triplex with stucco exterior and metal roof
- Main level offers two units with separate entries and full kitchens
- One unit features 9‑foot ceilings and classic built‑ins (per remarks)
- Downstairs includes a spacious 2‑bedroom, 1‑bath unit with its own living area, kitchen, and storage
- Basement includes laundry for all units
- Utilities: public water and public sewer; heated with natural gas hot water; cooled with window A/C units
Overview
Outside, the property presents a durable metal roof, fresh exterior paint, mature landscaping, and a newer vinyl fence. A detached 1-car garage supports off-street parking and storage needs. The home is located at 345 N 3rd St in Columbus, Montana.
This layout can work well for tenants or owner-operators who want multiple independently accessed living spaces within a single building. With separate entries and full kitchens across the units, the configuration is suited for residents seeking privacy, as well as for operators considering a short-term rental use for one of the main-level units, as described in the remarks. The combination of in-unit kitchen functionality and on-site laundry access helps streamline day-to-day living for occupants.
Local 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 | $54.4k | $13.80 |
| − Vacancy | −$3.0k | −$0.76 |
| EGI | $51.4k | $13.04 |
| − OpEx | −$15.4k | −$3.91 |
| NOI | $36.0k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Stillwater
- State
- Montana
- Longitude
- -109.255244
- Latitude
- 45.641601
