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Multifamily Rental Portfolio

366 E Mercury, Butte, MT 59701

For Sale
$720,000

ResidentialIncome, Butte, MT

Property SizeContact for details
Days on Market83

Property Features for 366 E Mercury

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R2
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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 MT RRE-RBS-LIC-70752
Added: Aug 24 Changed: Sep 23 Last Checked: Nov 14 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.

Rey
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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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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
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Market

Average Price Trend$/SF for Multifamily properties in Butte, MT

$141 Jul
$107 Aug
$123 Sep
$142 Oct

Properties on Market for Multifamily properties in Butte

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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
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