616 Madison ST, Hamilton, MT 59840

$650,000

Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

616 Madison ST Hamilton, MT 59840

8,407 Sqft Lot

SOLD DATE : 10/07/2026

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 30077335

Sold Date 10/07/26

HOA Y/N No

Year Built 1966

Annual Tax Amount $3,998

Tax Year 2025

Lot Size 8,407 Sqft

Acres 0.193

Property Sub-Type Quadruplex

Property Description

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.

Location

State MT

County Ravalli

Interior

Interior Features InteriorFeatures

Fireplace No

Appliance Range, Refrigerator

Laundry Washer Hookup, In Bathroom

Exterior

Carport Spaces 4

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Separate Meters

Water Access Desc Public

Garage No

Building

Foundation Other

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 13146725423080000

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by TheAgency Missoula
Bought with TheAgency Missoula

NEARBY SCHOOLS & BUSINESSES

Lindsay Buhler

Lindsay Buhler

Supervising Broker License ID: 89029

+1(406) 868-0728

GET MORE INFORMATION

Name
Phone*
Message