305 46th Street N, Great Falls, MT 59405

Great Falls
Local realty services provided by:ERA Lambros Real Estate
305 46th Street N,Great Falls, MT 59405
$2,750,000
  • - Beds
  • - Baths
  • 16,785 sq. ft.
  • Multi-family
  • Active
Listed by: audrey lazzarini, kyle haynie
Office: dustin young and company
MLS#:30063908
Source:MT_NMAR

Price summary

  • Price:$2,750,000
  • Price per sq. ft.:$163.84

About this home

Excellent investment opportunity located just minutes from Malmstrom Air Force Base, offering strong in-place income with additional upside potential. This 21-unit multifamily property features a diverse unit mix consisting of twelve 2-bedroom units, six 1-bedroom units, one 3-bedroom unit, two studio units, plus an owner-rented garage space, creating multiple income streams within a single asset. The property currently generates approximately $22,095 per month in gross rental income and benefits from consistent tenant demand. Units include individual air conditioning and individual gas forced air, updated flooring in several apartments, and practical layouts appealing to long-term tenants. Tenants pay their own electric and gas utilities, helping control operating expenses, while ownership covers water service and common area utilities. Additional revenue is produced through four coin-operated laundry machines in the common area and an owner-rented garage space. Three garage spaces...

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Home facts

  • Year built:1998
  • Listing ID #:30063908
  • Added:111 day(s) ago
  • Updated:June 14, 2026 at 02:18 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Range, Refrigerator
  • Basement:Yes
  • Living area:16,785 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas, Hot Water
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1998
  • Building area:16,785 sq. ft.
  • Lot area:0.86 Acres
  • Foundation Description:Poured
  • Levels:2 Story

Finances and disclosures

  • Price:$2,750,000
  • Price per sq. ft.:$163.84
  • Tax amount:$27,663 (2025)

Features and amenities

  • Appliances:Range, Refrigerator

Parking

  • Parking description:On Street
  • Garage:Yes
  • Garage spaces:2
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