$90,000
$95K PRICE DROP

513 Main St Rapelje, MT 59067

Estimated payment $588/month

Total Views 7,295
0.48 Acre
$186,722 Price per Acre
20,996 Sq Ft Lot

Highlights

  • No HOA
  • Walk-In Closet
  • Forced Air Heating System
  • Rapelje High School Rated 9+
  • Cooling System Mounted To A Wall/Window
  • Partially Carpeted

About This Lot

Affordable Investment Opportunity in Rapelje, MT - Six Township Lots with Income Potential

Nestled in the peaceful town of Rapelje, MT, this unique property spans six township lots and offers a rare blend of affordability, history, and potential. Located withing driving distance of the thriving Sibanye-Stillwater Mining operation, this property presents an ideal opportunity for those seeking affordable housing or an investment property with rental income potential.

The centerpiece of this offering is a well-maintained 3-bedroom, 2-bathroom mobile home, built in 1979. The home features a cozy gas fireplace, perfect for those chilly Montana evenings, a walk-in closet in the master for ample storage, and a recently installed hot water heater.

Listing Agent does have Lender Contact who has lent on similarly aged and multi-moved mobile homes previously. Please contact agent for more information about likely lender if Financing is needed.

With city water and a reliable septic system installed just 2 years ago, this property is ready for immediate occupancy. However, the true potential lies in the lots surrounding the existing home. The six township lots provide ample space for additional units, making this an ideal site for a multi-unit rental property. Whether you're looking to house workers from the nearby mining operation, school, ranches, or create a small community of affordable homes, the possibilities are there.

Adding to the property's unique charm and historical significance, you'll find the remnants of Rapelje's old bank vault, a resilient survivor of the fire that consumed the town's bank. This unique feature adds a touch of history to the property, making it truly one-of-a-kind.

Don’t miss out on this exceptional opportunity to own a piece of Rapelje’s history while maximizing the potential of these versatile township lots. Whether you're an investor, a first-time home-buyer, or someone looking for affordable housing close to your employer, this property has the flexibility you need and want to make it work.

Act now to secure this incredible investment opportunity in the heart of Montana- truly the Last Best Place!

Listing Agent

James Duncan

United Country Real Estate / Yellowstone Real Esta License #RBS-61125 Listed on: 08/28/2024

Property Details

Property Type

  • Land

Year Built

  • Built in 1979

Lot Details

  • 0.48 Acre Lot
  • Level Lot

Home Design

  • Metal Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • Gas Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0000160088

Property Details

Property Type

Land

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Manufactured On Land
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Partially Carpeted
  • Interior Amenities: Fireplace, Walk-In Closet(s)
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Living Area: 1064.0

Exterior Features

  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Metal Siding
  • Road Surface Type: Paved

Utilities

  • Security: Carbon Monoxide Detector(s), Heat Detector, Smoke Detector(s)
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.482
  • Lot Size Sq Ft: 20995.92
  • Possible Use: Commercial, Multi-Family, Residential
  • Topography: Level
  • Parcel #: 0000160088
  • Zoning Description: NONE - None/Unknown

Rental Info

  • Land Lease Amount: 1000.0
  • Lease Term: Month To Month
  • Total Actual Rent: 1000.0

Tax Info

  • Tax Annual Amount: 62.78
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Price Changed $90,000 -28.0% $85 / Sq Ft
03/28/2025 03/28/25 Price Changed $125,000 0.0% $117 / Sq Ft
01/13/2025 01/13/25 For Rent $850 0.0% --
12/26/2024 12/26/24 Off Market $850 -- --
11/21/2024 11/21/24 For Rent $850 0.0% --
08/28/2024 08/28/24 For Sale $185,000 -- $174 / Sq Ft
Source: Big Sky Country MLS

Source: Big Sky Country MLS

MLS Number: 394912

Big Sky Country MLS