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Multifamily Rental Portfolio
For Sale
$720,000

366 E Mercury, Butte, MT 59701

ResidentialIncome, Butte, MT

Property SizeContact for details
Days on Market34

Property Features for 366 E Mercury

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R2
Directions GPS will take you to all properties. Text Listing agent for directions to each property.
Subdivision 10BNE - Butte - N of Front, E of Montana
Standard status Active
APN 0000201600

Taxes and HOA fees

Tax Year 2025
Tax Description KINGS 1 AND 2 OLD PLAT, S18, T03 N, R07 W, BLOCK 5, W 10' OF 8, E 25' OF 9
Tax Annual Amount 5600
Legal Description KINGS 1 AND 2 OLD PLAT, S18, T03 N, R07 W, BLOCK 5, W 10' OF 8, E 25' OF 9

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1910
Floors in Building 1
Number of units 4
Listing Agency: Platinum Real Estate
Listed By: Markee Richards · License #RBS-70752
Added: Aug 24 Changed: Sep 23 Last Checked: Sep 26 at 12:06AM
MLS# 414357

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.

This multifamily offering brings together tenant-occupied homes with varied bedroom and bath configurations, existing rental income, and opportunities for further improvements. The properties include a 3-bedroom, 1-bath home at 855 Lewisohn Street with approximately 1,725 square feet, under-home storage with electricity, a newer heating system, and a roof approximately 7-8 years old. The 3-bedroom, 2-bath residence at 34 E Center Street provides approximately 1,150 square feet above grade plus a 575-square-foot basement, along with updated roofing, heating, and hot-water systems.

The 2-bedroom, 1-bath home at 366 E Mercury Street contains approximately 1,045 square feet and has a new heating system, while 900 S Main offers three bedrooms, one and a half baths, original hardwood floors, and abundant living-room natural light. The properties are located in Butte, with public water and public sewer service. The record identifies a 1910 construction year and forced-air heating.

Key Highlights

  • Tenant‑occupied homes provide existing rental income
  • 855 Lewisohn Street includes approximately 1,725 square feet and under‑home storage with electricity
  • 34 E Center Street offers approximately 1,150 square feet above grade plus a 575‑square‑foot basement

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Auto Parts Store HVAC Service Grocery & Convenience Store Food Market Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

933
Businesses Nearby

Demographics for 59701, MT

33,937
Population
16,834
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
509.7 sq mi
ZIP Area
67
Density / Sq Mi
$56,799
Median Household Income
$34,793
Median Earnings
$811
Median Rent
$219,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Multifamily property - Tenant-occupied homes combine existing rental income with system upgrades and additional renovation potential.
Where is this multifamily property located?
The property is located at 366 E Mercury Butte, MT.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Tenant‑occupied homes provide existing rental income; 855 Lewisohn Street includes approximately 1,725 square feet and under‑home storage with electricity; 34 E Center Street offers approximately 1,150 square feet above grade plus a 575‑square‑foot basement
More about this property
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