721 / 735 Hobson Avenue, Butte, MT 59701

Butte
Local realty services provided by:ERA Lambros Real Estate
721 / 735 Hobson Avenue,Butte, MT 59701
$2,030,000
  • - Beds
  • - Baths
  • 11,400 sq. ft.
  • Multi-family
  • Active
Listed by: mike mcleod
Office: mcleod real estate group
MLS#:30077190
Source:MT_NMAR

Price summary

  • Price:$2,030,000
  • Price per sq. ft.:$178.07

About this home

Unlock immediate, stable cash flow with this fully occupied 12-unit multi-family property situated in a desirable central location. Featuring 12 two-bedroom, one-bathroom floor plans, this property consistently attracts long-term tenants and provides for minimal vacancy. Residents enjoy the everyday convenience of dedicated covered parking and proximity to local shopping, dining, and recreational opportunities. What makes this investment stand out is its built-in dual revenue stream. Alongside the 12 residential apartments, the property features 30 on-site storage units, creating additional steady income. This investment is being offered at a 7% cap rate and is arguably the best investment property currently offered in SW Montana.

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Home facts

  • Year built:1996
  • Listing ID #:30077190
  • Added:1 day(s) ago
  • Updated:August 25, 2026 at 02:34 PM

Rooms and interior

  • Living area:11,400 sq. ft.

Structure and exterior

  • Year built:1996
  • Building area:11,400 sq. ft.
  • Lot area:0.63 Acres
  • Foundation Description:Poured

Utilities

  • Sewer:Sewer Available

Finances and disclosures

  • Price:$2,030,000
  • Price per sq. ft.:$178.07
  • Tax amount:$14,409 (2025)

Parking

  • Carport spaces:12
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