616 Madison St Hamilton, MT 59840
Estimated payment $4,714/month
Highlights
- City View
- Level Lot
- Front Yard
- Forced Air Heating System
- Wood Siding
- 4-minute walk to Kiwanis Park
About This Home
Great investment opportunity! Presenting a multifamily quadruplex built in 1966, located in the heart of historic downtown Hamilton, Montana. This incredible property offers breathtaking views of both the Bitterroot and Sapphire Mountain ranges, blending natural beauty with urban convenience. Property Highlights: Prime location in downtown Hamilton, with easy access to dining, shopping, and outdoor recreational opportunities. Total of 3,016 sq. ft. across four units. Each unit features 2 bedrooms and 1 bathroom with approximately 754 sq. ft. of living space. Well maintained by Cardinal Property Management, a trusted name in Hamilton, Montana. Fully rented, making it an ideal income-generating property from day one. Whether you're looking to expand your investment portfolio or secure a prime rental property in a highly desirable location, this quadruplex with consistent income is a rare find. Buyers and Buyer's agents have an obligation to conduct due diligence and verify to their satisfaction, the information contained herein regarding this property. This information is provided by outside sources and deemed reliable but not guaranteed.
Listing Agent
Alpine Realty, Inc. License #RRE-RBS-LIC-99169 Listed on: 03/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,726
Year Built
- Built in 1966
Lot Details
- 8,392 Sq Ft Lot
- Level Lot
- Front Yard
Parking
- 4 Carport Spaces
Property Views
- City
- Mountain
Home Design
- Quadruplex
- Poured Concrete
- Wood Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 3,016 Sq Ft Home
- Property has 2 Levels
- Fire and Smoke Detector
- Oven or Range
Laundry
- Laundry in Bathroom
- Washer and Electric Dryer Hookup
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Separate Meters
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 13146725423080000
Community Details
Overview
- 4 Units
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,261 | $550,200 | $0 | $0 |
| 2023 | $4,859 | $593,041 | $0 | $0 |
| 2022 | $3,364 | $367,624 | $0 | $0 |
| 2021 | $3,560 | $367,624 | $0 | $0 |
| 2020 | $2,575 | $243,780 | $0 | $0 |
| 2019 | $2,583 | $243,780 | $0 | $0 |
| 2018 | $2,347 | $216,375 | $0 | $0 |
| 2017 | $2,053 | $216,375 | $0 | $0 |
| 2016 | $2,183 | $214,010 | $0 | $0 |
| 2015 | $2,154 | $214,010 | $0 | $0 |
| 2014 | $2,188 | $129,274 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | Price Changed | $780,000 | -10.5% | $259 / Sq Ft |
| 03/13/2025 03/13/25 | For Sale | $871,500 | +50.3% | $289 / Sq Ft |
| 10/19/2020 10/19/20 | Sold | -- | -- | -- |
| 08/28/2020 08/28/20 | For Sale | $580,000 | -- | $158 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | New Title Company Name | |
| Grant Deed | $725,000 | Other | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $580,000 | New Conventional |
Source: Montana Regional MLS
MLS Number: 30041663
APN: 13-1467-25-4-23-08-0000
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.