Estimated payment $8,269/month
Highlights
- Wood Flooring
- Covered Patio or Porch
- Central Air
- Ennis Elementary School Rated A-
- Laundry Room
- Garage
About This Home
Investor Alert: Rare New-Build Triplex in the Heart of Ennis, Montana – High-Demand Rental Market with Exceptional Features. This is a unique opportunity to own a newly constructed (2023) triplex in the fast-growing and highly desirable town of Ennis, Montana—just minutes from downtown and the world-renowned Madison River. With low inventory and high demand for quality rentals in the area, this turnkey investment is positioned to deliver strong, reliable cash flow from day one. Each of the three spacious units offers a 3-bedroom, 2.5-bathroom layout across two well-designed stories. Tenants enjoy open-concept living on the main floor—featuring a welcoming living room, modern kitchen, guest half-bath, and laundry—while all bedrooms and full baths are privately located upstairs. These units are among the largest available rentals in Ennis. What truly sets this property apart for investors is the rare combination of large garages and abundant off-street parking—a major draw for long-term tenants and outdoor enthusiasts with trucks, boats, trailers, or recreational gear. These features significantly boost rental appeal and allow you to command premium rental rates compared to standard multifamily properties. Additional high-value amenities include central A/C, fully sodded lawns, and an underground sprinkler system, making this a low-maintenance, high-performing asset. With Ennis growing in popularity among both locals and remote workers seeking small-town charm and big recreation, this property offers excellent long-term upside and immediate income potential. Whether you’re expanding your portfolio or entering a stable, high-demand market, this triplex checks every box for a smart investment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,484
Year Built
- Built in 2023
HOA Fees
- $13 Monthly HOA Fees
Parking
- Garage
Home Design
- Triplex
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
Kitchen
- Range
- Microwave
- Freezer
Flooring
- Wood
- Vinyl
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Air
- Heating Available
Additional Features
- Covered Patio or Porch
- 15,159 Sq Ft Lot
Community Details
- 3 Units
- North Forty Subdivision
Listing and Financial Details
- Assessor Parcel Number 0027023232
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | Price Changed | $1,475,000 | -7.8% | -- |
| 08/08/2025 08/08/25 | For Sale | $1,599,900 | -- | -- |
Source: Big Sky Country MLS
MLS Number: 404825
- 209 Pearl St
- Lots 2, 3, 4 and 6, Block 5 North Forty
- 70 Highway 287
- TBD Otis Ave
- 421 Otis Ave
- 420 Sage Ave Unit A
- 420 Sage Ave Unit B
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- 450 Loomis Way
- 450 Loomis Way Unit A
- 450 Loomis Way Unit C
- 450 Loomis Way Unit D
- 450 Loomis Way Unit B
- Lot 101 Madison Meadows Dr
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Ask me questions while you tour the home.