$950,000

206 S Davis St Belgrade, MT 59714

Estimated payment $5,478/month

Total Views 350
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Lawn
  • Baseboard Heating
  • Partially Carpeted
  • No HOA

About This Home

Welcome to a fantastic investment opportunity in the heart of Belgrade! This well-maintained property features four distinct units, two of which have been remodeled, offering modern touches and inviting living spaces. With a gross rental income of $71,760, this property stands out as a great addition to any portfolio, showcasing both immediate income potential and long-term value. Each of the two remodeled units boasts 2 bedrooms and 1 bathroom, complete with convenient in-unit laundry facilities to enhance tenant comfort. The remaining 2 bedroom and 1 bathroom units await your personal touch, providing the chance to further increase rental income. Situated on a generous lot, this property offers ample outdoor space, perfect for leisure activities or potential expansion. Enjoy everything downtown Belgrade has to offer. Just a short walk away, from shopping and dining options. Additionally, being directly across from a city park enhances the appeal, providing space for outdoor recreation and relaxation. This investment opportunity combines prime location, modernized units, and the potential for value growth—ideal for investors looking to capitalize on a thriving market. Don't miss out on this chance to secure a property that has it all. Schedule your viewing today and explore the possibilities this remarkable property has to offer!

Listing Agent

Nancy Stevenson

Bozeman Real Estate Group License #RBS-14486 Listed on: 12/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,817

Year Built

  • Built in 1978

Lot Details

  • 10,454 Sq Ft Lot
  • Lawn

Parking

  • Common or Shared Parking

Home Design

  • Quadruplex
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Partially Carpeted
  • Range

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number RFF14296

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Caldwell Addition Subdivision

Building Details

  • Gross Income $71,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,817

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Architectural Style: Fourplex
  • Unit Levels: Multi/Split
  • Building Stories: 2
  • Year Built: 1978
  • Special Features: None
  • Stories: 2

Interior Features

  • Window Features: Window Coverings
  • Flooring: Other, Partially Carpeted
  • Interior Amenities: Window Treatments
  • Appliances: Range, Refrigerator

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Lawn
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454.4
  • Parcel #: RFF14296
  • Zoning Description: R3 - Residential Medium Density

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5817.42
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2025 $4,851 $848,600 $0 $0
2024 $6,307 $764,600 $0 $0
2023 $6,409 $764,600 $0 $0
2022 $4,026 $423,900 $0 $0
2021 $4,487 $423,900 $0 $0
2020 $4,182 $414,400 $0 $0
2019 $4,252 $414,400 $0 $0
2018 $3,570 $331,200 $0 $0
2017 $3,540 $331,200 $0 $0
2016 $3,182 $288,300 $0 $0
2015 $3,151 $288,300 $0 $0
2014 $2,795 $165,625 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 For Sale $950,000 +11.9% --
01/09/2023 01/09/23 Sold -- -- -- View Prior Sale
11/22/2022 11/22/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $849,000 -10.5% $254 / Sq Ft
10/04/2022 10/04/22 For Sale $949,000 0.0% $284 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $949,000 +90.0% $284 / Sq Ft
02/19/2020 02/19/20 Sold -- -- -- View Prior Sale
01/20/2020 01/20/20 For Sale $499,500 -- $149 / Sq Ft
Source: Big Sky Country MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Montana Title
Quit Claim Deed -- Security Title
Warranty Deed -- Security Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $636,750 New Conventional
Source: Public Records

Source: Big Sky Country MLS

MLS Number: 407357

Big Sky Country MLS

APN: 06-0903-01-3-07-04-0000