For sale

$1,465,000

1516 Butler Creek Ave, Belgrade, MT 59714

11beds

12baths

--sqft

$8,723/mo

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Quadruplex, Multi Family, Multi Family

Built in 2021

-- sqft lot

$-- Zestimate^®

$--/sqft

$33/mo HOA

What's special

Nice southern lightAttractive setting for tenants

Investment opportunity in Belgrade! This four-unit property features four well-designed units, each offering two bedrooms, two and a half bathrooms, and an attached one-car garage. Every unit backs to the neighborhood trail system, providing nice southern light and an attractive setting for tenants. Ideally located with convenient access to schools, parks, shopping, dining, and everything Belgrade has to offer, this property combines a desirable location with strong rental appeal. The complex is fully leased, making it a turnkey investment with immediate income potential.

54 days

133

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 12

Heating

Forced Air, Natural Gas

Cooling

Varies by Unit

Appliances

Included: Dishwasher, Range, Refrigerator

Interior area

Finished area above ground: 0

Property

Parking

Parking features: Assigned, Garage
Has garage: Yes
Details: 2 Spaces/Unit

Features

Levels: One
Stories: 1

Lot

Size: 10,018 Square Feet

Details

Parcel number: REF81149
Zoning description: MR
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Fourplex
Property subtype: Quadruplex, Multi Family, Multi Family

Materials

Roof: Asphalt,Shingle

Condition

Year built: 2021

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: Story Creek Subdivision

HOA

Has HOA: Yes
Amenities included: Trail(s)
HOA fee: $100 quarterly

Location

Region: Belgrade

Financial & listing details

Tax assessed value: $1,838,980
Annual tax amount: $11,580
Date on market: 6/28/2026
Cumulative days on market: 56 days
Listing terms: Cash,1031 Exchange,3rd Party Financing

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/28/2026	Listed for sale	$1,465,000
Source: Big Sky Country MLS #412599 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,134 -32.1%	$1,535,000 +19.9%
2024	$10,510 -39.2%	$1,280,100 -40.6%
2023	$17,279 +123.5%	$2,154,900 +165.1%
2022	$7,731 +805.9%	$812,800 +804.8%
2021	$853 +1.2%	$89,833 +6.4%
2020	$843 -4.7%	$84,403
2019	$884	$84,403