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For Sale

Heritage Apartments

232 7th Street South, Glasgow, MT 59230

Welcome to Glasgow, a charming and growing community in northeastern Montana that offers the perfect setting for multi-family investment properties. Known for its friendly atmosphere and beautiful landscapes, Glasgow is a regional hub for nearby rural areas, with consistent demand for quality rental housing driven by local employment, schools, and healthcare facilities. This multi-family property is ideally situated in a quiet, residential neighborhood with easy access to downtown amenities, parks, schools, and Highway 2. Tenants enjoy a peaceful, small-town environment while still benefiting from essential services, shopping, and recreational opportunities. Glasgow’s low vacancy rates and stable rental market make it a smart choice for investors looking for long-term income potential. With proximity to Fort Peck Lake and the Charles M. Russell National Wildlife Refuge, the area also attracts seasonal workers and outdoor enthusiasts, creating additional rental demand year-round. Whether you're expanding your portfolio or just getting started, this property offers reliable cash flow in a welcoming, tight-knit community with room for growth.Presenting an exceptional opportunity to own a well-maintained 19-unit apartment complex in the heart of Glasgow, Montana. This income-producing property features all 2-bedroom, 1.5-bathroom units, offering spacious layouts ideal for singles, couples, and small families. With strong rental demand and limited multifamily inventory in the area, this complex is perfectly positioned to deliver reliable cash flow and long-term investment potential. Located in a quiet residential neighborhood just minutes from downtown, tenants enjoy convenient access to schools, parks, shopping, and local employers. Each unit offers comfortable living space with functional floor plans, ample natural light, and designated off-street parking. On-site laundry and tenant storage add to the property's appeal. Glasgow serves as a regional hub in northeastern Montana, attracting residents from surrounding communities and seasonal workers alike. Its proximity to Fort Peck Lake, the Charles M. Russell National Wildlife Refuge, and abundant outdoor recreation makes it a desirable location year-round. The local economy is supported by healthcare, agriculture, education, and energy sectors, contributing to a stable rental market. Whether you're a seasoned investor or seeking to expand your portfolio, this 19-unit complex presents a rare chance to acquire a turnkey multifamily asset in a growing, under-supplied rental market.

Key features

  • Currently under market rents offering immediate income expansion
  • Large 2 bedroom/1.5 bathroom units
  • Very few multi family opportunities in the area
  • Well maintained
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Contacts

broker
Corey Olofson

Landstar Properties

Building Details

  • For Sale $1,425,000
  • Property Type Multi-Family
  • Property Size 17,544 SF
  • Units 19
  • Lot Size 0.53 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1955
  • Date Updated Apr 28, 2026

Attachments

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Getting Around

  • Walk Score ®

    Somewhat Walkable (60)
  • Bike Score ®

    Bikeable (56)
Powered by Walk Score ®

Location

  • City Glasgow, MT
  • Zip Code 59230

Points of Interest

Conoco

0.47 miles

Pizza Hut

0.22 miles

Taco Shack

0.23 miles

DQ Grill & Chill

0.24 miles

McDonald's

0.27 miles

Durum Steak House

0.30 miles

Sam's Supper Club

0.39 miles

Eugene's Pizza

0.48 miles

Flip Burgers and Treats

0.75 miles

Reynolds Market

0.45 miles

Glasgow Fire Department - South Side Fire Hall

0.34 miles

Frances Mahon Deaconess Hospital

0.46 miles

Mental Health Center

0.52 miles

Glasgow Fire Department - North Side Fire Hall

0.90 miles

232 7th Street South Listing Summary

  • What is the asking price at Heritage Apartments?

    Heritage Apartments is currently listed for sale at Contact for pricing.

  • What is the total size of Heritage Apartments?

    Heritage Apartments has a total of 17,544 square feet.

  • What is the year built for Heritage Apartments?

    The year built for Heritage Apartments is 1955.

Contact Listing Broker
broker
Corey Olofson

Landstar Properties

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