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305 46th St N
Great Falls, MT 59405

$2,750,000 USD

Apartments For Sale  •  16,785 SF

Property Details

  • Property Type Apartments
  • Total Building Size 16,785 SF
  • Lot Size 1.31 AC
  • Building Class C
  • Year Built 2005
0 Transit Score
26 Walk Score

Highlights

Located just minutes from Malmstrom Air Force Base, ensuring strong and consistent tenant demand.
21-unit multifamily property with a diverse mix of unit types, including 2-bedroom, 1-bedroom, studio, and a 3-bedroom unit.
Generates approximately $22,095 per month in gross rental income, supported by tenants paying their own electric and gas utilities.
Additional income streams from four coin-operated laundry machines and an owner-rented garage space.
Value-add potential through ongoing conversion of a garage into a new 2-bedroom, 1-bath unit and continued interior updates.
Offers stable cash flow with opportunities for rent growth and operational improvements in a growing Great Falls rental market.

Amenities

  • 24 Hour Access
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-Up

Public Transportation

AirportDriveWalkDistance
Great Falls International 36 min - 13.1 mi
Kyle Haynie 406-799-3264 Launch Real Estate
Kyle Haynie 406-799-3264 Launch Real Estate