$239,900
UNDER CONTRACT

507-507 1/2 2nd Ave Laurel, MT 59044

Estimated payment $1,408/month

Total Views 1,370
-- Bed
-- Bath
1,328 Sq Ft
$181 Price per Sq Ft

Highlights

  • Interior Lot
  • Forced Air Heating System
  • 1-Story Property
  • Cooling Available
  • Wood Siding
  • 3-minute walk to Thompson Park

About This Home

Add to your portfolio with this investment opportunity in Laurel. Front and back duplex includes front unit with 1 bedroom, 1 bath and back unit with 2 bedrooms, 1 bath. Both units share middle laundry room with washer and dryer. Single car garage for storage. Front unit is currently paying $825 a month (same renter in place for over 10 years). Back unit was previously being rented for $895 but was going to be attempted to rent for $1,100. Back unit has brand new flooring and some fresh interior paint. Interior pictures are of back unit. Owner paid all utility bills as units are not on separate meters. Property to be sold "As-is". Seller has limited knowledge of condition of the property and makes no warranties to the condition. Buyer/agent to satisfy themselves to the condition of the property.

Listing Agent

Ryan Mayes

A Haus Of Realty Brokerage Phone: 406-671-4444 License #RRE-BRO-LIC-39237 Listed on: 08/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1930

Lot Details

  • 4,200 Sq Ft Lot
  • Interior Lot

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Schools

  • Laurel Elementary And Middle School
  • Laurel High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number B00667

Community Details

Overview

  • 2 Units
  • Laurel Heights Subd Subdivision

Building Details

  • Insurance Expense $1,298

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,631

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: From 1st Avenue in Laurel, head west on w. 5th Street and then turn north onto 2nd Avenue. Property on east side of street.
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Year Built: 1930
  • Attribution Contact: 406-671-4444
  • ResoLaundryFeatures: Washer Hookup, Dryer Hookup
  • ResoLotFeatures: Interior Lot
  • Lot Size Acres: 0.0964
  • MLS Status: Contingent
  • Subdivision Name: Laurel Heights Subd
  • Above Grade Finished Sq Ft: 1328.0
  • Architectural Style: Ranch
  • Unit Levels: One
  • ResoPropertyCondition: Resale
  • Property Sub Type Additional: Duplex,Multi Family
  • Special Features: 4224

Interior Features

  • Stories: 1

Exterior Features

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

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air, Gas, Wall Furnace
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

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

Lot Info

  • Parcel #: B00667
  • Lot Size Sq Ft: 4200.0
  • Zoning Description: Residential 6000

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1298.0

Tax Info

  • Tax Annual Amount: 1631.0

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
2025 $1,630 $186,500 $32,740 $153,760
2024 $1,630 $168,500 $29,476 $139,024
2023 $1,502 $168,500 $29,476 $139,024
2022 $1,233 $147,700 $0 $0
2021 $1,392 $147,700 $0 $0
2020 $1,326 $139,400 $0 $0
2019 $1,315 $139,400 $0 $0
2018 $1,744 $134,200 $0 $0
2017 $1,721 $134,200 $0 $0
2016 $1,246 $134,600 $0 $0
2015 $1,231 $134,600 $0 $0
2014 $816 $44,964 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Sale $239,900 -- $181 / Sq Ft
Source: Billings Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Stewart Title Of Billings
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $73,265 Purchase Money Mortgage
Source: Public Records

Source: Billings Multiple Listing Service

MLS Number: 354862

Billings Multiple Listing Service

APN: 03-0821-09-3-41-10-0000