305 E Railroad Ave N, Manhattan, MT, 59741
About This Home
Great opportunity in the heart of Manhattan! This versatile property offers two charming 2-bedroom, 1-bath units—perfect for owner-occupants looking to live in one and rent the other, or investors seeking dual rental income. Each unit features comfortable living space and lots of character. Hard-to-find amenities include a yard and garage space, adding to the property’s appeal. Conveniently located near local shops, dining, and everyday conveniences, this location offers easy access to everything Manhattan has to offer. Originally built in 1919 and later relocated to its current site, the county records list an effective year built of 1965. Zoned Central Business, the property presents a wide range of potential uses and future possibilities. Schedule a showing to fully appreciate all this property has to offer. Both units are currently tenant-occupied—please respect their privacy when doing drive-bys of the property.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1965
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family,Multi Family
Interior
Appliances
- Appliances included: Range,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Flooring: Partially Carpeted
- Finished area above ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: None
Property
Details
- Parcel number: 0000REE610
- Zoning description: CBD
- Special condition: None
- Exclusions: Tenant's personal property
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 6,499 sqft
- Features: Lawn
Parking
- Parking features: Garage
- Has garage: Yes
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
- Lightning
- Winter Weather
- Earthquake
- Hail
- Inland Flooding
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Gallatin 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 | $2,502 | $30,024 |
| Home Insurance | $126 | $1,512 |
| Property Taxes | $155 | $1,860 |
| Electricity | $151 | $1,812 |
| Total | $2,934 | $35,208 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-28 | Listed for sale | $500,000 |
| 2019-10-22 | Listing removed | $325,000 |
| 2019-08-09 | Listed for sale | $325,000 |
| 2012-09-19 | Sold | -- |
View on Zillow