12 3rd Ave Laurel, MT 59044
Estimated payment $3,663/month
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
Berkshire Hathaway HS Floberg Brokerage Phone: (406) 647-5007 Listed on: 07/23/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,779 | $440,300 | $55,444 | $384,856 |
| 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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Price Changed | $615,000 | -3.6% | -- |
| 07/23/2025 07/23/25 | For Sale | $638,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Flying S Title And Escrow | |
| Quit Claim Deed | -- | Chicago Title Ins Co |
Source: Billings Multiple Listing Service
MLS Number: 354280
APN: 03-0821-09-3-05-13-0000
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