616 Madison Street, Hamilton, MT 59840
Local realty services provided by:ERA Lambros Real Estate
616 Madison Street,Hamilton, MT 59840
$650,000
- - Beds
- - Baths
- 3,016 sq. ft.
- Multi-family
- Active
Listed by: jenifer bain, kim williams
Office: theagency missoula
MLS#:30077335
Source:MT_NMAR
Price summary
- Price:$650,000
- Price per sq. ft.:$215.52
About this home
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....
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Home facts
- Year built:1966
- Listing ID #:30077335
- Added:1 day(s) ago
- Updated:September 02, 2026 at 02:22 PM
Rooms and interior
- Kitchen Description:Range, Refrigerator
- Living area:3,016 sq. ft.
Structure and exterior
- Year built:1966
- Building area:3,016 sq. ft.
- Lot area:0.19 Acres
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$215.52
- Tax amount:$3,999 (2025)
Features and amenities
- Appliances:Range, Refrigerator
Parking
- Carport spaces:4
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