5605-5607 Cottonwood Drive N, Florence, MT 59833, Florence, Montana, United States. - Hero Image
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5605-5607
Cottonwood Drive N
Florence | Montana

The Spirit of

Urban Elegance

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Michael Pederson
Michael Pederson
Presented At
$667,000
5605-5607 Cottonwood Drive N, Florence, MT 59833, Florence, Montana, United States. - Photo 1
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5605-5607 Cottonwood Drive N, Florence, MT 59833, Florence, Montana, United States. , Florence , Montana 59833

Duplex

Duplex on 5 acres—It’s rare to find this sort of property come available. If you’re looking for household flexibility or an investment property, this is an exceptional opportunity! Live in one and rent the other to offset your payments; team up with a friend to buy together combining households with privacy and shared space; make creative use of the whole space and tailor it to your personal needs and lifestyle; or simply invest in a great property with excellent rental history! Each side of this duplex home offers 1329sf, 3-bedrooms & 1.75-bath, open living/dining area, fenced yard and double garage. The land gives you plenty of room to establish your homestead with space for your gardens and animals. Located in the 8-Mile area of Florence, this property offers quick access to Bitterroot River recreation, it’s just 5 minutes from dining, groceries, and schools, and only 30 minutes to Missoula—providing a perfect blend of rural living and modern conveniences.

Property

3D Street View Tour

Map showing 5605-5607 Cottonwood Drive N, Florence, MT 59833, Florence, Montana, United States.

Property Location

5605-5607 Cottonwood Drive N, Florence, MT 59833, Florence, Montana, United States., Florence Montana

Local Weather & Climate

Florence, Montana

Current Conditions Updated recently
41 °F
Overcast clouds
Feels Like 33°F
Humidity 82%
Wind 13 mph
Visibility 6.2 mi
Sunrise 1:54 PM
Sunset 1:37 AM
5-Day Forecast
Thu 12 Mar
Rain
High 42°
Low 42°
Fri 13 Mar
Rain
High 42°
Low 38°
Sat 14 Mar
Rain
High 41°
Low 36°
Sun 15 Mar
Clouds
High 38°
Low 22°
Mon 16 Mar
Clouds
High 44°
Low 32°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Florence?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

$
%
$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Ultra Luxury 108.3× median

Our perspective on current market conditions in Florence. For informational purposes only — always consult a licensed real estate professional before making decisions.

Neutral Market
Balanced conditions. Negotiate wisely.
50
Buyer Score

Local Market Price Trends

Median home sale prices in Florence, Montana — ZIP code 59833 over the last 24 months. This shows how property values in this neighborhood have changed over time, helping you understand whether the market is appreciating, stable, or cooling.

This property is listed at $66,700,000
Area median: $615,914

Market Competition

Future Value & Wealth Building

Starting investment: $667,000 20% down ($133,400)

26.6 years
Double Your Investment
Based on current market trends, your property value could double
$407,704
10-Year Equity
Your potential equity after 10 years of payments and appreciation
$3,550
Monthly Investment
Estimated monthly mortgage payment (principal & interest)
$1,457,806
30-Year Wealth Potential
Total equity after full mortgage payoff with market appreciation
3.1x
Leverage Power
Your $133,400 down payment could grow to $407,704 in equity (10 yrs)
Investment Perspective
$ $ $
$1 → $1.30
Every dollar invested today could become $1.30 in 10 years
$100 → 130 $1,000 → $1,298
+$48
$48/day
Your home may appreciate while you sleep
$339/week $1,468/mo $17,613/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$249K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential -4% advantage over stocks
RENT 💸 -$367K
vs
OWN 📈 +$408K
$408K Potential Equity
vs $367K lost to rent over 10 years
$133K Down Payment Growth
3.1x
10yr
$408K
6.1x
20yr
$818K
10.9x
30yr
$1.5M
Wealth Comparison
×3
Equivalent to 3 average US homes
top 10%
US household wealth ranking
Median: $193K Yours: $1.5M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
16.2
years
Optimistic
4.38% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $786K +18%
Market $866K +30%
Optimistic $1.0M +53%
$408K est. equity
20 Years
Conservative $925K +39%
Market $1.1M +68%
Optimistic $1.6M +136%
$818K est. equity
30 Years
Conservative $1.1M +63%
Market $1.5M +119%
Optimistic $2.4M +261%
$1.5M est. equity

Historical Market Context

How current appreciation compares to long-term averages

National Long-Term Average
4.27 %
1967 – 2024
57 years of U.S. home price data
Recent Decade Average
6.5 %
2014 – 2024
Post-recovery bull market
Historical Norm
Current 3.5% appreciation is in line with historical norms. Conservative projections are well-grounded.

Projections account for historical market cycles (~12% corrections every 6 years). Effective annual growth after corrections: 2.6%. Market scenario reflects current 3.5% YoY trend from Zillow (Dec 2023). These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from U.S. Census Bureau, World Bank, Zillow, and Redfin | Market data updated Dec 2023

Neighborhood Demographics

ZIP 59833 • 2022 ACS Data

5,728 Population
Median Age: 50.0
$78,003 Median Income
Above Average
$416,500 Median Home Value
Rent: $991
33.5% College Graduates
Above Average

Housing

Homeowners 80.8%
Renters 9.2%
Vacancy Rate 10.1%

Employment

6.2% Unemployment
22.6% Work From Home

Education Attainment (Age 25+)

High School+ 95.8%
Bachelor's+ 33.5%
Graduate+ 8.8%
Data from U.S. Census Bureau American Community Survey 2022

Frequently Asked Questions

Common questions about this property

This property is listed at $66,700,000.
In Florence, it's currently a unknown. These market conditions can affect pricing strategies and negotiation opportunities.
Based on current market indicators, Florence shows an active market. The market opportunity score is 50 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Florence, Montana. The property is situated in an established neighborhood with convenient access to local amenities and services.
Michael Pederson

Michael Pederson

Glacier Sotheby's International Realty

License #01969314

View Full Profile
Sandy McNamara

Sandy McNamara

Glacier Sotheby's International Realty

License #-88754

View Full Profile

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