2400 2nd AVE N Great Falls, MT 59401
4,758 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,758 sqft
Price per Sqft $87
MLS Listing ID 30075655
Construction Status Updated/Remodeled,See Remarks
HOA Y/N No
Year Built 1923
Annual Tax Amount $3,273
Tax Year 2025
Lot Size 7,492 Sqft
Acres 0.172
Property Description
With the property currently operating at approximately a 9% capitalization rate based on current income and expenses, it presents an attractive opportunity for investors seeking strong cash flow. Buyers should perform their own due diligence to verify income, expenses, and cap rate calculations. There is also additional upside potential, as Units 2 and 3 offer opportunities for cosmetic updates that may increase rental appeal and future rental income.
The front unit of the duplex has been extensively renovated. Recent improvements include a new roof on the duplex (2026), new dormer siding (2026), new water heater and updates to most of the plumbing in the front unit (2025), new light fixtures, ceiling fans, sinks, and plumbing fixtures, a new rear entry door, replacement of the front sidewalk step, and a remodeled second floor bathroom featuring a new vanity, sink, plumbing, toilet, and updated lighting. The 2026 roof replacement also included new roof vents and repairs to previous leaks in the hallway and second floor bedroom, providing added peace of mind.
Conveniently located near parks, schools, shopping, and other Great Falls amenities, this property combines current income with the opportunity to add value over time.
Water/sewer/trash Paid by owner & Gas/Electric paid by tenant (individually metered).
Whether you're an experienced investor or looking for an owner occupied investment, this versatile property offers immediate income, significant recent improvements, and the potential to further increase returns through cosmetic enhancements to Units 2 and 3.
Location
State MT
County Cascade
Community Curbs, Park, Sidewalks
Zoning Residential
Interior
Interior Features InteriorFeatures
Cooling Wall Unit(s)
Fireplace No
Appliance Dishwasher, Range, Refrigerator
Laundry Washer Hookup
Exterior
Exterior Feature Rain Gutters
Parking Features Alley Access, RV Access/Parking, On Street
Garage Spaces 3.0
Community Features Curbs, Park, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Separate Meters
Water Access Desc Public
View Residential
Roof Type Asphalt,Rolled/Hot Mop
Street Surface Asphalt
Road Frontage Alley, City Street
Garage Yes
Building
Foundation Poured
Sewer Public Sewer
Water Public
Structure Type Brick,Wood Siding
New Construction No
Construction Status Updated/Remodeled,See Remarks
Others
Senior Community No
Tax ID 02301607127150000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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