$629,000
SOLD FEB 12, 2026
Last list price

245 Marcus St Hamilton, MT 59840

-- Bed
-- Bath
2,626 Sq Ft
14,070 Sq Ft Lot

Recently Sold

$240 Per Sq Ft

11 Days on Market

Highlights

  • City View
  • Level Lot
  • Property has 1 Level
  • High Speed Internet
  • Wall Furnace

About This Home

As of February 2026

Solid Cap Rate! Positioned just minutes from the heart of downtown Hamilton, this well-maintained four-unit property offers a rare blend of location and reliable income. Tenants enjoy easy access to shops, restaurants, and schools—all within walking distance. Fully leased since early 2020, this property has proven to be a consistent performer. The building underwent a substantial renovation in 2011, including upgrades to the electrical, plumbing, insulation, kitchens, bathrooms, and fixtures. The stucco exterior (Drive-It system) and roofing were also replaced at that time. Each unit features individual 100-amp electric and gas meters, plus efficient on-demand hot water. Additional recent updates include new carpet and paint in Unit 101 and a resurfaced parking area with enhanced drainage (2020). An excellent opportunity for investors seeking a fully occupied, low-maintenance asset in one of Montana’s most desirable small towns.

Last Agent to Sell the Property

Cindi Hayne

Glacier Sotheby's International Realty Hamilton License #RRE-BRO-LIC-10649 Listed on: 01/01/2026

Glacier Sotheby's International Realty Hamilton

Last Buyer's Agent

Courtney Ferguson

Real Broker, LLC License #RRE-BRO-LIC-108835

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,896

Year Built

  • Built in 1942

Lot Details

  • 0.32 Acre Lot
  • Property fronts a county road
  • Level Lot

Property Views

  • City
  • Mountain

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 2,626 Sq Ft Home
  • Property has 1 Level
  • Oven or Range
  • Washer Hookup

Utilities

  • Wall Furnace
  • Separate Meters
  • Natural Gas Connected
  • Well
  • Septic Tank
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 13146830305430000

Community Details

Overview

  • 4 Units
  • P.O. Bo 1254 Condos

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,896

Year Built

Built in 1942

Lot Details

0.32 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1942
  • Directions: Highway 93 to Marcus Street. Corner of Marcus Street and Daly Avenue
  • Listing I D: 30063400
  • Horses: No
  • Lot Size Acres: 0.323
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Architectural Style: Ranch
  • Building Name: P.O. Bo 1254
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex
  • Property Sub Type Additional: Quadruplex,Multi Family
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Main Level Primary
  • Appliances: Range, Refrigerator
  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Exterior Feat.: See Remarks
  • Lot Features: Views, Level
  • Topography: Level
  • View: City, Mountain(s), Residential
  • View: Yes
  • Waterfront: No
  • Construction Type: Block, Wood Frame
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled, See Remarks

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, High Speed Internet Available, Separate Meters
  • Heating: Wall Furnace
  • Laundry Features: Washer Hookup, Other
  • Cooling: Other
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Call

Lot Info

  • Lot Size Sq Ft: 14069.88
  • Parcel #: 13146830305430000

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5896.05

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2026
Closed on
Feb 5, 2026
Sold by
Mcleod Property Ms Llc
Bought by
Borkholder Family Trust and Borkholder
Seller's Agent
Cindi Hayne
Glacier Sotheby's International Realty Hamilton
Buyer's Agent
Courtney Ferguson
Real Broker, LLC
List Price
$629,000
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.35%
Original Mortgage
$426,750
Outstanding Balance
$426,750
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$187,329

Purchase Details

Listed on
Dec 2, 2021
Closed on
May 23, 2022
Sold by
Brad Magruder
Bought by
Mcleod Property Ms Llc
Seller's Agent
Taylor Hanrahan
Saddleback Realty LLC
Buyer's Agent
Cindi Hayne
Glacier Sotheby's International Realty Hamilton
List Price
$629,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%

Purchase Details

Closed on
Apr 5, 2011
Bought by
Magruder Brad
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- New Title Company Name
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $426,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2026 02/12/26 Sold -- -- --
01/01/2026 01/01/26 For Sale $629,000 +14.4% $240 / Sq Ft
06/01/2022 06/01/22 Sold -- -- -- View Prior Sale
03/26/2022 03/26/22 Pending -- -- --
02/21/2022 02/21/22 Price Changed $550,000 -7.6% $256 / Sq Ft
12/15/2021 12/15/21 Price Changed $595,000 -5.4% $277 / Sq Ft
12/02/2021 12/02/21 For Sale $629,000 -- $293 / Sq Ft
Source: Montana Regional MLS

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
2025 $2,132 $581,300 $0 $0
2024 $2,660 $471,600 $0 $0
2023 $2,737 $471,600 $0 $0
2022 $1,228 $187,400 $0 $0
2021 $1,323 $187,400 $0 $0
2020 $1,405 $180,000 $0 $0
2019 $1,410 $180,000 $0 $0
2018 $1,184 $145,700 $0 $0
2017 $1,164 $145,700 $0 $0
2016 $1,063 $133,000 $0 $0
2015 $1,057 $133,000 $0 $0
2014 $1,215 $91,001 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 30063400

Montana Regional MLS

APN: 13-1468-30-3-05-43-0000

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