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616 Madison St, Hamilton, MT 59840

  • $679,000

  • bed

  • 4

    bath

Multi-family for sale 28 days
$60K price drop
Movoto is helping 8 homebuyers near you

About 616 Madison St

Property type Multi-family
Year built 1966
HOA fee $0/month
Lot size 8,407 Sqft
Property description
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.
Listed by
Listing Agent - Jenifer Bain
Listing Office - Glacier Sotheby's International Realty Missoula
Source: Montana Regional MLS mls logo
MLS#30073290 • last updated 1 week ago
Movoto checked Montana Regional MLS for data 4 minutes ago
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Overview
MLS # 30073290
SubType Quadruplex
Type Residential Income
Status Active
Lot Size (SqFt) 8407
Lot Size (Acres) 0.193
Property Tax 3998.99
Year Built 1966
Interior
Total # of Bathrooms 4
Laundry WasherHookup, InBathroom
Appliances Range, Refrigerator
Exterior
Foundation Other
# Carport Spaces 4
Amenities / Utilities
Utilities ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, PhoneAvailable, SeparateMeters
Sewer/ Septic Public Sewer
Water Source Public
Location
County Ravalli
APN 13146725423080000
Zoning 1
Directions Corner Of Madison And South 7th, Hamilton. Google/Apple Maps Will Guide You There.
Multifamily Details
Total # of Units 4
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8/10
Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

Explore everything this neighborhood has to offer.
70/100
Walk
64/100
Family
20/100
Dining
65/100
Pet
  • Real Estate
  • MT
  • Ravalli County
  • Hamilton
  • 59840
  • 616 Madison St

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