$638,000

12 3rd Ave Laurel, MT 59044

Estimated payment $3,938/month

Total Views 570
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.48 Acre Lot
  • Level Lot
  • 1-Story Property
  • Cooling Available
  • Wood Siding

About This Home

6-unit multi-family property in Laurel for sale. Six 1-bedroom, 1-bathroom single-level apartments. Unit 1 leased at $1,100/mo; Units 2, 3, 4, & 6 leased at $850/mo. Unit 5 vacant and listed for lease at $925/mo. Property includes a vacant 12,600 sq. ft. lot for future projects. Property also includes a detached 2-car garage for additional rental income or storage. On-site coin-op laundry facility with washer and dryer included.

Listing Agent

Brandon Treese

Berkshire Hathaway HS Floberg Brokerage Phone: (406) 647-5007 Listed on: 07/23/2025

Berkshire Hathaway HS Floberg

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 1916

Lot Details

  • 0.48 Acre Lot
  • Level Lot

Parking

  • 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Schools

  • Laurel Elementary And Middle School
  • Laurel High School

Additional Features

  • 1-Story Property
  • Cooling Available

Listing and Financial Details

  • Assessor Parcel Number B00054

Community Details

Overview

  • 4 Units
  • East Laurel Original Townsite Subdivision

Building Details

  • Insurance Expense $4,829
  • Operating Expense $16,878
  • Gross Income $66,060
  • Net Operating Income $49,182

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,980

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Directions: From intersection of E Main St and S 1st Ave in Laurel, head west on E Main St to 3rd Ave; Right on 3rd Ave; Property at corner of 3rd Ave and W 1st St.
  • Prop. Type: Residential
  • Year Built: 1916
  • Attribution Contact: (406) 647-5007
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.4821
  • MLS Status: Active
  • Subdivision Name: EAST LAUREL ORIGINAL TOWNSITE
  • Architectural Style: Other
  • Unit Levels: One
  • ResoPropertyCondition: Resale
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1

Exterior Features

  • Roof: Asphalt, Flat, Shingle
  • Disclosures: Disclosure on File
  • Construction Type: Wood Siding

Garage/Parking

  • Total Parking Spaces: 12.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Other
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Water Source: Public

Schools

  • Elementary School: Laurel
  • High School: Laurel
  • Middle Or Junior School: Laurel

Lot Info

  • Parcel #: B00054
  • Lot Size Sq Ft: 21000.0
  • Zoning Description: Central Business District

Multi Family

  • Annual Gross Income: 66060.0
  • Number Of Units Total: 4
  • Insurance Expense: 4829.0
  • Net Operating Income: 49182.0
  • Annual Operating Expense: 16878.0

Tax Info

  • Tax Annual Amount: 4980.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,779 $392,200 $47,884 $344,316
2023 $3,480 $392,200 $47,884 $344,316
2022 $2,346 $281,200 $0 $0
2021 $2,703 $281,200 $0 $0
2020 $2,575 $265,400 $0 $0
2019 $2,559 $265,400 $0 $0
2018 $2,712 $264,600 $0 $0
2017 $2,526 $264,600 $0 $0
2016 $2,407 $253,600 $0 $0
2015 $2,378 $253,600 $0 $0
2014 $1,770 $95,559 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $638,000 -- --
Source: Billings Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Flying S Title And Escrow
Quit Claim Deed -- Chicago Title Ins Co
Source: Public Records

Source: Billings Multiple Listing Service

MLS Number: 354280

Billings Multiple Listing Service

APN: 03-0821-09-3-05-13-0000