- For Sale $769,000
- Property Type Multi-Family
- Property Size 7,018 SF
- Units 11
- Lot Size 0.2 Acre
- Year Built 1897
- Date Updated Jul 15, 2026
Description
Situated in Miles City, MT, this multifamily property benefits from the city's position as the commercial, healthcare, and service center for a large portion of Eastern Montana. Miles City serves as a regional hub for surrounding communities, supporting a stable economic base driven by healthcare, agriculture, education, government services, transportation, and retail trade.11-Unit Multifamily Investment Opportunity | Miles City, Montana
Position your portfolio for long-term growth with this 11-unit multifamily investment property in Miles City, Montana. Currently operating at approximately 90% occupancy, the property offers strong in-place cash flow while presenting additional upside through lease-up of the remaining vacancy and future operational enhancements.
This apartment building provides investors with scale, diversification, and stability through multiple income-producing units in a market supported by consistent workforce housing demand. The property's occupancy history and established tenant base create an attractive foundation for investors seeking reliable income with the potential for increased returns.
Located within one of Eastern Montana's primary economic and service centers, the property benefits from proximity to healthcare, education, government, retail, and agricultural employment sectors. The combination of current occupancy, rental demand, and future value-add potential makes this asset well-suited for both experienced multifamily investors and those seeking to expand their income-producing real estate holdings.
Whether your strategy is stable cash flow, portfolio diversification, or long-term appreciation, this 11-unit apartment community offers a compelling opportunity in a growing regional market.
Highlights
- 11-unit multifamily apartment building
- Approximately 90% occupied with immediate cash flow
- Attractive asset for investors seeking cash flow and long-term appreciation
- Convenient access to major employers, healthcare facilities, schools, and retail amenities
- Diversified revenue stream across eleven residential units
- Existing tenant base provides operational stability
- Located in the regional trade center of Eastern Montana
- Opportunity to increase NOI through occupancy optimization and rent growth
- Scalable multifamily investment with professional management potential
- Stable income-producing asset in an established rental market
- Strong workforce housing demand supports occupancy
- Value-add opportunity through lease-up of remaining vacancy
- Well-positioned for portfolio expansion or long-term hold strategy
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Contacts
Megan Koontz
SVN | Purewest Commercial Real Estate
Location
Contact Listing Broker
Megan Koontz
SVN | Purewest Commercial Real Estate