Off MarketGood Deal115 days on market
602 2nd Ave S
602 2nd Ave S, Great Falls, MT 59405, Great Falls, MT 59405
$185,000
Estimate®:$177,400
Listing Price
602 2nd Ave S, Great Falls, MT 59405
Loc: Great Falls, MT
Days Listed
115
Tax Assessed
$226k
Estimate®
$177k
Market Rate
Lot Size
4,225 sqft
Rent Estimate
$1,846/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Longfellow School
PK-6
0.5 mi away
5
East Middle School
7-8
2.8 mi away
2
Great Falls High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
traditionalvinyl sidingcovered front porchgabled roofranchsingle-storycozysuburbandetached shedlawnresidentialasphalt shinglesmature trees
Haven AI Verdict
Recommendation
Good
Confidence Score: 7/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.54%
Total ROI
122.8%
Cash Flow
$203/mo
DSCR
1.21
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $203/mo net cash flow with a 7.5% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.5%)
- • Strong rental demand in Great Falls
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-28 | Listing removed | $1,000 | $1 |
| 2026-08-24 | Listed for rent | $1,000 | $1 |
| 2026-08-10 | Price change | $185,000 | $161 |
| 2026-08-04 | Price change | $200,000 | $174 |
| 2026-07-21 | Price change | $215,000 | $187 |
| 2026-06-25 | Listing removed | $1,000 | $1 |
| 2026-06-23 | Listed for rent | $1,000 | $1 |
| 2026-06-22 | Price change | $224,500 | $196 |
| 2026-06-02 | Listed for sale | $229,500 | $200 |
| 2024-06-14 | Listing removed | $0 | – |
| 2024-06-12 | Listed for rent | $1,000 | $1 |
| 2021-10-08 | Listing removed | $0 | – |
| 2021-10-04 | Listed for rent | $1,000 | $1 |
| 2020-08-11 | Sold | $0 | – |
| 2020-07-22 | Pending sale | $175,000 | $153 |
| 2020-07-15 | Price change | $175,000 | $153 |
| 2020-07-09 | Pending sale | $95,150 | $83 |
| 2020-07-01 | Price change | $95,150 | $83 |
| 2020-07-01 | Pending sale | $175,000 | $153 |
| 2020-05-29 | Price change | $95,150 | $83 |
| 2020-05-29 | Pending sale | $175,000 | $153 |
| 2020-05-14 | Price change | $175,000 | $153 |
| 2020-05-13 | Listed for sale | $95,150 | $83 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,354.11 | $226,400 |
| 2024 | $1,796.01 | $192,800 |
| 2023 | $1,828.14 | $192,800 |
| 2022 | $1,438.11 | $140,800 |
| 2021 | $1,489.1 | $140,800 |
| 2020 | $704.2 | $66,600 |
| 2019 | $674.91 | $66,600 |
| 2018 | $854.42 | $71,100 |
| 2017 | $810.26 | $71,100 |
| 2016 | $1,505.14 | $69,700 |
| 2015 | $670 | $69,700 |
| 2014 | $766.72 | $36,093 |
| 2013 | $606.2 | $35,140 |
| 2012 | $583.4 | $34,083 |
| 2008 | $0 | $46,400 |
| 2007 | $0 | $46,400 |
| 2006 | $0 | $46,400 |
| 2005 | $0 | $46,400 |
| 2004 | $0 | $46,400 |
| 2003 | $0 | $46,400 |
| 2002 | $0 | $16,088 |
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