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Apartment Building Ten-Plex
For Sale
$795,000

518 W Jefferson Avenue, Chester, MT 59522

MULTI_FAMILY - Other - Chester, MT

Lot Size0.66 Acres
Days on Market176

Property Features for 518 W Jefferson Avenue

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning Commercial
Zoning description 6
Parking features Assigned
Directions .
Standard status Active
APN 48443120409060000
Lot size 0.66 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description GAGNON ADDITION (CHESTER), S20, T32 N, R06 E, BLOCK 004, LOT 24A AMD PLAT #10820 TOWNHOUSES 10-PLEX
Tax Annual Amount 4059
Legal Description GAGNON ADDITION (CHESTER), S20, T32 N, R06 E, BLOCK 004, LOT 24A AMD PLAT #10820 TOWNHOUSES 10-PLEX

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Baseboard
Water source Public

Building Details

Year built 1981
Number of units 10
Roof type Asphalt
Architectural style Other
Listing Agency: Keller Williams Northern MT · Keller Williams Realty
Listed By: Seth Haak · License #RRE-BRO-LIC-136121
Added: Feb 5 Changed: Jul 31 Last Checked: Jul 31 at 1:06PM
MLS# 30064890

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 apartment building is a 10-plex configured with eight two-bedroom, 1.5-bath units and two one-bedroom, 1.5-bath units. The property features electric heating with baseboard units, an asphalt roof, and assigned parking for residents. Built in 1981, it sits on a 0.66-acre lot.

Services include public water and public sewer. The property is zoned Commercial, supporting a straightforward rental housing use within the existing land-use framework.

Overall, the unit mix provides two-bedroom options for renters who want more space, alongside one-bedroom units that can help broaden tenant fit across different household needs.

Key Highlights

  • 10‑plex apartment building with eight two‑bedroom, 1.5‑bath units and two one‑bedroom, 1.5‑bath units
  • 0.66‑acre lot
  • Electric heating with baseboard units

Property Analytics

Current Use

Apartment buildings

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

Demographics for 59522, MT

1,371
Population
529
Households
2.6
Avg Household Size
46
Median Age
31%
College-Educated
79%
High-School Grad
821.9 sq mi
ZIP Area
2
Density / Sq Mi
$54,583
Median Household Income
$45,804
Median Earnings
$657
Median Rent
$132,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Ten-plex apartment building on a 0.66-acre lot with electric baseboard heat, assigned parking, and public water and sewer.
Where is this apartment building located?
The property is located at 518 W Jefferson Avenue Chester, MT.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 10‑plex apartment building with eight two‑bedroom, 1.5‑bath units and two one‑bedroom, 1.5‑bath units; 0.66‑acre lot; Electric heating with baseboard units
More about this property
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