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Leased Fourplex with Private Laundry

616 Madison Street Hamilton, MT 59840

616 Madison Street, Hamilton, MT, 59840
$739,000
For Sale
Claim this Listing
$739,000

MULTI_FAMILY - Hamilton, MT

Lot Size0.19 Acres
AddedJun 29
Days on Market18
Last RefreshJul 16 at 4:06 am

Property Features for 616 Madison Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Laundry Room
Appliances
Range, Refrigerator
Standard status
Active
APN
13146725423080000
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
HAMILTON ORIGINAL TOWNSITES, S25, T06 N, R21 W, 8392 SQUARE FEET, LOTS 11 & 12 BLOCK 48 CS #752540-TR
Tax Annual Amount
3999

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1966
Number of units
4

Listing agent Jenifer Bain License #RRE-RBS-LIC-99726

Listing office Glacier Sotheby's International Realty Missoula 434 N Higgins Ave, Whtiefish, MT

Listing date Jun 29, 2026

MLS# 30073290 Listing URL

Copyright © 2026 Montana Regional 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 fully leased fourplex consists of four well-maintained 2-bedroom, 1-bath units. Each unit includes its own private laundry, a practical amenity for resident convenience. The property is configured with dedicated parking, including one covered carport space and one additional uncovered space. The fourplex is situated on two city lots, offering a manageable footprint with room to consider future enhancements.

The property is located at 616 Madison Street and 320 7th Street in Hamilton, Montana, within walking distance of downtown Hamilton’s shops, restaurants, parks, and the popular seasonal farmers market. Access is straightforward given its location in the Hamilton area.

For investors or buyers seeking a residential income property, this asset offers the advantage of being fully leased with four separate units and in-unit laundry. The mix of 2-bedroom layouts can appeal to a broad range of tenants looking for functional, self-contained living space. With two city lots, the site may also support future property improvements or reconfiguration within the existing footprint. The offering is also described as suitable for a 1031 exchange strategy, based on the seller’s positioning.

Key Highlights

  • Fully leased fourplex at 616 Madison Street and 320 7th Street in Hamilton.
  • Four units, each with 2 bedrooms and 1 bathroom.
  • Each unit has its own private laundry.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Parking Lot & Garage Grocery & Convenience Store Locksmith Catering Service Bakery Veterinary Clinic (Bike/Boat/Book/etc) Store Computer & Electronic Repair Auto Parts Store Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fully leased four-unit property with in-unit laundry and dedicated parking across two city lots in Hamilton.
Where is this quadplex located?
The property is located at 616 Madison Street Hamilton, MT.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Fully leased fourplex at 616 Madison Street and 320 7th Street in Hamilton.; Four units, each with 2 bedrooms and 1 bathroom.; Each unit has its own private laundry.
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