616 Madison St

Hamilton, MT 59840
  • $679,000

    Price
  • 0

    Bed
  • 4

    Bath
  • 3,016

    SqFt

About the Listing 54500835 - mt.545051084,mt.545054567

Exceptional investment opportunity in the heart of Hamilton! This fully leased fourplex at 616 Madison Street and 320 7th Street offers immediate rental income with four well-maintained 2-bedroom, 1-bath units in one of the Bitterroot Valley's most desirable locations. Each unit features its own private laundry, providing added convenience and appeal for tenants, along with dedicated parking that includes one covered carport space and one additional uncovered space. Situated on two city lots, this property stands out as a rare investment opportunity. The generous land footprint provides flexibility for future enhancements or long-term appreciation. With strong current cash flow and room for future value creation, this is an ideal opportunity for investors seeking portfolio growth, a 1031 exchange property, or a well-positioned asset in the heart of Hamilton. Ideally situated within walking distance of downtown Hamilton's shops, restaurants, parks, and the popular seasonal farmers market, tenants enjoy convenient access to everything the community has to offer. Opportunities like this—with stable income, prime location, private in-unit laundry, and development potential—are increasingly hard to find.

Listing Highlights

Status Active
Days on Site 29
Property Type Multi-Family
MLS ® 30073290
Year Built 1966
Total Square Footage 3,016
Lot/Acreage 0.19
County Ravalli

Interior Details

  • Bedrooms: 0
  • Bathrooms: 4 Full
  • Appliances: Range, Refrigerator
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Zoning: 1
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $3,999
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13146725423080000
  • Tax Year: 2025

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616 Madison St Hamilton, MT 59840

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Originating MLS: MTR

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Karli Hughes

| Karli Hughes | ERA Lambros Real Estate

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