Two-Unit Residential Income Property

418 Buchanan Street SW Ronan, MT 59864

Claim this Listing
For Sale
$265,000

MULTI_FAMILY - Ranch - Ronan, MT

Type:Single Family Residence
Lot size:
0.13 Acres
Added:
Oct 16, 2025
Days on Market:
268
Last Refresh:
Jul 10 at 5:06 pm

Property Features for 418 Buchanan Street SW

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
Residential
Rooms
Basement, Laundry Room
Parking features
On Street, Alley
Appliances
Dryer, Range, Refrigerator, Washer
Standard status
Active
APN
15298702129030000
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
STANLEY SCEARCE ADD, S02,T20N,R20W BLOCK 11,LOT 12 and LOT 13.
Tax Annual Amount
1985

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1937
Floors in Building
1
Number of units
2
Building materials
WoodSiding
Architectural style
Ranch

Listing agent Jill J Ursua License #RRE-BRO-LIC-39284

Listing office Mission Valley Properties 101 Mountain View Dr P.O. Box 705, St. Ignatius, MT

Listing date Oct 16, 2025

MLS# 30060227 Listing URL

Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale residential income property features two separate homes with independent rental layouts. One unit is described as a 2-bedroom, 1-bath home with a single-car garage and an additional bonus area. The other unit includes two bedrooms and 1 bath, with a second bedroom configured as a pass-through from the front bedroom, and it has been updated with new flooring and paint.

The property includes outdoor space with a nice back yard, a chain link fence, and mature trees for shade. The offering is listed under a residential zoning designation and is located at 418 Buchanan Street SW in Ronan, Montana.

Seller remarks indicate both units have a rental history. The property is also offered for sale separately as additional individual units referenced in the public remarks.

Key Highlights

  • Investment property with two homes (418 and 418 1/2 Buchanan) and a reported good rental history
  • Reported 5.5% cap rate for the property (per public remarks)
  • 418 is listed as 1,024 SF with 2 bedrooms and 1 bath

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Veterinary Clinic Florist (Bike/Boat/Book/etc) Store Hair Salon Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two rental homes on one residential-zoned property include a single-car garage and an updated unit with new flooring and paint.
Where is this duplex located?
The property is located at 418 Buchanan Street SW Ronan, MT.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Investment property with two homes (418 and 418 1/2 Buchanan) and a reported good rental history; Reported 5.5% cap rate for the property (per public remarks); 418 is listed as 1,024 SF with 2 bedrooms and 1 bath
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