Character Home, Fireplace
1955 Brick Home in Roundup, 9 Bedrooms, 3,706 Square Feet — $150,000
7
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 9 | Brick construction, 9BR/4BA, 3,706 sqft, fireplace, covered porch, mature trees |
| Condition | 25% | 5 | "Needs repairs, priced accordingly" — no system dates, no specifics; assume meaningful work required |
| Price / Sq Ft | 15% | 10 | Listing $40/sqft vs zip median $174/sqft — 77% below median; 8 comps, directional but striking |
| Price vs. Market | 5% | 9 | $150K vs $257K zip median — 42% below; rural MT market, comps are relevant |
| Market Conditions | 5% | 7 | DOM 75 median vs 39 here; 36.3% price drops signals active buyer leverage |
Forty dollars a square foot. That number is what stops you with this one. The zip median sits at $174 per square foot. This house is listed at $40. That gap is wide enough to make you read the listing twice.
What you get for $150,000 is a 1955 brick house in Roundup, Montana with 3,706 square feet, nine bedrooms across two levels, four bathrooms, a fireplace in the living room, a covered front porch, and mature trees on the lot. The main level has a large kitchen with substantial cabinet and counter space, a living room, and several bedrooms. Downstairs adds more rooms, laundry, and storage. The brick construction alone would cost a fortune to replicate today.
Nine bedrooms is a lot of rooms. That kind of space works for a big family that actually needs it, a multigenerational household, or someone running a small residential program of some kind. You could also use the lower level as a self-contained living area and keep the main floor to yourself. The layout gives you options that most houses at this price never would.
The honest part: the listing says "needs repairs, priced accordingly," and there are no specifics given on what was updated or when. No dates on systems, no mention of roof, mechanicals, or windows. That phrase in a listing usually means the work is real and the list is probably longer than you want it to be. You are buying a project, and the scope of that project is something you would need to determine with a thorough inspection before you commit. Budget accordingly, and then budget more.
What the price makes possible is this: even if you put $75,000 into this house, you are at $225,000 for nearly 3,700 square feet of solid brick construction in a town where the median sits at $257,000. The math has room in it. That is what you are actually buying here — room in the math, and a lot of square footage to work with once the repairs are done.
