Duplex with Detached
704 4th, Great Falls, MT 59404
For Sale
New
$99,000
The gutted building has a full basement, poured concrete foundation, and R-3 zoning.
Property Size955 SF
Lot Size0.07 Acres
Price / SF$103.66
Days on Market2
Property Features for 704 4th
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Property Condition
Severity
Evidence
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Garage Spaces: 1
1
Building Details
Year Built
Buildings
Listing Agency:
Catalyst Commercial
Listed By:
Ryan Pachek · License MT #79075
(406) 899-6651
Source:
Clearwaterproperties
Added: Nov 12
Last Checked: Nov 12 at 2:27PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1915, this duplex contains 955 square feet and sits on a 3,136-square-foot city lot. The interior has been stripped for a complete renovation, leaving the next owner to determine the layout and finishes. A full basement, poured concrete foundation, and detached single-car garage are also part of the property.
The property is in Great Falls’ Sixth Addition and is zoned R-3. It is being sold as-is through an estate sale.
The property is in Great Falls’ Sixth Addition and is zoned R-3. It is being sold as-is through an estate sale.
Key Highlights
- 1915 duplex with 955 square feet
- 3,136‑square‑foot city lot in Great Falls Sixth Addition
- Gutted interior requiring full renovation
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.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,281
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The gutted building has a full basement, poured concrete foundation, and R-3 zoning.
Where is this duplex located?
The property is located at 704 4th 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; 3,136‑square‑foot city lot in Great Falls Sixth Addition; Gutted interior requiring full renovation
