12-Unit Apartment
For Sale
Contact for pricing
728 East 2nd Avenue North, Columbus, MT 59019
Three-building multifamily asset with USDA Rural Development affordability requirements and tenant-paid individual utilities.
Property SizeContact for details
Lot Size0.60 Acres
Days on Market17
Property Features for 728 East 2nd Avenue North
General Information
Standard status
Active
Class
B
Lot size
0.60 Acres
Property subtype
Multifamily
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$37,563
Additional Details
Multifamily Units
12
Building Details
Year Built
1975
Buildings
3
Stories
2
Units
12
Tenancy
Multi
Listing Agency:
Keller Williams
(406) 210-0136
Listed By:
Hannah Reno · License #RRE BRO LIC 98858
Source:
Crexi
Added: Aug 14
Changed: Aug 29
Last Checked: Aug 29 at 8:12PM
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 Keller Williams
Investment Insights
Based on property information with market context.
Sage Apartments comprises three multifamily buildings containing 12 units on an approximately 26,005-square-foot site. Constructed in 1975, the community has established rental operations and operates under the USDA Rural Development affordable housing program. Approximately 9 years remain under the current RD affordability requirements, subject to applicable agency provisions and approval.
The property includes an established rental assistance structure, while residents pay their individual utilities, supporting a defined allocation of operating responsibilities. The buildings are located at 720, 724, and 728 East 2nd Avenue North in Columbus, Montana. Continued operation and any transfer remain subject to USDA Rural Development requirements, affordability restrictions, transfer provisions, and agency approval.
The property includes an established rental assistance structure, while residents pay their individual utilities, supporting a defined allocation of operating responsibilities. The buildings are located at 720, 724, and 728 East 2nd Avenue North in Columbus, Montana. Continued operation and any transfer remain subject to USDA Rural Development requirements, affordability restrictions, transfer provisions, and agency approval.
Key Highlights
- 12‑unit multifamily community across three buildings
- Approximately 26,005‑square‑foot site
- USDA Rural Development affordable housing program
Property Analytics
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
Explore this area
Business Placement
Demographics for 59019, MT
4,047
Population
1,905
Households
2.1
Avg Household Size
46
Median Age
27%
College-Educated
92%
High-School Grad
306.8 sq mi
ZIP Area
13
Density / Sq Mi
$86,905
Median Household Income
$42,813
Median Earnings
$921
Median Rent
$352,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-building multifamily asset with USDA Rural Development affordability requirements and tenant-paid individual utilities.
Where is this apartment building located?
The property is located at 728 East 2nd Avenue North Columbus, MT.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 12‑unit multifamily community across three buildings; Approximately 26,005‑square‑foot site; USDA Rural Development affordable housing program
