Conrad Real Estate

Conrad Real Estate

Welcome to Conrad, a charming town nestled in Pondera County, Montana. With a population of just over 2,500 residents, Conrad offers a close-knit community feel with all the amenities and services you need for comfortable living.

Conrad boasts stunning natural beauty, surrounded by the picturesque landscapes of Montana. Outdoor enthusiasts will find plenty to explore, from hiking and fishing to hunting and camping. The city is also known for its rich agricultural heritage, with vast farmlands and ranches dotting the countryside.

In Conrad, you'll find a range of housing options to suit your needs, whether you're looking for a cozy single-family home, a spacious ranch property, or a modern apartment. The real estate market in Conrad is diverse, offering opportunities for first-time homebuyers, growing families, and retirees alike.

With a strong sense of community and a focus on quality of life, Conrad is a wonderful place to call home. Whether you're drawn to the small-town charm, the natural beauty, or the friendly neighbors, you'll find that Conrad offers a welcoming environment for residents of all ages.

If you're considering making a move to Conrad, now is the perfect time to explore the real estate options available in this lovely Montana town. Let us help you find your dream home in Conrad and discover all that this vibrant community has to offer.

Newest Listings in Conrad

$1,399,000
30072305 MLS Missile Court Apartments BLDG.
Missile Apartments presents a rare opportunity to acquire a 24-unit multifamily investment property in Conrad, Montana, consisting of three separate 8-plex buildings situated on a spacious and well-maintained site. The property offers an attractive unit mix of twenty-one 2-bedroom, 1-bathroom apartments and three 1-bedroom, 1-bathroom apartments, serving a broad tenant base and providing stable workforce housing in a market with limited rental inventory. Originally developed and operated as an affordable housing community, the property is no longer subject to income or rent restrictions, creating a compelling value-add opportunity for investors. Current rental rates remain below market levels, providing future ownership with the ability to gradually reposition the property toward market-rate rents while benefiting from continued demand for quality rental housing in the area. In addition to rental upside, investors may have the opportunity to improve overall property performance through operational efficiencies and expense management. Historical operating expenses reflect the property's prior affordable housing structure and may not represent a fully optimized market-rate operation. As a result, future ownership may be able to enhance net operating income through both revenue growth and expense reductions. The property features mature landscaping, attractive green spaces, ample off-street parking, and a well-maintained physical plant, providing residents with a desirable living environment while minimizing future capital expenditure concerns. The three-building configuration also offers operational flexibility and diversification within a single investment. Offered at a price substantially below its current tax-appraised value, Missile Apartments represents an exceptional opportunity to acquire a sizeable multifamily asset with existing cash flow, significant upside potential, and a clear path toward increased value through strategic management and market-rate repositioning. Opportunities of this scale are uncommon in North Central Montana, making this a compelling acquisition for investors seeking both stability and long-term appreciation potential. All units are separately metered for electricity which tenants pay themselves.

1000 4th Avenue SW, Conrad

Start Your Search

board logoIDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.