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    Hot Springs, MT Multifamily Properties for Sale

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    Lonepine, MT Missoula, MT Plains, MT Niarada, MT Marion, MT Elmo, MT Big Arm, MT Polson, MT
    Multifamily Property with Expansion Plans
    Updated: Aug 7
    Multifamily Property with Expansion Plans

    404 S Arlee Street, Hot Springs, MT 59845

    $599,000
    0.33 AC lot
    Five established rental units across a main home, cottage, cabin, and duplex
    Two‑story duplex completed in 2025 with two 3‑bedroom, 2‑bath units
    Additional duplex expansion has footings installed and a city‑approved variance
    Installed water, sewer, and electrical infrastructure supports planned expansion
    Main home includes vaulted ceilings and a 12x20 workshop
    View details
    Mobile Home Park With Rental Units
    Updated: Jul 17
    Mobile Home Park With Rental Units

    207, 209, 211, 211 1/2 A Street, Hot Springs, MT 59845

    $185,000
    0.40 AC lot
    Three mobile homes included
    Separate 1‑bedroom, 2‑bedroom, and 3‑bedroom units
    Partially remodeled garage converted into additional living quarters
    Corner parcel comprising five lots
    Multiple storage sheds and laundry room
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Hot Springs, MT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner RV Resort Lot with Outdoor Kitchen
    Corner RV Resort Lot with Outdoor Kitchen

    149-200 Irvine Flats Rd, Polson, MT 59860

    $250,000

    Corner RV lot with an outdoor kitchen and landscaped grounds.

    View details
    Pull-Through RV Lot at Wild Horse RV Resort
    Pull-Through RV Lot at Wild Horse RV Resort

    44975 Eagle Eye Loop lot: 23 & 24, Big Arm, MT 59910

    $180,000
    0.12 AC lot

    Residential-zoned RV lot with a gravel pad, community water and sewer, and 100-amp electrical for easy year-round hookup.

    View details
    RV Resort Lots with Lake Views
    RV Resort Lots with Lake Views

    44975 Eagle Eye Loop lot: 15-22, Big Arm, MT 59910

    $160,000
    0.10 AC lot

    Improved RV lots provide paved access, electrical service, privacy fencing, and options for approved accessory structures.

    View details
    Corner RV Resort Lot with Views
    Corner RV Resort Lot with Views

    200 Irvine Flats Road #149, 149, Polson, MT 59860

    $250,000

    Corner recreational vehicle lot with outdoor kitchen, landscaped grounds, and access to resort amenities including a pool and fitness center.

    View details

    Off-Market Properties in Hot Springs, MT

    Consider similar Off-Market properties in Hot Springs, MT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    201 2nd N Ave
    GARDEN APT, COURT APT (5+ UNITS)

    201 2nd N Ave, Hot Springs, MT 59845-1039

    Value Estimation by Request
    2,660 sqft 0.21 AC lot
    View details
    210 1st N Ave
    MOBILE HOME PARK, TRAILER PARK

    210 1st N Ave, Hot Springs, MT 59845-1015

    $360,000
    Estimated value
    0.37 AC lot
    View details
    2532 Mt Hwy 28
    MOBILE HOME PARK, TRAILER PARK

    2532 Mt Hwy 28, Hot Springs, MT 59845-9364

    $605,000
    Estimated value
    4,800 sqft 3.87 AC lot
    View details
    120 D St
    Multifamily properties

    120 D St, Hot Springs, MT 59845

    Value Estimation by Request
    View details
    401 Spg N St
    MOBILE HOME PARK, TRAILER PARK

    401 Spg N St, Hot Springs, MT 59845-9340

    $400,000
    Estimated value
    0.43 AC lot
    View details
    2003 Mt Hwy 28
    MOBILE HOME PARK, TRAILER PARK

    2003 Mt Hwy 28, Hot Springs, MT 59845-9320

    Value Estimation by Request
    528 sqft 38.00 AC lot
    View details
    1896 Mt Hwy 28
    MOBILE HOME PARK, TRAILER PARK

    1896 Mt Hwy 28, Hot Springs, MT 59845-9717

    Value Estimation by Request
    768 sqft 3.25 AC lot
    View details
    513 3rd N Ave
    GARDEN APT, COURT APT (5+ UNITS)

    513 3rd N Ave, Hot Springs, MT 59845-9374

    $575,000
    Estimated value
    14,080 sqft 1.00 AC lot
    View details

    Hot Springs, MT Multifamily Properties Market Trends and Statistics

    Explore 10 multifamily properties for sale in Hot Springs, MT on our real estate platform.

    Sale prices for multifamily properties in Hot Springs, MT start at $185,000, averaging $392,000, and reaching up to $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Duplexes 1
    Mobile home & RV parks 1

    Demographics Overview

    Population 1,302
    Population Growth (5Y) -27.6%
    Median Household Income $31,458
    College Educated 30.3%

    High-Yield Neighborhoods for Investment

    Identify Hot Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    59845 $417.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.46%
    Property Tax per SF $18.50 per SF
    Tax Rate vs County Average 0.29 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sanders County

    New Delisted

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