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Joe Cary

[email protected] +1(406) 461-3854

$ 596,000

Est. payment | -/mo

7,000 Sqft Lot

Save

$ 596,000

Est. payment | -/mo

Save

7,000 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 411505

Style Fourplex

Year Built 1950

Annual Tax Amount $5,917

Tax Year 2025

Lot Size 7,000 Sqft

Acres 0.1607

Property Sub-Type Quadruplex

Property Description

Prime Downtown Mixed-Use Investment Opportunity! Located just one block from Main Street in the heart of downtown, this well-maintained property offers immediate income and long-term potential. The building features two fully leased commercial storefronts and four residential apartments, creating a strong and diversified revenue stream. In addition, the property includes a considerable amount of basement square footage, providing excellent potential for storage, future expansion, or additional income-producing use. Two of the apartments have been recently remodeled, adding modern appeal for tenants, while all residents enjoy access to a shared laundry area and covered patio. The property also includes valuable off-street parking, a rare and desirable downtown amenity. Adding even more upside, an unused ground-level space is ready for conversion into an additional commercial unit, storage rental, or another income-producing use. The sale also includes an adjoining lot, offering opportunities for expanded parking, future development, or other value-added improvements.
A turnkey investment with solid cash flow, multiple income sources, and room to grow—this is a rare opportunity in a prime downtown location.

Location

State MT

County Deer Lodge

Area Butte And Surrounding Areas

Direction See Map

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace No

Exterior

Parking Features Common, Gravel

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Water Access Desc Public

Building

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Others

Tax ID 0000221900

Ownership Full

Acceptable Financing Cash, 1031 Exchange, Owner May Carry, 3rd Party Financing

Listing Terms Cash, 1031 Exchange, Owner May Carry, 3rd Party Financing

Special Listing Condition None

Listed by Century 21 Shea Realty

Schools and Properties Nearby

124 E Commercial AVE Anaconda, MT 59711