Multifamily

Laurel, MT Multifamily Properties for Sale

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Billings, MT Park City, MT Joliet, MT Molt, MT
Laurel Multifamily Redevelopment Opportunity
Updated: Sep 10, 2025
Laurel Multifamily Redevelopment Opportunity

410 Colorado Avenue, Laurel, MT 59044

$499,000
59 sqft
Ideal multifamily or residential condo redevelopment opportunity in a rapidly growing city with a shortage of rentals/condos.
Purchase land and building "shell" at $20 PSF, significantly less than new construction costs.
Two buildings totaling 59,050 SF on a 90,000 SF lot.
Includes a 50,454 SF school building and a 7,900 SF auditorium.
Zoned Residential 6000.
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Laurel Multifamily Property For Sale
Updated: Feb 26
Laurel Multifamily Property For Sale

921 E 4th St |, Laurel, MT 59044

$1,585,000
Strong and reliable income stream due to consistent tenant demand.
5 Units are Brand New Construction**
11 units recently remodeled within the last 3 years.
$15,830 Gross Scheduled Monthly Income.**
Brand new HVAC system.
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See what stands out in Yellowstone County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 43 Potential Opportunities for your consideration. Besides 2 Active listings in Laurel, MT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 36 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

24-Unit Self-Storage Facility
24-Unit Self-Storage Facility

S Clark Street, Park City, MT 59063

$400,000
4,000 sqft 0.48 AC lot

The property combines storage units with two mobile homes supported by separate utility service and established occupancy.

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Two-Home Multifamily Property
Two-Home Multifamily Property

7604 & 7604 1/2 Neibauer Road, Billings, MT 59106

$479,000
1,784 sqft 4.21 AC lot

Two separate residences on a fenced acreage tract with shared well, septic, and individual utility meters.

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Two-Home Multifamily Property
Two-Home Multifamily Property

3828 Mallard Drive, Billings, MT 59101

$550,000
2.51 AC lot

Two manufactured homes accompany garages, storage buildings, private wells, and septic systems outside city limits.

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Mobile Home & RV Park Portfolio
Mobile Home & RV Park Portfolio

7520 Grand Ave, Billings, MT 59106

$2,650,000

70+ lot portfolio providing steady rental income with management designed around low monthly expenses.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Cleared City Lot For Sale
Cleared City Lot For Sale

812 25th, Billings, MT 59101

$100,000

Cleared city lot with utilities, suitable for residential development.

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Off-Market Properties in Laurel, MT

Consider similar Off-Market properties in Laurel, MT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

711 Main St
GARDEN APT, COURT APT (5+ UNITS)

711 Main St, Laurel, MT 59044-3126

Estimated value:
$335,000
2,846 sqft 0.45 AC lot
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703 5th 7th 9th 11th 13th 15th Elm Ave
MOBILE HOME PARK, TRAILER PARK

703 5th 7th 9th 11th 13th 15th Elm Ave, Laurel, MT 59044

Estimated value:
$390,000
0.96 AC lot
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619 Washington Ave
GARDEN APT, COURT APT (5+ UNITS)

619 Washington Ave, Laurel, MT 59044-2456

Estimated value:
$395,000
4,608 sqft 0.29 AC lot
View details
1209 6th St
MOBILE HOME PARK, TRAILER PARK

1209 6th St, Laurel, MT 59044-2807

Estimated value:
$435,000
1,003 sqft 0.96 AC lot
View details
921 4th St
GARDEN APT, COURT APT (5+ UNITS)

921 4th St, Laurel, MT 59044-2843

Estimated value:
$485,000
7,286 sqft 0.39 AC lot
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701 1st St
GARDEN APT, COURT APT (5+ UNITS)

701 1st St, Laurel, MT 59044

Estimated value:
$355,000
2,880 sqft 0.23 AC lot
View details
1102 Sunhaven Dr
MOBILE HOME PARK, TRAILER PARK

1102 Sunhaven Dr, Laurel, MT 59044-2518

Estimated value:
$585,000
1,134 sqft 4.68 AC lot
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620 Main St
GARDEN APT, COURT APT (5+ UNITS)

620 Main St, Laurel, MT 59044-2903

Estimated value:
$360,000
2,736 sqft 0.54 AC lot
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1303 6th St
MOBILE HOME PARK, TRAILER PARK

1303 6th St, Laurel, MT 59044-2840

Estimated value:
$340,000
1.93 AC lot
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1015 1st Ave
GARDEN APT, COURT APT (5+ UNITS)

1015 1st Ave, Laurel, MT 59044-2129

Estimated value:
$565,000
4,500 sqft 0.30 AC lot
View details
1011 1st Ave
GARDEN APT, COURT APT (5+ UNITS)

1011 1st Ave, Laurel, MT 59044-2141

Estimated value:
$370,000
4,000 sqft 0.30 AC lot
View details
1018-1030 Great Norhtern Rd, Unit 18
GARDEN APT, COURT APT (5+ UNITS)

1018-1030 Great Norhtern Rd, Laurel, MT 59044

Unit 18
Estimated value:
by Request
7,471 sqft 0.51 AC lot
View details
1103 Main St
GARDEN APT, COURT APT (5+ UNITS)

1103 Main St, Laurel, MT 59044-2803

Estimated value:
$330,000
4,920 sqft 0.29 AC lot
View details
716 Main St
GARDEN APT, COURT APT (5+ UNITS)

716 Main St, Laurel, MT 59044-2931

Estimated value:
$420,000
2,151 sqft 0.54 AC lot
View details
615 Hazel Ave
GARDEN APT, COURT APT (5+ UNITS)

615 Hazel Ave, Laurel, MT 59044-2524

Estimated value:
$395,000
3,072 sqft 0.24 AC lot
View details
315 Maryland Ln
GARDEN APT, COURT APT (5+ UNITS)

315 Maryland Ln, Laurel, MT 59044-2105

Estimated value:
$585,000
13,284 sqft 2.21 AC lot
View details
Park City Rd
MOBILE HOME PARK, TRAILER PARK

Park City Rd, Laurel, MT 59044

Estimated value:
$515,000
5,826 sqft 8.98 AC lot
View details
1934 Us-212
Multifamily properties

1934 Us-212, Laurel, MT 59044

Estimated value:
by Request
8,400 sqft 5.10 AC lot
View details
12 3Rd Ave
Multifamily properties

12 3Rd Ave, Laurel, MT 59044

Estimated value:
by Request
View details
421 Yellowstone Ave
GARDEN APT, COURT APT (5+ UNITS)

421 Yellowstone Ave, Laurel, MT 59044-3435

Estimated value:
$400,000
7,000 sqft 0.48 AC lot
View details
19 Pennsylvania Ave
GARDEN APT, COURT APT (5+ UNITS)

19 Pennsylvania Ave, Laurel, MT 59044-3130

Estimated value:
by Request
4,860 sqft 0.19 AC lot
View details
1034 Montana Ave
GARDEN APT, COURT APT (5+ UNITS)

1034 Montana Ave, Laurel, MT 59044-2142

Estimated value:
$390,000
2,613 sqft 0.15 AC lot
View details

Laurel, MT Multifamily Properties Market Trends and Statistics

Explore 38 multifamily properties for sale in Laurel, MT on our real estate platform. These investment opportunities span a total of 59 square feet of properties for sale, with an estimated market value of $2,084,000.

Sale prices for multifamily properties in Laurel, MT start at $499,000, averaging $1,042,000, and reaching up to $1,585,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2

Demographics Overview

Population 12K
Population Growth (5Y) +5.1%
Median Household Income $86,011
College Educated 32.8%

High-Yield Neighborhoods for Investment

Identify Laurel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
59044 $1M

Taxes & Financing

Tax Rate (average for all types) 0.97%
Property Tax per SF $10.95 per SF
Tax Rate vs County Average 0.11 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Yellowstone County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Yellowstone County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Laurel fall within the 50,000 to 100,000 square foot range.

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