Victorian Duplex with
412 W Park Street Butte, MT 59701
For Sale
$499,000
Two residential units are offered within a single lot, including a separate fenced yard and an adjoining vacant lot.
Property Size4,362 SF
Price / SF$114.40
Days on Market22
Property Features for 412 W Park Street
General Information
- Standard status
- Active
- Size
- 4,362 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1910
Listing Agency:
Coldwell Banker Markovich RE
(406) 494-3901
Listed By:
Sheri M Broudy · License #99201
Source:
Clearwaterproperties
Added: Jul 4
Changed: Jul 21
Last Checked: Jul 24 at 8:58AM
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 Coldwell Banker Markovich RE
Investment Insights
Based on property information with market context.
This Victorian-style duplex offers two dwelling units on one lot. The main unit at 412 includes original interior features such as light fixtures and built-ins in the formal living and dining areas, a kitchen with maple cabinets and formica counters, and a back porch with vintage fir bead board. Bedrooms include multiple main-floor options, with a “jack & jill” bathroom arrangement, plus additional bedrooms upstairs. The property also features a finished basement and a half bath in the living space, along with access to the garage.
Unit 2 includes approximately 2 bedrooms and 1 bathroom, with a main floor living and dining area and a retro kitchen that provides access to a back deck and an “amazing” courtyard. A narrow staircase leads to the upstairs bedrooms and bath. A private yard on the west side is included for occupant use, and an adjoining vacant lot to the west is included as well; both are described as privacy fenced and planted with turf.
For parking and storage, the property includes 7 additional garage spaces with cement floors and overhead doors.
Unit 2 includes approximately 2 bedrooms and 1 bathroom, with a main floor living and dining area and a retro kitchen that provides access to a back deck and an “amazing” courtyard. A narrow staircase leads to the upstairs bedrooms and bath. A private yard on the west side is included for occupant use, and an adjoining vacant lot to the west is included as well; both are described as privacy fenced and planted with turf.
For parking and storage, the property includes 7 additional garage spaces with cement floors and overhead doors.
Key Highlights
- Two buildings on one lot offer duplex‑style living with unit #2 featuring 2 bedrooms and 1 bath in 1,216 sq ft
- Victorian main home built in 1910 with 3,146 sq ft, original light fixtures, and original living/dining room features plus dining room built‑ins
- Finished basement offers added flexible space, plus a half bath in the main living area
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 | $44.5k | $10.20 |
| − Vacancy | −$3.0k | −$0.68 |
| EGI | $41.5k | $9.52 |
| − OpEx | −$12.5k | −$2.86 |
| NOI | $29.1k | $6.67 |
4,362 SF · lease $10.20/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$415.3K
$363.4K – $484.6K
NOI $29,074 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$382.5K
$334.7K – $446.2K
NOI $26,774 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$950.7K
$831.8K – $1.11M
NOI $66,546 @ 7.0% cap · market cap 13.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two residential units are offered within a single lot, including a separate fenced yard and an adjoining vacant lot.
Where is this duplex located?
The property is located at 412 W Park Street Butte, MT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two buildings on one lot offer duplex‑style living with unit #2 featuring 2 bedrooms and 1 bath in 1,216 sq ft; Victorian main home built in 1910 with 3,146 sq ft, original light fixtures, and original living/dining room features plus dining room built‑ins; Finished basement offers added flexible space, plus a half bath in the main living area
