Columbus, MT Residential Income Properties for Sale

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Reed Point, MT Park City, MT Absarokee, MT

Updated: Jun 24

Triplex with Detached Garage

345 N 3rd St, Columbus, MT 59019

$461,500

3,941 sqft · 0.16 AC lot

1941 triplex with stucco exterior and metal roof
Main level offers two units with separate entries and full kitchens
One unit features 9‑foot ceilings and classic built‑ins (per remarks)
Downstairs includes a spacious 2‑bedroom, 1‑bath unit with its own living area, kitchen, and storage
Basement includes laundry for all units

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This listing looks promising.

Here's a quick look at some key insights for

345 N 3rd St, Columbus, MT 59019

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Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$36K
Annual
Price @ 7% Cap

$514K
Above asking

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Updated: Dec 4, 2025

Mixed-Use Building in Downtown Columbus

410 E Pike Avenue, Columbus, MT 59019

$315,000

4,350 sqft

Prime downtown Columbus location ideal for business and residential use.
Mixed‑use property generating $3000/month from storefront and apartments.
Features three separate units: storefront, studio, and a 3‑bedroom apartment.
Recent updates in 2024 by current owner.
Upper level suitable for owner occupancy.

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Mixed-Use Retail and Residential Building

410 E Pike Avenue, Columbus, MT 59019

$315,000

4,350 sqft

Street-level storefront and studio plus an upstairs 3-bedroom rental create flexible space with shared building utility.

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Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 3 Active listings in Columbus, MT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads, plus 4 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.

Duplex with Central Air & Garages

805 & 807 W 3rd Street, Laurel, MT 59044

$435,000

2,550 sqft · 0.19 AC lot

Two 3-bedroom units with central air, in-unit washer/dryer hookups, and garage parking, plus a yard with underground sprinklers.

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Historic Absarokee Hotel Conversion Opportunity

10 S Woodard Ave, Absarokee, MT 59001

$704,000

6,900 sqft

11-unit property with conversion potential in recreational gateway location.

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Laurel Multifamily Redevelopment Opportunity

410 Colorado Avenue, Laurel, MT 59044

$499,000

59 sqft

Two buildings totaling 59,050 SF on a 90,000 SF lot.

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Historic Absarokee Hotel Conversion Opportunity

10 S. Woodard Ave, Absarokee, MT 59001

$704,000

11-unit property with conversion potential in Absarokee, Montana.

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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.

Columbus MT Land Development Opportunity

Centennial Rd, Columbus, MT 59019

$1,690,000

69.78 AC lot

Land with entitlements for 145 dwelling units and 3 commercial lots.

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Entitled Residential Development Land

Centennial Rd, Columbus, MT 59019

$1,690,000

69.78 AC lot

Development-ready land with completed entitlements, approved plans for homes, and adjacent creek through a riparian area.

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Montana Land with Mountain Views

Lot 2 Shane Ridge Road, Columbus, MT 59019

$174,900

11.87 AC lot

11.87 acres in Whispering Pines Subdivision, Columbus, Montana.

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Montana Land with River Frontage

97 Balfour Loop Road, Reed Point, MT 59069

$325,000

20.01 AC lot

20-acre Montana land with Yellowstone River frontage.

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Off-Market Properties in Columbus, MT

Consider similar Off-Market properties in Columbus, 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.

GARDEN APT, COURT APT (5+ UNITS)

26 4th St, Columbus, MT 59019-7365

Value Estimation by Request

3,671 sqft · 0.10 AC lot

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MOBILE HOME PARK, TRAILER PARK

40 10th N St, Columbus, MT 59019

Unit 44

Value Estimation by Request

0.24 AC lot

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Land

4 C St, Columbus, MT 59019

Value Estimation by Request

1.87 AC lot

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Specialty properties

530 1St Ave, Columbus, MT 59019

Value Estimation by Request

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GARDEN APT, COURT APT (5+ UNITS)

3rd Stuart Trl, Columbus, MT 59019

Value Estimation by Request

1,920 sqft · 0.16 AC lot

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MOBILE HOME PARK, TRAILER PARK

Sheep Dip Rd, Columbus, MT 59019

Value Estimation by Request

1.43 AC lot

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MOBILE HOME PARK, TRAILER PARK

19 Mtn Range Rd, Columbus, MT 59019-7372

Value Estimation by Request

2,862 sqft · 23.11 AC lot

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MOBILE HOME PARK, TRAILER PARK

151 Gtwy Dr, Columbus, MT 59019-7327

Value Estimation by Request

660 sqft · 0.24 AC lot

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MOBILE HOME PARK, TRAILER PARK

544 C St, Columbus, MT 59019-7124

Value Estimation by Request

1.47 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

229 B St, Columbus, MT 59019

Value Estimation by Request

1,632 sqft · 0.16 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

531 4th N Ave, Columbus, MT 59019-7266

Value Estimation by Request

6,360 sqft · 0.48 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

1st N Ave, Columbus, MT 59019

Value Estimation by Request

4,032 sqft · 0.23 AC lot

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MOBILE HOME PARK, TRAILER PARK

124 12th N St, Columbus, MT 59019-7255

Value Estimation by Request

1,680 sqft · 7.63 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

Columbus, MT 59019

Value Estimation by Request

5,160 sqft · 0.22 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

Columbus, MT 59019

Value Estimation by Request

4,176 sqft · 0.56 AC lot

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MOBILE HOME PARK, TRAILER PARK

Columbus, MT 59019

Value Estimation by Request

0.93 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

Columbus, MT 59019

Value Estimation by Request

4,032 sqft · 0.60 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

Columbus, MT 59019

Value Estimation by Request

4,524 sqft · 0.22 AC lot

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MOBILE HOME PARK, TRAILER PARK

Columbus, MT 59019

Value Estimation by Request

0.28 AC lot

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MOBILE HOME PARK, TRAILER PARK

Columbus, MT 59019

Value Estimation by Request

0.64 AC lot

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Columbus, MT Residential Income Properties Market Trends and Statistics

Explore 23 residential income properties for sale in Columbus, MT, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,641 square feet of properties for sale, with an estimated market value of $1,091,500.

Sale prices for residential income properties in Columbus, MT start at $315,000, averaging $363,833, and reaching up to $461,500 — 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

Demographics Overview

Population 4,267

Population Growth (5Y) -6.1%

Median Household Income $86,905

College Educated 36.3%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
59019	$363.8K

Taxes & Financing

Tax Rate (average for all types) 3.93%

Property Tax per SF $6.32 per SF

Tax Rate vs County Average 0.51 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stillwater County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Retail

Residential Income

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Columbus, MT Residential Income Properties for Sale

345 N 3rd St, Columbus, MT 59019

410 E Pike Avenue, Columbus, MT 59019

410 E Pike Avenue, Columbus, MT 59019

Opportunities in Nearby Cities

805 & 807 W 3rd Street, Laurel, MT 59044

10 S Woodard Ave, Absarokee, MT 59001

410 Colorado Avenue, Laurel, MT 59044

10 S. Woodard Ave, Absarokee, MT 59001

Potential Development Sites for Consideration

Centennial Rd, Columbus, MT 59019

Centennial Rd, Columbus, MT 59019

Lot 2 Shane Ridge Road, Columbus, MT 59019

97 Balfour Loop Road, Reed Point, MT 59069

Off-Market Properties in Columbus, MT

26 4th St, Columbus, MT 59019-7365

40 10th N St, Columbus, MT 59019

4 C St, Columbus, MT 59019

530 1St Ave, Columbus, MT 59019

3rd Stuart Trl, Columbus, MT 59019

Sheep Dip Rd, Columbus, MT 59019

19 Mtn Range Rd, Columbus, MT 59019-7372

151 Gtwy Dr, Columbus, MT 59019-7327

544 C St, Columbus, MT 59019-7124

229 B St, Columbus, MT 59019

531 4th N Ave, Columbus, MT 59019-7266

1st N Ave, Columbus, MT 59019

124 12th N St, Columbus, MT 59019-7255

Columbus, MT 59019

Columbus, MT 59019

Columbus, MT 59019

Columbus, MT 59019

Columbus, MT 59019

Columbus, MT 59019

Columbus, MT 59019

Columbus, MT Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Residential Income

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