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1521 NW 1st Avenue unit: A
Great Falls MT 59404 US

$2,500,000

Active Listing ID 409724
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$2,500,000

Active Listing ID 409724
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1521 NW 1st Avenue unit: A Outstanding investment opportunity featuring a recently repositioned hospitality asset with strong in-place income and future upside. Originally constructed as a motel in 1954, the property was thoughtfully converted in 2025 into 23 Single Room Occupancy (SRO) units designed to accommodate both short-term and long-term tenants-creating diversified revenue streams and consistent demand. The property offers 23 private units, each with its own bathroom, and four units are equipped with convenient kitchenettes. Since commencing operations in October 2025, occupancy has remained strong, demonstrating solid market demand and operational stability. The seller is offering a three-month "rent guarantee" with a full-price offer, adding an additional layer of security for investors. With a projected Net Operating Income of $181, 000, this asset presents an attractive return. Exterior painting is currently underway. Seller will consider carrying short-term financing for qualified buyers.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Other

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 2500000
  • unparsedaddress: 1521 NW 1st Avenue unit: A
  • postalcity: Great Falls
  • stateorprovince: MT
  • country: US
  • postalcode: 59404
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 7512
  • livingareaunits: Square Feet
  • latitude: 47.509301
  • longitude: -111.339013
  • listagentfullname: Gary Shea
  • listagentemail: gary@c21shea.com
  • listagentkey: 3yd-GARMT-gshea
  • listagentmlsid: gshea
  • listagentpreferredphone: 4064907432
  • listagentofficephone: 4067235455
  • listofficekey: 3yd-GARMT-764
  • listagentstatelicense: BRO-10976
  • listofficemlsid: 764
  • disclaimer: Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GARMT
  • yearbuilt: 1954
  • listingcontractdate: 2026-03-18
  • listagenturl: http://www.c21shearealty.com
  • countyorparish: Cascade
  • parcelnumber: 0001832800
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Century 21 Real Estate
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • location: -111.33901, 47.5093
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Century 21 Shea Realtors", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"gary@c21shea.com", "ListBrokerageCity":"Butte", "ListBrokerageCountry":"US", "ListBrokerageEmail":"gary@shearealtors.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Century 21 Shea Realtors", "ListBrokeragePhone":"(406) 490-7432", "ListBrokeragePostalCode":"59701", "ListBrokerageStateOrProvince":"MT", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1900 Harrison Ave.", "ListBrokerageWebsiteUrl":"http://www.c21shearealty.com", "ListOfficeAddress1":"1900 Harrison Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"764", "ListOfficeCity":"Butte", "ListOfficeCountry":"USA", "ListOfficeEmail":"gary@shearealtors.com", "ListOfficePostalCode":"59701", "ListOfficeStateOrProvince":"MT", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Great Falls, MT", "ListingURL":null, "MLSModificationTimestamp":"2026-03-26 17:30:55", "Neighborhoods":[{"Description":null, "Name":"12M - Other Montana Counties"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6500, "TaxDescription":"WEST GREAT FALLS ADD, S03, T20 N, R03 E, BLOCK 034, LOT 004, W40' LT 4 & ALL LTS 5-12", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/26/2026 7:40:48 PM GMT
Source Updated Date: 3/30/2026 12:47:41 PM GMT

Courtesy of: Gary Shea, Century 21 Shea Realty, gary@c21shea.com

Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.