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Fourplex with Private In-Unit Laundry
For Sale
$679,000

616 Madison Street, Hamilton, MT 59840

ResidentialIncome, Hamilton, MT

Property SizeContact for details
Lot Size0.19 Acres
Days on Market53

Property Features for 616 Madison Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description 1
Rooms Laundry Room
Appliances Range, Refrigerator
Directions Corner of Madison and South 7th, Hamilton. Google/Apple maps will guide you there.
Standard status Active
APN 13146725423080000
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HAMILTON ORIGINAL TOWNSITES, S25, T06 N, R21 W, 8392 SQUARE FEET, LOTS 11 & 12 BLOCK 48 CS #752540-TR
Tax Annual Amount 3999
Legal Description HAMILTON ORIGINAL TOWNSITES, S25, T06 N, R21 W, 8392 SQUARE FEET, LOTS 11 & 12 BLOCK 48 CS #752540-TR

Utilities

Sewer type Public Sewer
Water source Public

Amenities

in-unit laundry

Building Details

Year built 1966
Number of units 4
Listing Agency: Glacier Sotheby's International Realty Missoula
Listed By: Jenifer Bain · License #RRE-RBS-LIC-99726
Added: Jun 29 Changed: Aug 20 Last Checked: Aug 20 at 10:06PM
MLS# 30073290

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 fully leased fourplex includes four well-maintained residential units, each configured as 2-bedroom, 1-bath living space. A key convenience is private laundry within each unit, along with a dedicated parking setup that includes one covered carport space and one additional uncovered space per unit. The property is sited on two city lots and includes an on-site laundry room, with in-unit appliances including a range and refrigerator.

The building is located at 616 Madison Street, Hamilton, MT, with connection to public water and public sewer. Built in 1966, the asset sits on a 0.193-acre lot footprint and is currently operating as a rental property.

Offered for sale as a fourplex, the property is positioned for investors seeking an income-producing multifamily asset with in-unit laundry and dedicated parking, while also maintaining a compact city-lot footprint for future consideration.

Key Highlights

  • Fully leased fourplex with four 2‑bedroom, 1‑bath units
  • Private in‑unit laundry for each unit
  • Dedicated parking: one covered carport space plus one uncovered space per unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Locksmith Catering Service Bakery Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,168
Businesses Nearby

Demographics for 59840, MT

14,466
Population
7,287
Households
2
Avg Household Size
51
Median Age
33%
College-Educated
93%
High-School Grad
537.4 sq mi
ZIP Area
27
Density / Sq Mi
$64,493
Median Household Income
$32,962
Median Earnings
$1,054
Median Rent
$398,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully leased fourplex offering four 2-bedroom, 1-bath units with private laundry and dedicated covered and uncovered parking.
Where is this quadplex located?
The property is located at 616 Madison Street Hamilton, MT.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Fully leased fourplex with four 2‑bedroom, 1‑bath units; Private in‑unit laundry for each unit; Dedicated parking: one covered carport space plus one uncovered space per unit
More about this property
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