Multifamily Property With
New
For Sale
$650,000
404 S Arlee Street, Hot Springs, MT 59845
MULTI_FAMILY - Hot Springs, MT
Property SizeContact for details
Lot Size0.33 Acres
Days on Market5
Property Features for 404 S Arlee Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement, Laundry Room
Interior features
VaultedCeilings, WalkInClosets
Exterior features
FirePit
Appliances
Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Lot features
Wooded, Level
View
Mountains
Elementary school district
District No. 14-J
Middle school district
District No. 14-J
High school district
District No. 14-J
Directions
Going west on Broadway Street turn left onto Spring Street S, then right onto 2nd Avenue South. Turn left onto Arlee Street.
Standard status
Active
APN
35309604408050000
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PINEVILLE 2ND ADD-HOT SPRINGS, S04, T21 N, R24 W, BLOCK 36, Lot 3 - 4
Tax Annual Amount
2505
Legal Description
PINEVILLE 2ND ADD-HOT SPRINGS, S04, T21 N, R24 W, BLOCK 36, Lot 3 - 4
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1997
Floors in Building
2
Number of units
5
Building materials
WoodSiding, WoodFrame
Roof type
Metal
Listing Agency:
Performance Real Estate, Inc.
(406) 559-2040
Listed By:
Kara Chapman · License #RRE-BRO-LIC-98774
(406) 871-8647
Added: Aug 7
Changed: Aug 10
Last Checked: Aug 11 at 2:06AM
MLS# 30076355
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 multifamily property contains five established rental units across several residential improvements. The primary home offers 3 bedrooms and 2 baths, vaulted ceilings, and a 12x20 workshop. A studio cottage includes dedicated laundry, while a separate studio cabin features a loft. The two-story duplex was completed in 2025 and contains two 3-bedroom, 2-bath units with laundry hookups.
Expansion work is already in progress for an additional duplex. Footings are installed, a city-approved variance is in place, and water, sewer, and electrical infrastructure have been extended for the planned construction. The 0.326-acre property also includes public water, public sewer, metal roofing, wood siding, electric baseboard heating, and window-unit cooling.
Expansion work is already in progress for an additional duplex. Footings are installed, a city-approved variance is in place, and water, sewer, and electrical infrastructure have been extended for the planned construction. The 0.326-acre property also includes public water, public sewer, metal roofing, wood siding, electric baseboard heating, and window-unit cooling.
Key Highlights
- Five established rental units across a main home, two studios, and a duplex
- Newly completed two‑story duplex finished in 2025
- Duplex includes two 3‑bedroom, 2‑bath units with laundry hookups
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
128
Businesses Nearby
Explore this area
Business Placement
Demographics for 59845, MT
1,254
Population
717
Households
1.7
Avg Household Size
54
Median Age
20%
College-Educated
89%
High-School Grad
442.3 sq mi
ZIP Area
3
Density / Sq Mi
$31,458
Median Household Income
$20,987
Median Earnings
$639
Median Rent
$174,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Five established rental units include a main home, two separate studios, and a newly completed duplex with additional expansion planned.
Where is this multifamily property located?
The property is located at 404 S Arlee Street Hot Springs, MT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Five established rental units across a main home, two studios, and a duplex; Newly completed two‑story duplex finished in 2025; Duplex includes two 3‑bedroom, 2‑bath units with laundry hookups
