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312 E Broadway Road, Philipsburg, MT 59858

Philipsburg
Local realty services provided by:CENTURY 21 Peak Properties
312 E Broadway Road,Philipsburg, MT 59858
$999,000
  • - Beds
  • - Baths
  • 3,277 sq. ft.
  • Multi-family
  • Active
Listed by: jessie m eagen
Office: eagen real estate
MLS#:30072193
Source:MT_NMAR

Price summary

  • Price:$999,000
  • Price per sq. ft.:$304.85

About this home

Pioneer Apartments presents a rare opportunity to acquire a 16-unit multifamily investment property situated on approximately 4.8 acres in the historic mountain community of Philipsburg, Montana. The property consists of fourteen 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units in a well-maintained campus-style setting featuring mature trees, expansive green space, and ample off-street parking. Originally developed and operated as an affordable housing project, Pioneer Apartments is no longer subject to income or rent restrictions, creating a compelling value-add opportunity for investors. Current rental rates remain below market levels, providing future ownership with the ability to gradually reposition the property toward market-rate rents while benefiting from strong demand for workforce and affordable housing alternatives in the region. The property offers an attractive combination of stable occupancy, durable improvements, and significant upside potential. In addition to...

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Home facts

  • Year built:1978
  • Listing ID #:30072193
  • Added:1 day(s) ago
  • Updated:June 04, 2026 at 05:44 PM

Rooms and interior

  • Living area:3,277 sq. ft.

Structure and exterior

  • Year built:1978
  • Building area:3,277 sq. ft.
  • Lot area:4.8 Acres

Finances and disclosures

  • Price:$999,000
  • Price per sq. ft.:$304.85
  • Tax amount:$9,108 (2025)
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