2400 2nd Avenue N, Great Falls, MT 59401
Local realty services provided by:ERA Lambros Real Estate
2400 2nd Avenue N,Great Falls, MT 59401
$415,000
- - Beds
- - Baths
- 4,758 sq. ft.
- Multi-family
- Active
Listed by: audrey lazzarini, paul brannan
Office: dustin young and company
MLS#:30075655
Source:MT_NMAR
Price summary
- Price:$415,000
- Price per sq. ft.:$87.22
About this home
Duplex and a separate single family home!!! All situated on one lot across from Roosevelt Park. This unique income producing property offers a rare opportunity to own three rental units on one lot, making it an excellent option for investors or owner occupants looking to offset their mortgage with rental income.
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....
Contact an agent
Home facts
- Year built:1923
- Listing ID #:30075655
- Added:8 day(s) ago
- Updated:August 15, 2026 at 02:28 PM
Rooms and interior
- Kitchen Description:Dishwasher, Range, Refrigerator
- Living area:4,758 sq. ft.
Heating and cooling
- Cooling:Wall Units
Structure and exterior
- Roof:Rolled Hot Mop
- Year built:1923
- Building area:4,758 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Brick, Wood Siding
- Foundation Description:Poured
Finances and disclosures
- Price:$415,000
- Price per sq. ft.:$87.22
- Tax amount:$3,274 (2025)
Features and amenities
- Appliances:Range, Refrigerator
Parking
- Parking description:On Street
- Garage:Yes
- Garage spaces:3
New listings near 2400 2nd Avenue N
- New
$359,900Active4 beds 2 baths2,100 sq. ft.3638 9th Avenue S, Great Falls, MT 59405
MLS# 30076805Listed by: RE/MAX OF GREAT FALLS - New
$430,000Active3 beds 2 baths2,472 sq. ft.2701 4th Avenue N, Great Falls, MT 59401
MLS# 30076814Listed by: COLDWELL BANKER THE FALLS - New
$339,000Active4 beds 2 baths1,952 sq. ft.2526 4th Avenue N, Great Falls, MT 59401
MLS# 30076763Listed by: DAHLQUIST REALTORS - New
$59,900Active-- beds -- baths3,589 sq. ft.618 6th Avenue S, Great Falls, MT 59405
MLS# 30076783Listed by: FATHOM REALTY MT, LLC - New
$289,000Active2 beds 2 baths1,690 sq. ft.2 N 25th Street, Great Falls, MT 59401
MLS# 30076719Listed by: DUSTIN YOUNG AND COMPANY - New
$375,000Active3 beds 2 baths1,028 sq. ft.2017 21st Avenue S, Great Falls, MT 59405
MLS# 30076681Listed by: DAHLQUIST REALTORS - New
$111,000Active1 beds 1 baths384 sq. ft.925 1st Avenue N #407, Great Falls, MT 59401
MLS# 30076659Listed by: MONTANA REALTY - New
$369,900Active5 beds 3 baths2,239 sq. ft.308 Washington Boulevard, Great Falls, MT 59404
MLS# 30076586Listed by: HOMESMART REALTY PARTNERS - New
$739,000Active4 beds 3 baths2,312 sq. ft.141 Barn Wood Lane, Great Falls, MT 59405
MLS# 30076658Listed by: RE/MAX OF GREAT FALLS - New
$323,000Active5 beds 3 baths1,908 sq. ft.1500 11th Avenue S, Great Falls, MT 59405
MLS# 30076639Listed by: BLACK DIAMOND REALTY