2 months on rocket

1218 8th Ave S, Great Falls, MT, 59405

$1,195,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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1218 8th Ave S, Great Falls$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1952
HeatingForced Air, Natural Gas
MLS #30035348
Lot Size0.34 Acres
StatusActive

About 1218 8th Ave S

Exceptional 12-unit Investment Opportunity! Recently renovated w/amazing cash flow & super low vacancy. Turn-key property priced under 100K per unit! Achieving an impressive 8.22 Cap rate with room to grow, GOI is 128,261 & NOI is 100,751. Awesome curb appeal w/lg well-maintained lot, this mid-century garden style, 3-building structure offers 11-1 bds, 1–2 bd, separate coin-op laundry, 2 additional storage rms-future apt expansion & 5 off-street parking spots. 9 units are fully rehabbed w/ 3 needing further renovations & under market rent providing buyers with a great value-add & projected increase of additional income. Each unit separately metered for electric/gas. A full list of improvements is available & new electrical service/panels, cement work/grading, paint, kitchen cabinets, flooring, lighting, custom tile in baths, vanities, appliances, HVAC. Contact Dustin Young 406-868-0736 or your real estate professional! This building is locally managed by the owners and is very well maintained and managed.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1952

Listing Office:

  • Office Name: Dustin Young and Company
  • Office Phone: (406) 216-3130
  • Listing Agent: Dustin J Young

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
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Housing Market Comparison

See how this home compares to others in Great Falls, MT.

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Great Falls, MT

City

Med. Sold Price

$323K

Med. Price/SqFt

$173

Avg. Days On Market

56

# of Sold Homes

64

1218 8th Ave S vs Great Falls

61 DAYS ON ROCKET

+5 Days

$1,195,000

+$871.9K More

KEY TAKEAWAY

This property is $871.9K more than the Median Sold Price in Great Falls, MT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MTR
  • MLS Number: #30035348

Listing Office:

  • Office Name: Dustin Young and Company
  • Office Phone: (406) 216-3130
  • Listing Agent: Dustin J Young

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/19/2024, 1:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,032

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-134478
2
/10

  • Longfellow Elementary School

  • 1100 6th Ave S

  • 0.20 miles

  • Public District Grades KG-6

school-card-donut-134479
6
/10

  • Sunnyside Elementary School

  • 1800 19th St S

  • 0.85 miles

  • Public District Grades KG-6

school-card-donut-134480
3
/10

  • Whittier Elementary School

  • 305 8th St N

  • 0.96 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,571. Typical income of Great Falls, MT residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Great Falls, MT

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Great Falls, MT?

Great Falls offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in the area range from rustic log cabins to contemporary and craftsman designs, reflecting the region's blend of traditional charm and modern sensibilities. The housing market is characterized by a mix of older homes with rich histories and newer constructions that cater to modern living standards.

Is Great Falls, MT a good place to live?

Great Falls is celebrated for its serene ambiance and close-knit community spirit. The city prides itself on its rich cultural heritage, with events like the annual State Fair and the Western Art Week drawing residents and visitors alike. The community's character is further enhanced by the stunning natural beauty of the surrounding landscapes, including the iconic waterfalls that give the city its name.

Are things conveniently located in Great Falls, MT?

The community is served by a network of public schools, healthcare facilities, and a public library system that collectively cater to the educational and wellness needs of residents. Great Falls boasts a variety of retail and dining options that reflect the local culture, offering everything from quaint boutiques to family-owned restaurants. The city is attentive to the evolving needs of its residents, with initiatives aimed at enhancing service provisions in line with demographic trends.

What does the transportation in Great Falls, MT look like?

Great Falls features a practical transport infrastructure that includes a network of roads and highways facilitating travel and commuting within and beyond the city. Public transit options are available, providing residents with alternatives to private vehicle use. The community's layout offers varying degrees of walkability, with certain areas being more pedestrian-friendly than others. The city also supports bikeability through designated lanes and trails for cyclists.

Frequently Asked Questions About 1218 8th Ave S

What is the listing price of this property?

The listing price of 1218 8th Ave S property is $1,195,000.

What type of property is this?

The property 1218 8th Ave S is a condo located in Great Falls, Montana, 59405.

Is this property for sale now?

Active Listing: 1218 8th Ave S is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 1218 8th Ave S is 1952.

Rocket Homes›Montana›Cascade County›Great Falls›59405›1218 8th Ave S

This home is located at 1218 8th Ave S in Great Falls, MT and zip code 59405. This home, which was built in 1952, sits on a 0.34 acre lot. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $1,195,000.

While more than 16 listings in Great Falls, MT in November 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 32 were sold below. Between October 2024 and November 2024, Great Falls, MT real estate market has seen decrease in the number of listings by 15.2%. While the average time on the market in November 2024 was 56 days, the median list price was $323,055.

From Rocket Homes Real Estate and based on county public records data.

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