Hidden Gem, Garage, Finished Basement, Income Potential
1955 Glendive Ranch, 4BR, Garage, Basement — $139,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 4BR/2BA ranch, 1824 sqft, detached garage, shed, fenced yard, unfinished basement |
| Condition | 25% | 5 | Unfinished basement, no system dates named; cosmetic/finish work implied, not distressed |
| Price / Sq Ft | 15% | 8 | Listing $76/sqft vs zip median $106/sqft — 28% below median; 8 comps, thin but directional |
| Price vs. Market | 5% | 6 | $139K vs $163K zip median — approximately 15% below median sale price |
| Market Conditions | 5% | 8 | 59.4% price drops, 190-day median DOM, sale-to-list data missing — strong buyer's market |
At $76 per square foot, this house is 28% below the zip code median for price per square foot. In a market where nearly 60% of listings have taken price cuts and homes are sitting an average of 190 days, that gap is real. Glendive is a buyer's market right now, and this one is priced like it knows that.
The house itself is a 1955 ranch, four bedrooms and two baths across 1,824 square feet on one level. That is a lot of room for the price. Ranch layouts work well for families who want everything on one floor, and they tend to age well too — no stairs to negotiate, no complicated floor plan. The bedrooms are there, the bathrooms are there, and the bones of daily life are covered without asking you to climb anything.
Out front there is a wood deck attached to the house. The backyard is fenced, which matters if you have kids or a dog, and the yard runs on underground sprinklers, so you are not dragging hoses around in the summer. There is a detached single-car garage and a storage shed, which in Montana is not a small thing. You need somewhere to put the things winter requires.
The basement is unfinished. That is the main unknown here. No system ages are listed, no recent work is called out, so you are going in without a clear picture of the mechanical situation. Get a thorough inspection. The basement itself is a blank slate — it adds roughly another 1,800 square feet of raw space if the footprint matches the main floor, and whatever you turn it into is yours to decide. A family room, a workshop, storage, a bedroom suite eventually. It takes work and money, but it is space you are getting for almost nothing at this price.
At $139,000 for a four-bedroom house with a garage, a fenced yard, and a basement to expand into, the math is straightforward. What you pay for this in Glendive would not get you close in most places. That is the point.
