$9,441
closing credit¹
507 Bighorn Dr Thompson Falls, MT 59873
Property details
About 507 Bighorn Dr
A very unique opportunity. 6 apartments with a partial basement that probably could be finished for 2 more apartments .This building is energy efficient and has a 100 lb snow load roof to boot. Southern exposure and on a paved road. And zoned Residential "B" multifamily by the City of Thompson Falls.! So when the city completes the sewer here, I believe you will gain at least two more buildings sites and maybe three (situated on acre of land). So you could build more houses or more duplexes or more apartments houses or even some tiny houses! Light covenants. We welcome 1031 TFE! Great bunch of tenants by the way and 5 of the 6 tenants have vouchers funded by the federal gov. For a depreciation write off on your taxes, inflation hedge protector, additional buildings sites and potential expansion . Ca$h Ok or Owners would "carry" with like maybe 30%-50% ish dn. The ROI is about 6 %, 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.
Highlights
Summary
- MLS Number: 30016388
- MLS Name: MTR
- Office Name: Bennett Homes, Realty & Invest
- Office Phone: (406) 827-4663
- Office Email: bennett@thompsonfalls.com
- Listing Agent: David Bennett
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2025 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$795,000
507 Bighorn Dr
$9,441
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $463,300 | $3,957 |
| 2023 | $463,300 | $4,946 |
| 2022 | $306,800 | $4,040 |
| 2021 | $306,800 | $3,949 |
| 2020 | $345,700 | $4,290 |
| 2019 | $345,700 | $3,201 |
| 2018 | $327,600 | $3,946 |
| 2017 | $327,600 | $3,007 |
History based on county public records data.
Nearby schools
5
Thompson Falls Elementary School
Public District PK-6
0.6 mi
•315 Columbia
6
Plains Elementary School
Public District PK-6
22.9 mi
•412 Rittenours St
5
St Regis School
Public District PK-6
23.4 mi
•90 Tiger St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,128. The majority of Thompson Falls, MT residents have income less than $<35k annually. Typical family type is married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Figure Skating
Hunting
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Cadillac
Oldsmobile
What do the neighbors listen to?
Classic Country
Oldies
New Country
Frequently asked questions
About 507 Bighorn Dr
This home is located at 507 Bighorn Dr in Thompson Falls, MT and zip code 59873. Features: 0 bathroom. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $795,000.
In December 2024 more than 0 listings in Thompson Falls, MT were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Thompson Falls, MT increased by 11.1% between November and December 2024. In December 2024, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $585,000.