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Newly Renovated Four-Unit Quadplex

315-321 N Washington, Butte, MT 59701

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New

For Sale

$725,000

MULTI_FAMILY - Butte, MT

HighLights

Annual gross rental income of $61,800 with a 6% cap rate
Two buildings with 4 total units; all units are currently rented
3‑unit two‑story brick building: two units have 3 bed/1.5 bath, and one unit has 2 bed/1 bath
Separate house unit: 2 bed/1 bath
Tenants pay electric and natural gas; public water and public sewer
All units include their own laundry and are equipped with appliances including washer/dryer, range, refrigerator, dishwasher

We can help!

Listing Contact

Gary Shea

For Sale

$725,000

MULTI_FAMILY - Butte, MT

Added:: Jun 16, 2026
Days on Market:: 5
Last Refresh:: Jun 20 at 4:06 am

Property Features for 315-321 N Washington

General Information

Property type: Residential Multi Family
Property subtype: Other
Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
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

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas
Water source: Public

Building Details

Year built: 1900
Floors in Building: 2
Number of units: 4

We can help!

Listing Contact

Gary Shea

Listing agent Gary Shea License #BRO-10976

Listing office Century 21 Shea Realty 1900 Harrison Ave, Butte, MT

Listing date Jun 16, 2026

MLS# 412317 Listing URL

HighLights

Annual gross rental income of $61,800 with a 6% cap rate
Two buildings with 4 total units; all units are currently rented
3‑unit two‑story brick building: two units have 3 bed/1.5 bath, and one unit has 2 bed/1 bath
Separate house unit: 2 bed/1 bath
Tenants pay electric and natural gas; public water and public sewer
All units include their own laundry and are equipped with appliances including washer/dryer, range, refrigerator, dishwasher

Overview

This two-building rental property totals four units and has been newly and extensively renovated, including the building systems and the interior and exterior improvements. The brick building includes three units, with two units offering 3 bedrooms and 1.5 bathrooms and a third unit offering 2 bedrooms and 1 bathroom. A separate house on the property provides the fourth unit with 2 bedrooms and 1 bathroom. All units are currently rented. Each unit has its own laundry, supporting day-to-day convenience for tenants.

Located at 315-321 N Washington in Butte, Montana, the property is described as being conveniently situated in Uptown Butte. Tenants pay electric and natural gas, which can simplify operating costs for the owner and help establish a more self-contained utility structure for each unit.

For buyers seeking a small, manageable income property, this four-unit configuration is designed around distinct unit layouts within the brick building plus a detached fourth unit. The combination of extensive renovation and in-unit laundry provides a practical, tenant-ready setup for long-term occupancy. With all units already rented, the property can offer a straightforward path for an owner-operator or an investor looking to acquire an operating multifamily asset in Butte.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

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Local Demand

City: Butte
County: Silver Bow
State: Montana
Longitude: -112.542493
Latitude: 46.015411

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For sale
Quadplexes
MT
Butte
59701
315-321 N Washington

What type of property is this?

Quadplex - Turn-key renovated four-unit rental property with in-unit laundry and tenant-paid electric and natural gas.

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: Annual gross rental income of $61,800 with a 6% cap rate; Two buildings with 4 total units; all units are currently rented; 3‑unit two‑story brick building: two units have 3 bed/1.5 bath, and one unit has 2 bed/1 bath

315-321 N Washington, Butte, MT 59701

MULTI_FAMILY - Butte, MT

Property Features for 315-321 N Washington

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant and Food Production Facility

Butte Mixed-Use Commercial Building

Uptown Butte Commercial Opportunity

Standalone Retail/Office Building

Butte Mixed-Use Redevelopment Opportunity

Two-Story Fitness Facility

Established Bakery-Cafe Franchise Opportunity

Revitalized Mixed-Use Gem in Butte

Uptown Butte Commercial Opportunity

Standalone Retail and Office Building

Rudolph Condo Commercial Space

Flexible Condo Commercial Space

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