MT
Cascade
Great Falls
59401
2400 2nd N Avenue
2400 2nd N Avenue, Great Falls, MT 59401
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Listing Type
other
Listing Status
Active
44
$415,000

Home Details for 2400 2nd N Avenue

Price
$415,000
Type
Residential Income
Year built
1923
Lot size acres
0.172
County
Cascade
Garage
3
Basement
Concrete
MLS Listing#
30075655
Property Description

Duplex and a separate single family home!!! All situated on one lot across from Roosevelt Park. This unique income producing property offers a rare opportunity to own three rental units on one lot, making it an excellent option for investors or owner occupants looking to offset their mortgage with rental income. With the property currently operating at approximately a 9% capitalization rate based on current income and expenses, it presents an attractive opportunity for investors seeking strong cash flow. Buyers should perform their own due diligence to verify income, expenses, and cap rate calculations. There is also additional upside potential, as Units 2 and 3 offer opportunities for cosmetic updates that may increase rental appeal and future rental income. The front unit of the duplex has been extensively renovated. Recent improvements include a new roof on the duplex (2026), new dormer siding (2026), new water heater and updates to most of the plumbing in the front unit (2025), new light fixtures, ceiling fans, sinks, and plumbing fixtures, a new rear entry door, replacement of the front sidewalk step, and a remodeled second floor bathroom featuring a new vanity, sink, plumbing, toilet, and updated lighting. The 2026 roof replacement also included new roof vents and repairs to previous leaks in the hallway and second floor bedroom, providing added peace of mind. Conveniently located near parks, schools, shopping, and other Great Falls amenities, this property combines current income with the opportunity to add value over time. Water/sewer/trash Paid by owner & Gas/Electric paid by tenant (individually metered). Whether you're an experienced investor or looking for an owner occupied investment, this versatile property offers immediate income, significant recent improvements, and the potential to further increase returns through cosmetic enhancements to Units 2 and 3.

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
  • Parking
    • Alley Access
    • RV Access/Parking
    • On Street
  • Cooling Information
    • Wall Unit(s)
  • Water Features
    • Public
  • Basement
    • Concrete
Listing Courtesy: Dustin Young and Company - 406-216-3130
Presented by: Audrey Lazzarini
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Montana Regional MLS (MRMLS). 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 brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Montana Regional MLS. All Rights Reserved.
Last Updated: 2026-08-07 20:20:24
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EXIT REALTY GREAT FALLS
203 Smelter Ave N.E, Great Falls, MT 59404
Office
406 770 3948
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