MT
Ravalli
Hamilton
59840
616 Madison Street
616 Madison Street, Hamilton, MT 59840
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Listing Type
Multi Family
Listing Status
Active
20
$759,000

Home Details for 616 Madison Street

Price
$759,000
Type
Residential Income
Year built
1966
Lot size acres
0.193
County
Ravalli
MLS Listing#
30073290
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.

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Available
    • Electricity Connected
    • Natural Gas Connected
    • Phone Available
  • Water Features
    • Public
Listing Courtesy: Glacier Sotheby's International Realty Missoula - 406-541-7020
Presented by: Jenifer Bain
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Montana Regional MLS (MRMLS). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Montana Regional MLS. All Rights Reserved.
Last Updated: 2026-07-01 01:20:36
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EXIT REALTY BITTERROOT VALLEY SOUTH
301 N 1st., St. Unit 1, Hamilton, MT 59840
Office
406 375 9251
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