202 7Th St, Miles City, MT 59301

This exceptional 11-unit apartment building at 202 S 7th St, Miles City, Montana, presents a compelling investment opportunity. The property boasts 7,705 square feet on a 0.11-acre lot and is priced at $450,000 ($58.40/sq ft). Constructed in 1955, this Class C multifamily property offers a mix of apartment and office space, strategically located just two blocks from Main Street and outside the flood zone, ensuring long-term stability. The main building features eight apartments – five one-bedroom and three two-bedroom units – all accessible through a central lobby. Two additional one-bedroom apartments and two office spaces enjoy separate street access. A conveniently located central laundry facility serves all tenants. The property's consistent maintenance history and excellent rental rate contribute to its strong financial performance. This well-maintained building offers a blend of residential and commercial space, making it an attractive investment for both seasoned and new investors seeking a stable and centrally located property in Miles City, MT (zip code 59301). The property's solid rental history and prime location make it a highly desirable asset in a thriving Montana market. This is a turnkey opportunity with immediate income potential.