# 124 E Commercial Avenue, Anaconda, MT 59711

> **TL;DR:** residential multi family, $596,000, built 1950. Est. $2,583/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $596,000 |
| Year Built | 1950 |
| Lot Size | 7,000 sqft (0.16 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,583 |
| **Total** | **$2,583** |

## Property Highlights

- Built in 1950
- 0.16 acre lot
- 2 stories

## Description

### Agent Description
Prime Downtown Mixed-Use Investment Opportunity! Located just one block from Main Street in the heart of downtown, this well-maintained property offers immediate income and long-term potential. The building features two fully leased commercial storefronts and four residential apartments, creating a strong and diversified revenue stream. In addition, the property includes a considerable amount of basement square footage, providing excellent potential for storage, future expansion, or additional income-producing use. Two of the apartments have been recently remodeled, adding modern appeal for tenants, while all residents enjoy access to a shared laundry area and covered patio. The property also includes valuable off-street parking, a rare and desirable downtown amenity. Adding even more upside, an unused ground-level space is ready for conversion into an additional commercial unit, storage rental, or another income-producing use. The sale also includes an adjoining lot, offering opportunities for expanded parking, future development, or other value-added improvements. A turnkey investment with solid cash flow, multiple income sources, and room to grow-this is a rare opportunity in a prime downtown location.

## Location

- **Address:** 124 E Commercial Avenue, Anaconda, MT 59711
- **County:** Deer Lodge
- **Coordinates:** 46.13038, -112.951325
- **Google Maps:** https://www.google.com/maps?q=46.13038,-112.951325

## Listing Agent

- **Name:** Michael Moreni
- **Brokerage:** Century 21 Shea Realty
- **Phone:** 4065604426
- **Email:** mike@c21shea.com

## Primary Photo

![124 E Commercial Avenue - Primary Photo](http://lh.rdcpix.com/9f13af4b554bcda4982dec2a5ac09cecl-f2413053583r.jpg)

*73 total photos available on [listing page](https://www.propertysimple.com/listing/124-e-commercial-avenue-anaconda-mt-59711-t411505)*

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**MLS#:** 411505 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/124-e-commercial-avenue-anaconda-mt-59711-t411505)

---

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