Duplex with Full
704 4th Avenue SW, Great Falls, MT 59404
For Sale
New
$99,000
A detached garage and poured concrete foundation accompany this gutted, renovation-ready residential property.
Property Size955 SF
Lot Size0.07 Acres
Price / SF$103.66
Days on Market2
Property Features for 704 4th Avenue SW
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Property Condition
Severity
Evidence
Additional Details
Furnished
Multifamily Units
Building Details
Year Built
Buildings
Listing Agency:
Catalyst Commercial
Listed By:
Ryan Pachek
(406) 899-6651
Source:
Mymthouse
Added: Nov 12
Last Checked: Nov 12 at 2:14PM
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 Catalyst Commercial
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Investment Insights
Based on property information with market context.
This 1915 duplex has been gutted for a full renovation and includes a full basement, poured concrete foundation, and detached single-car garage. The property occupies a 3,136-square-foot city lot and is zoned R-3. It is being sold as-is through an estate sale.
Key Highlights
- 1915 duplex with 955 square feet of property size
- Gutted interior requiring full renovation
- 3,136‑square‑foot city lot; zoned R‑3
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,069
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$161,380
$161.4K
Cap Rate 7%
$115,271
$115.3K
Cap Rate 9%
$89,656
$89.7K
Market Conditions
NOI Build-Up for 955 SF
Gross rent
$12.0K $12.60/SF
− Vacancy
−$505 −$0.53/SF
EGI
$11.5K $12.07/SF
− OpEx
−$3.5K −$3.62/SF
NOI
$8.1K $8.45/SF
Area
Cascade County, MT
Vacancy
4.20%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$161,380
Cap Rate 7%
$115,271
Cap Rate 9%
$89,656
Alternative Uses
Best Use
Multifamily LT 5
$115.3K
$100.9K – $134.5K
NOI $8,069 @ 7.0% cap · market cap 8.15%
Second Best
Apartment 5plus
$104.3K
$91.3K – $121.7K
NOI $7,303 @ 7.0% cap · market cap 7.38%
Theoretical Best
Specialty Retail
$185.9K
$162.6K – $216.8K
NOI $13,010 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,050
Businesses Nearby
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Business Placement
Demographics for 59404, MT
28,131
Population
11,828
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
331.4 sq mi
ZIP Area
85
Density / Sq Mi
$79,327
Median Household Income
$44,545
Median Earnings
$1,034
Median Rent
$272,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A detached garage and poured concrete foundation accompany this gutted, renovation-ready residential property.
Where is this duplex located?
The property is located at 704 4th Avenue SW Great Falls, MT.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: 1915 duplex with 955 square feet of property size; Gutted interior requiring full renovation; 3,136‑square‑foot city lot; zoned R‑3
