229 2nd Ave SE, Cut Bank, MT, 59427
About This Home
Introducing the Springhill Apartments, where breathtaking views of the Rocky Mountain Front meet a rock-solid investment opportunity. In the heart of Cut Bank, Montana—a town where rental demand consistently outpaces supply—this 35-unit gem stands out as a premier housing choice. Springhill has been thoughtfully reimagined with a suite of comprehensive renovations. You’ll find a refreshed lobby, modern flooring, and updated laundry facilities, all secured by a top-tier camera system. Outside, the property shines with lush new sod, a vibrant playground, and inviting dog parks that make tenants feel right at home. Beyond the aesthetics, the "heavy lifting" is already done: new gas water heaters, plumbing, and electrical updates are all in place. With a dedicated Rental Compliance Manager already driving record-high collections and a doubled rent roll, this is a rare chance to step into a stabilized, low-risk property that delivers from day one.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1971
Materials
- Roof: Metal
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 18
- Bathrooms: 39
Features
- Finished area above ground: 0
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Property
Details
- Parcel number: 0000000571
- Zoning description: CALL - Call Listing Agent for Details
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Play Structure
- Fencing: Chain Link
Lot
- Lot size: 0.92 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Lightning
- Inland Flooding
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Glacier County and Montana
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $13,905 | $166,860 |
| Home Insurance | $1,633 | $19,596 |
| Property Taxes | $1,122 | $13,464 |
| Electricity | $151 | $1,812 |
| Total | $16,811 | $201,732 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-17 | Listed for sale | $2,995,000 |
| 2024-06-29 | Listing removed | -- |
| 2024-04-16 | Listed for sale | $1,850,000 |
| 2018-10-11 | Sold | -- |
| 2018-10-10 | Listed for sale | $1,200,000 |
| 2016-01-25 | Listing removed | $1,495,000 |
| 2015-02-18 | Listed for sale | $1,495,000 |
View on Zillow