$695,000
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507 Bighorn DR Thompson Falls, MT 59873
5,430 SqFt
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,430 sqft
Price per Sqft $115
MLS Listing ID 30064250
Sold Date 05/19/26
Style Other
Construction Status See Remarks
HOA Y/N No
Year Built 1982
Annual Tax Amount $4,184
Tax Year 2025
Lot Size 1.110 Acres
Acres 1.11
Property Sub-Type Apartment
Property Description
The Mountain House: 1.11 acres corner lot with Forest Service across the street. 6 apartments (4-2 bdrm/1 bath, a 1 bdrm/1 bath and a 3 bdrm/1 bath) with an unfinished basement and possibilities of being finished for 2 more apartments. Energy efficient with a 100 lb. snow load roof and triple pane windows. Southern exposure and on a paved road. Zoned Residential "B" multi-family!
When the city brings the sewer in, there is the potential of more building site/s. So perhaps you could build more houses, duplexes, apartment houses or even some tiny houses! We welcome 1031 exchanges! Great bunch of tenants and 5 of the 6 tenants have Rural Development vouchers.
Great for a depreciation write-off on your taxes, inflation hedge protection, additional building sites and/or potential expansion. Cash or owner financing with 30%-50%ish down, OAC. The ROI is about 6%, on a very generous budget, if you subtracted the potential additional bldg. sites from the cost of purchasing.
Location
State MT
County Sanders
Community Park
Zoning See Remarks
Rooms
Basement Partial, Unfinished
Interior
Interior Features InteriorFeatures
Heating Radiant Ceiling
Fireplace No
Window Features Triple Pane Windows
Appliance Dryer, Range, Refrigerator, Washer
Laundry Common Area, Main Level, Coin-operated
Exterior
Exterior Feature Courtyard
Parking Features Additional Parking
Community Features Park
Utilities Available Electricity Connected, High Speed Internet Available, Phone Connected, Separate Meters
View Y/N Yes
Water Access Desc Public
View Mountain(s), Residential, Trees/Woods
Roof Type Composition
Topography Level,Rolling
Street Surface Asphalt
Accessibility Accessible Approach with Ramp
Road Frontage City Street
Garage No
Building
Lot Description Back Yard, Corners Marked, Front Yard, Level, Rolling Slope
Entry Level Two
Foundation Poured, Basement
Sewer Private Sewer, Septic Tank
Water Public
Architectural Style Other
Level or Stories Two
Structure Type Wood Siding,Wood Frame
New Construction No
Construction Status See Remarks
Schools
School District District No. 2
Others
Pets Allowed Call
Senior Community No
Tax ID 35309104303360000
Acceptable Financing Cash, Conventional, FHA, Owner May Carry
Green/Energy Cert Construction, Windows
Listing Terms Cash, Conventional, FHA, Owner May Carry
Financing Contract,Seller Financing
Special Listing Condition Standard
Pets Allowed Call
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