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    Lonepine, MT Plains, MT Marion, MT Elmo, MT Big Arm, MT Polson, MT Paradise, MT Missoula, MT
    Multifamily Property with Expansion Plans
    Updated: Aug 7
    Multifamily Property with Expansion Plans

    404 S Arlee Street, Hot Springs, MT 59845

    $650,000
    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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    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 7 Potential Opportunities for your consideration. Besides 1 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
    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.

    View details
    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    473 Osborn Avenue, Bigfork, MT 59911

    $2,100,000
    0.11 AC lot

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

    View details
    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    473 Osborn Avenue, Bigfork, MT 59911

    $2,100,000
    0.11 AC lot

    Commercial property with rental units, a laundromat, and secure basement storage.

    View details
    Independent Living Facility
    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.

    View details

    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.

    201 2nd N Ave
    GARDEN APT, COURT APT (5+ UNITS)

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

    Value Estimation by Request
    2,660 sqft 0.21 AC lot
    View details
    513 3rd N Ave
    GARDEN APT, COURT APT (5+ UNITS)

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

    $575,000
    Estimated value
    14,080 sqft 1.00 AC lot
    View details

    Hot Springs, MT Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Hot Springs, MT on our real estate platform.

    Sale prices for two-family homes in Hot Springs, MT average $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,302
    Population Growth (5Y) -27.6%
    Median Household Income $31,458
    College Educated 30.3%

    Taxes & Financing

    Tax Rate (average for all types) 1.46%
    Property Tax per SF $18.50 per SF
    Tax Rate vs County Average 0.29 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sanders County

    New Delisted

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