Generous land footprintDedicated parkingOne covered carport spaceOne additional uncovered space
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.
49 days
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331
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25
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Zillow last checked:
Listing updated:
Listed by:
Jenifer Bain406-396-1185,
Glacier Sotheby's International Realty Missoula,
Kim Williams406-546-6342,
Glacier Sotheby's International Realty Missoula
Source: MRMLS,MLS#: 30073290
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 4
Appliances
Included: Range, Refrigerator
Laundry: Washer Hookup, In Bathroom
Features
Has basement: No
Has fireplace: No
Interior area
Total structure area: 3,016
Total interior livable area: 3,016 sqft
Property
Parking
Total spaces: 4
Parking features: Carport
Carport spaces: 4
Lot
Size: 8,407 Square Feet
Details
Parcel number: 13146725423080000
Zoning description: 1
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex, Multi Family
Materials
Foundation: Other
Condition
New construction: No
Year built: 1966
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Separate Meters