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720, 724, 728 E 2nd Avenue N

Columbus, MT 59019
  • $1,000,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 361302
UPDATED: 32 min ago
$1,000,000
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1975
County:

School Information

Elementary School:
Middle School:
High School:

Description

Exceptional opportunity to acquire Sage Apartments, an established 12-unit multifamily community in Columbus, Montana. This income-producing property offers a strong rental history and the opportunity to invest in affordable housing in a growing Montana community. The property operates within the USDA Rural Development affordable housing program and is subject to applicable RD requirements and restrictions. Residents benefit from an established rental assistance and affordability structure, while tenants are responsible for their individual utilities. The property is an attractive opportunity for investors seeking a stabilized multifamily asset. Investment and financial information available to qualified buyers. Buyer to independently verify all financial information, USDA Rural Development requirements, transfer provisions, rental assistance, and continued affordability obligations.

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© 2026 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 9/12/2026.
www.searchbillingsrealestate.com/homes/180166197
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720, 724, 728 E 2nd Avenue N Columbus, MT 59019

  • Price: $1,000,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 32 min ago
  • MLS #: 361302
0
Beds
0
Baths
0
½ Baths
0.6
Acres
1975
Built
Neighborhood:
Lavelle Add
County:
Stillwater
Area:
(12) Columbus; Absarokee; Nye; Big Timber; Reed Point; Rapelje
Elementary School:
Columbus
Middle School:
Columbus
High School:
Columbus
Property Description
Exceptional opportunity to acquire Sage Apartments, an established 12-unit multifamily community in Columbus, Montana. This income-producing property offers a strong rental history and the opportunity to invest in affordable housing in a growing Montana community. The property operates within the USDA Rural Development affordable housing program and is subject to applicable RD requirements and restrictions. Residents benefit from an established rental assistance and affordability structure, while tenants are responsible for their individual utilities. The property is an attractive opportunity for investors seeking a stabilized multifamily asset. Investment and financial information available to qualified buyers. Buyer to independently verify all financial information, USDA Rural Development requirements, transfer provisions, rental assistance, and continued affordability obligations.
Exterior Features

Architectural Style Two Story Construction Materials Wood Siding Exterior Features Sprinkler / Irrigation Lot Features Interior Lot Landscaped Parking Features Additional Parking Roof Asphalt Shingle

Interior Features

Above Grade Finished Area 0 Cooling Wall Unit(s) Cooling YN Yes Heating Hot Water Heating YN Yes Laundry Features Laundry Room Levels One Two Main Level Bathrooms 0

Property Features

Disclosures Disclosure on File Possession Close Of Escrow Property Condition Resale Property Sub Type Apartment Property Sub Type Additional Apartment Multi Family Sewer Public Sewer Tax Annual Amount 3932 Water Source Public Zoning Description Other

Listing information © 2026 Billings Association of Realtors MLS
Listing courtesy of Hannah Reno of Keller Williams Yellowstone Pr: 406-655-0005


© 2026 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 9/12/2026.
 
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