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Four-Unit 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 Market56

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

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 19 Last Checked: Aug 20 at 7:06PM
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.

This four-unit quadplex offers four two-bedroom homes, each with two and a half bathrooms and an attached one-car garage. The units are designed to back to the neighborhood trail system, and the property is fully leased. Built in 2021, the home is served by public water and public sewer. Heating is forced air with natural gas, and cooling varies by unit. In-unit appliances include dishwasher, range, and refrigerator. Parking is available with a garage option and assigned parking.

The complex is located in Belgrade, providing convenient access to schools, parks, shopping, dining, and other local amenities.

With all units leased and the current configuration supporting consistent residential use, the property is positioned for investors seeking a managed rental portfolio in a newer quadplex setting.

Key Highlights

  • Four units, each with two bedrooms and two and a half bathrooms
  • Attached one‑car garage with assigned parking
  • Units back to the neighborhood trail system

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 two-bedroom units in a 2021 quadplex, each with attached one-car garage and public utilities, fully leased.
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 units, each with two bedrooms and two and a half bathrooms; Attached one‑car garage with assigned parking; Units back to the neighborhood trail system
More about this property
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