101 1st Avenue N, Hot Springs, MT 59845

Building Details

Year built

1920

Number of units

10

Listing agent Peter Hagestad License #RRE-RBS-LIC-63229 Show Phone

Listing office eXp Realty LLC - Missoula m***@exprealty.net 1205 S Main St Ste. 335, Kalispell, MT Show Phone

Listing date Mar 20, 2026

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MLS# 30067232 Listing URL

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Overview

Located in Hot Springs, Montana, this multi-building investment property at 101 1st Ave. N. offers a unique income opportunity. Situated on a 0.48-acre lot, the property includes five buildings that generate rental income. The unit mix comprises a five-plex apartment building with five units, a duplex with two units, and three standalone homes featuring a 2-bed/1-bath layout, a 1-bed/1-bath layout with a garage, and a 3-bed/1-bath layout. Constructed in 1920, the property exudes classic charm and provides multiple revenue streams. The property benefits from shared maintenance efficiencies and strong rental demand from locals, retirees, and seasonal visitors attracted to Hot Springs' mineral pools and relaxed mountain atmosphere. The ample lot space allows for landscaping, parking, or future enhancements. This property is ideal for investors.

Map

City

Hot Springs

County

Sanders

State

Montana

Longitude

-114.669257

Latitude

47.609634

FAQs

What type of property is this?

Apartment building - Five buildings with multiple revenue streams in Hot Springs, Montana.

Where is this apartment building located?

The property is located at 101 1st Avenue N Hot Springs, MT.

What is the asking price?

The asking price for this property is $766,500.

What are key features of this property?

This property features: Multi‑building rental property on a 0.48‑acre lot at 101 1st Ave. N., Hot Springs, MT 59845; 5 buildings total: a five‑plex (5 units), a duplex (2 units), and 3 standalone homes; Unit mix includes 7 apartments/units plus 3 single‑family homes: 2 bed/1 bath, 1 bed/1 bath with garage, and 3 bed/1 bath