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$795,000
346 Days On Site

507 Bighorn Drive
Thompson Falls, MT 59873

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
5,000
SqFt
$159
/SqFt
1982
Built
County:
Sanders
507 Bighorn Drive507 Bighorn Drive507 Bighorn Drive507 Bighorn Drive
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Monthly Payment (Est.)

$3,627
Calculator powered by Showcase IDX. Copyright ©2025 Information is deemed reliable but not guaranteed.

A very unique opportunity. 6 apartments with a partial basement that probably could be finished for 2 more apartments .This building is energy efficient and has a 100 lb snow load roof to boot. Southern exposure and on a paved road. And zoned Residential "B" multifamily by the City of Thompson Falls.! So when the city completes the sewer here, I believe you will gain at least two more buildings sites and maybe three (situated on acre of land). So you could build more houses or more duplexes or more apartments houses or even some tiny houses! Light covenants. We welcome 1031 TFE! Great bunch of tenants by the way and 5 of the 6 tenants have vouchers funded by the federal gov. For a depreciation write off on your taxes, inflation hedge protector, additional buildings sites and potential expansion . Ca$h Ok or Owners would "carry" with like maybe 30%-50% ish dn. The ROI is about 5.5%, on a very generous budget, if you subtracted the 3 additional bldg. sites from the cost of purchasing. The city sewer project will put this 6 plex on the system probably next year. When that happens there will be at least two more building sites that could then have more housing for the area as this project sits on one plus acres in the city.

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Listing Snapshot
Price 
$795,000
Days On Site 
346 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.112 Acres
Year Built 
1982
MLS® Number 
30016388
Status 
Active
Property Tax 
$5,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
6 months agoStatus changed to Active
6 months agoPrice changed to $795,000
11 months agoListing first seen on site
General Features
Acres 
1.112
Green Energy Efficient 
InsulationLightingWater HeaterWindows
Property Sub Type 
Apartment
Security 
Smoke Detector(s)Fire Alarm
Special Circumstances 
Standard
SqFt Total 
5000
Stories 
Two
Style 
Multi Level, Tri Level
Utilities 
Cable ConnectedElectricity Connected
Water Source 
Public
Zoning 
City
Interior Features
Basement 
Crawl Space
Cooling 
Window Unit(s)
Heating 
Radiant Ceiling
Laundry Features 
Common AreaIn HallMain Level
Window Features 
ScreensTriple Pane WindowsWindow CoveringsWood FramesWindow Treatments
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Exterior Features
Construction Details 
Wood SidingBatts InsulationBlown-In Insulation
Exterior 
PlaygroundRain Gutters
Lot Features 
Sloped
Road Frontage 
County RoadCity Street
Windows/Doors 
ScreensTriple Pane WindowsWindow CoveringsWood FramesWindow Treatments
Community Features
Accessibility Features 
Accessible EntranceAccessible Approach with Ramp
Financing Terms Available 
CashConventionalOwner May Carry
Roads 
Asphalt
Listing courtesy of Bennett Homes, Realty & Invest



Listing information is provided by Participants of the Montana Regional MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Montana Regional MLS.
Data last updated at: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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