Four-Home Multifamily
New
For Sale
$500,000
414 /418 Buchanan St SW, Ronan, MT 59864
Four rental homes offer varied layouts, updated interiors in select units, and shared outdoor features on a quiet Ronan street.
Property Size4,093 SF
Price / SF$122.16
Days on Market7
Property Features for 414 /418 Buchanan St SW
General Information
Standard status
Active
Size
4,093 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1.5BA + bonus, 1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
4
Additional Details
Cap Rate
5.5%
Building Details
Year Built
1937
Listing Agency:
Mission Valley Properties
(406) 240-8386
Listed By:
Jill J Ursua · License #RRE-BRO-LIC-39284
Source:
Flatheadvalleybrokers
Added: Aug 5
Changed: Aug 6
Last Checked: Aug 11 at 10:07AM
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 Mission Valley Properties
Investment Insights
Based on property information with market context.
This multifamily property comprises four homes totaling 4,093 square feet on Buchanan Street in Ronan. The two front residences include a 1,479-square-foot home with two bedrooms, one and a half baths, and a bonus room, plus a 1,024-square-foot home with two bedrooms and one bath. Two additional homes located off the alley measure 608 and 982 square feet; each includes one bedroom and one bath, with 418 1/2 also featuring a pass-through second bedroom from the front bedroom.
The property sits at 414 /418 Buchanan St SW and includes mature shade trees and a chain-link yard. Improvements include new flooring and paint in 414 and 418 1/2. The homes have a documented rental history, and the property carries a 5.5% cap rate. Built in 1937, the four-home configuration provides a range of residential layouts within one multifamily asset.
The property sits at 414 /418 Buchanan St SW and includes mature shade trees and a chain-link yard. Improvements include new flooring and paint in 414 and 418 1/2. The homes have a documented rental history, and the property carries a 5.5% cap rate. Built in 1937, the four-home configuration provides a range of residential layouts within one multifamily asset.
Key Highlights
- Four homes totaling 4,093 square feet
- 5.5% cap rate with rental history
- Unit sizes range from 608 to 1,479 square feet
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Explore this area
Business Placement
Demographics for 59864, MT
7,348
Population
2,818
Households
2.6
Avg Household Size
38
Median Age
23%
College-Educated
92%
High-School Grad
186.2 sq mi
ZIP Area
39
Density / Sq Mi
$60,305
Median Household Income
$29,012
Median Earnings
$841
Median Rent
$271,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Four rental homes offer varied layouts, updated interiors in select units, and shared outdoor features on a quiet Ronan street.
Where is this multifamily property located?
The property is located at 414 /418 Buchanan St SW Ronan, MT.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Four homes totaling 4,093 square feet; 5.5% cap rate with rental history; Unit sizes range from 608 to 1,479 square feet
