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Quadplex with Attached Garages
For Sale
$1,465,000

1516 Butler Creek, Belgrade, MT 59714

ResidentialIncome, Belgrade, MT

Property SizeContact for details
Lot Size0.23 Acres
Days on Market66

Property Features for 1516 Butler Creek

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description MR
Parking features Assigned, Garage
Appliances Dishwasher, Range, Refrigerator
Subdivision Story Creek Subdivision
Directions W on Frontage, R on 13th, R on Butler Creek.
Standard status Active
APN REF81149
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description STORY CREEK SUB, S35, T01 N, R04 E, BLOCK 3, LOT 20, ACRES 0.23, PLAT J-630
Tax Annual Amount 11580
HOA Fee $100 Quarterly
Legal Description STORY CREEK SUB, S35, T01 N, R04 E, BLOCK 3, LOT 20, ACRES 0.23, PLAT J-630

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Varies by Unit
Water source Public

Amenities

trail system

Building Details

Year built 2021
Floors in Building 1
Number of units 4
Roof type Shingle, Asphalt
Architectural style Other
Listing Agency: Berkshire Hathaway - Bozeman · Berkshire Hathaway HomeServices
Listed By: Claire Gillam · License #BRO-71740
Added: Jun 26 Changed: Aug 28 Last Checked: Aug 30 at 5:06PM
MLS# 412599

Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2021, this quadplex contains four residences, each with two bedrooms, two and a half bathrooms, and an attached one-car garage. The units include dishwashers, ranges, and refrigerators, with forced-air natural gas heating. Cooling varies by unit. Assigned parking, a shingle asphalt roof, and public water and sewer complete the property improvements. The site encompasses 0.23 acres.

Each residence has direct access to the neighborhood trail system, with southern exposure supporting natural light and views toward the surrounding setting. The property is positioned near schools, parks, shopping, and dining in Belgrade. All four units are currently leased, providing an existing occupancy profile for the next owner.

Key Highlights

  • Four‑unit quadplex with 2 bedrooms and 2.5 bathrooms per residence
  • Attached one‑car garage for each unit, plus assigned parking
  • Built in 2021 on a 0.23‑acre site

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby

Demographics for 59714, MT

22,333
Population
10,043
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
97%
High-School Grad
418.2 sq mi
ZIP Area
53
Density / Sq Mi
$89,217
Median Household Income
$47,587
Median Earnings
$1,558
Median Rent
$490,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four leased residences with private garages, trail access, and convenient proximity to daily amenities.
Where is this quadplex located?
The property is located at 1516 Butler Creek Belgrade, MT.
What is the asking price?
The asking price for this property is $1,465,000.
What are key features of this property?
This property features: Four‑unit quadplex with 2 bedrooms and 2.5 bathrooms per residence; Attached one‑car garage for each unit, plus assigned parking; Built in 2021 on a 0.23‑acre site
More about this property
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