Renovated Two-Building
For Sale
$725,000
315-321 N Washington, Butte, MT 59701
ResidentialIncome, Butte, MT
Property SizeContact for details
Days on Market104
Property Features for 315-321 N Washington
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
RMF
Appliances
Dryer, Dishwasher, Range, Refrigerator, Washer
Directions
See address
Subdivision
10BWM - Butte - West of Montana
Standard status
Active
APN
0000865800
Taxes and HOA fees
Tax Year
2025
Tax Description
BUTTE TOWNSITE, S13, T03 N, R08 W, BLOCK 7, LOT 1, S 33 1/3 OF LTS 1-3
Tax Annual Amount
4331
Legal Description
BUTTE TOWNSITE, S13, T03 N, R08 W, BLOCK 7, LOT 1, S 33 1/3 OF LTS 1-3
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Amenities
in-unit laundry
Building Details
Year built
1900
Floors in Building
2
Number of units
4
Listing Agency:
Century 21 Shea Realty · Century 21 Real Estate
(406) 723-5455
Listed By:
Gary Shea · License #BRO-10976
(406) 490-7432
Added: Jun 16
Changed: Aug 27
Last Checked: Sep 27 at 1:06PM
MLS# 412317
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 renovated quadplex comprises two separate buildings: a two-story brick structure containing three residences and a standalone house with the fourth. The brick building includes two three-bedroom, one-and-a-half-bath units and one two-bedroom, one-bath unit; the house offers another two-bedroom, one-bath residence. All four units are currently rented. The property retains distinctive architectural elements, and the renovation included the building systems. Individual laundry facilities serve each residence, while appliances include washers, dryers, dishwashers, ranges, and refrigerators.
Located at 315-321 N Washington in Uptown Butte, the property uses public water and public sewer. Natural gas provides heating, and residents pay their own electric and natural gas service. The offering reflects a 6% cap rate and a 1900 construction date.
Located at 315-321 N Washington in Uptown Butte, the property uses public water and public sewer. Natural gas provides heating, and residents pay their own electric and natural gas service. The offering reflects a 6% cap rate and a 1900 construction date.
Key Highlights
- Four total units across a two‑story brick building and a separate house
- All units currently rented; cap rate is 6%
- Unit mix includes two 3‑bedroom/1.5‑bath residences and two 2‑bedroom/1‑bath residences
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,270
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes private laundry, with tenants responsible for electric and natural gas service.
Where is this quadplex located?
The property is located at 315-321 N Washington Butte, MT.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Four total units across a two‑story brick building and a separate house; All units currently rented; cap rate is 6%; Unit mix includes two 3‑bedroom/1.5‑bath residences and two 2‑bedroom/1‑bath residences
