Multifamily

Hot Springs, MT Multifamily Properties for Sale

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Missoula, MT Plains, MT Niarada, MT Marion, MT Elmo, MT Big Arm, MT Polson, MT Paradise, 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
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Updated 6-Unit Apartment Building
Updated: Sep 18
Updated 6-Unit Apartment Building

120 D Street, Hot Springs, MT 59845

$320,000
0.35 AC lot
6‑unit apartment building with six one‑bedroom, one‑bath residences
0.352‑acre parcel at 120 D Street, Hot Springs, MT 59845
Recent plumbing, electrical, paint, and interior updates
Private front porch provided with every apartment
Parking area accommodates at least one dedicated space per unit plus guest parking
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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.

Three-Bedroom Duplex Townhomes
Three-Bedroom Duplex Townhomes

6 A Avenue, Polson, MT 59860

$800,000
0.20 AC lot

Two adjacent residential units offer flexible owner-occupant or rental use with garages, finished lower levels, and lake-oriented views.

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River-Access RV Site
River-Access RV Site

9 Regatta Road Spc. 30, Polson, MT 59860

$220,000

Paved pull-through site with underground utilities and water and sewer connections.

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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.

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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

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

Estimated value: by Request
2,660 sqft 0.21 AC lot
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210 1st N Ave
MOBILE HOME PARK, TRAILER PARK

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

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

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

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

120 D St, Hot Springs, MT 59845

Estimated value: by Request
View details
401 Spg N St
MOBILE HOME PARK, TRAILER PARK

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

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

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

Estimated value: by Request
528 sqft 38.00 AC lot
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1896 Mt Hwy 28
MOBILE HOME PARK, TRAILER PARK

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

Estimated value: by Request
768 sqft 3.25 AC lot
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513 3rd N Ave
GARDEN APT, COURT APT (5+ UNITS)

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

Estimated value:
$575,000
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 $320,000, averaging $459,500, 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 2
Duplexes 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 $459.5K

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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