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Exceptional investment opportunity in the heart of Hamilton! This 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.
Property Type(s):
Multi Family
| Year Built | 1966 | County | Ravalli |
|---|
Additional Details
| APPLIANCES | Range, Refrigerator |
|---|---|
| LOT | 8407 sq ft |
| LOT DIMENSIONS | 8407 |
| SEWER | Public Sewer |
| TAXES | 3998.99 |
| UTILITIES | Natural Gas Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available |
| WATER | Public |
| ZONING | 1 |
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Listing provided by: Jenifer Bain, TheAgency Missoula | 616 Madison Street
IDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2026.
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