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Duplex with Two Rental Units
For Sale
$299,900

925 W Woolman Street, Butte, MT 59701

Duplex offering a 3-bedroom upper unit and a 1-bedroom lower unit with an attached garage and off-street parking.

Property Size2,545 SF
Days on Market78

Property Features for 925 W Woolman Street

General Information

Standard status Active
Size 2,545 SF
Property subtype Residential Income
Zoning R2

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,368

Amenities

Forced Air, Floor Furnace
Dishwasher, Range, Refrigerator
See Remarks
Other

Building Details

Building Size 2,545 SF
Year Built 1905
Tenancy Multi
Listing Agency: Engel & Volkers Gainesville
Listed By: Heather Choquette · License #RRE-RBS-LIC-79565
Source: Evrealestate
Added: Jul 20 Changed: Oct 4 Last Checked: Oct 4 at 9:33AM

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 Engel & Volkers Gainesville

Investment Insights

Based on property information with market context.

This duplex provides two separate residential units with practical, rental-friendly layouts. The upper unit features more than 1,400 square feet of living space with three oversized bedrooms, one bathroom, a welcoming front porch, and off-street parking. The lower unit has one bedroom, one bathroom, and an attached garage, and is described as recently remodeled.

Located in Uptown Butte, the property is just blocks from Montana Tech, St. James Hospital, and Uptown Butte’s restaurants, shopping, and entertainment.

For investors and owner-occupants, the configuration allows one unit to be occupied while the other can be rented, supported by the duplex’s two distinct unit setups and dedicated parking/garage components.

Key Highlights

  • Duplex in Uptown Butte with a 3‑bedroom upper unit and a 1‑bedroom lower unit
  • Upper unit offers over 1,400 sq ft, 3 oversized bedrooms, 1 bathroom, and a front porch
  • Lower unit has 1 bedroom, 1 bathroom, and an attached garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,963
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,260 $339.3K
Cap Rate 7%
$242,329 $242.3K
Cap Rate 9%
$188,478 $188.5K
Market Conditions
NOI Build-Up for 2,545 SF
Gross rent
$26.0K $10.20/SF
− Vacancy
−$1.7K −$0.68/SF
EGI
$24.2K $9.52/SF
− OpEx
−$7.3K −$2.86/SF
NOI
$17.0K $6.67/SF
Area
Silver Bow County, MT
Vacancy
6.65%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,260
Cap Rate 7%
$242,329
Cap Rate 9%
$188,478

Alternative Uses

Best Use
Multifamily LT 5
$242.3K
$212.0K – $282.7K (±1% cap)
NOI $16,963 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$223.2K
$195.3K – $260.4K (±1% cap)
NOI $15,621 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$554.7K
$485.3K – $647.1K (±1% cap)
NOI $38,826 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby

Demographics for 59701, MT

33,937
Population
16,834
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
509.7 sq mi
ZIP Area
67
Density / Sq Mi
$56,799
Median Household Income
$34,793
Median Earnings
$811
Median Rent
$219,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Duplex offering a 3-bedroom upper unit and a 1-bedroom lower unit with an attached garage and off-street parking.
Where is this duplex located?
The property is located at 925 W Woolman Street Butte, MT.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Duplex in Uptown Butte with a 3‑bedroom upper unit and a 1‑bedroom lower unit; Upper unit offers over 1,400 sq ft, 3 oversized bedrooms, 1 bathroom, and a front porch; Lower unit has 1 bedroom, 1 bathroom, and an attached garage
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