Hot Springs, MT Apartment buildings for sale

Updated: Aug 7

Multifamily Property with Expansion Plans

404 S Arlee Street, Hot Springs, MT 59845

$599,000

0.33 AC lot

Five established rental units across a main home, cottage, cabin, and duplex
Two‑story duplex completed in 2025 with two 3‑bedroom, 2‑bath units
Additional duplex expansion has footings installed and a city‑approved variance
Installed water, sewer, and electrical infrastructure supports planned expansion
Main home includes vaulted ceilings and a 12x20 workshop

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Updated: Sep 18

Updated 6-Unit Apartment Building

120 D Street, Hot Springs, MT 59845

$320,000

0.35 AC lot

6‑unit apartment building with six one‑bedroom, one‑bath residences
0.352‑acre parcel at 120 D Street, Hot Springs, MT 59845
Recent plumbing, electrical, paint, and interior updates
Private front porch provided with every apartment
Parking area accommodates at least one dedicated space per unit plus guest parking

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Hot Springs, MT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated 12-Unit Multifamily Property

1430 3rd Avenue E, Kalispell, MT 59901

$2,995,000

9,357 sqft

Renovated 12-unit multifamily building operated as furnished short-term rentals in Kalispell’s Flathead Valley.

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Turnkey Multifamily with Storage

473 Osborn Avenue, Bigfork, MT 59911

$1,999,999

3,600 sqft

Fully renovated multifamily property includes short-term rentals, long-term units, a coin-operated laundromat, and mini-storage.

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Renovated Mixed-Use Property

473 Osborn Avenue, Bigfork, MT 59911

$1,999,999

0.11 AC lot

Commercially zoned building combining renovated rentals, laundry operations, and basement storage units.

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Independent Living Facility

119 5th Avenue W, Kalispell, MT 59901

$1,950,000

0.16 AC lot

Fully occupied senior housing property with private villas, shared amenities, and on-site services in downtown Kalispell.

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Off-Market Properties in Hot Springs, MT

Consider similar Off-Market properties in Hot Springs, MT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

GARDEN APT, COURT APT (5+ UNITS)

201 2nd N Ave, Hot Springs, MT 59845-1039

Estimated value: by Request

2,660 sqft 0.21 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

513 3rd N Ave, Hot Springs, MT 59845-9374

Estimated value:

$575,000

14,080 sqft 1.00 AC lot

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Hot Springs, MT Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Hot Springs, MT on our real estate platform.

Sale prices for two-family homes in Hot Springs, MT start at $320,000, averaging $459,500, and reaching up to $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
59845	$459.5K

Neighborhood

Average Price

59845

$459.5K