$679,000
$80K PRICE DROP

Estimated payment $4,033/month

Total Views 1,082
-- Bed
-- Bath
3,016 Sq Ft
$225 Price per Sq Ft

About This Home

Exceptional investment opportunity in the heart of Hamilton! This fully leased fourplex at 616 Madison Street and 320 7th Street offers immediate rental income with four well-maintained 2-bedroom, 1-bath units in one of the Bitterroot Valley's most desirable locations. Each unit features its own private laundry, providing added convenience and appeal for tenants, along with dedicated parking that includes one covered carport space and one additional uncovered space. Situated on two city lots, this property stands out as a rare investment opportunity. The generous land footprint provides flexibility for future enhancements or long-term appreciation. With strong current cash flow and room for future value creation, this is an ideal opportunity for investors seeking portfolio growth, a 1031 exchange property, or a well-positioned asset in the heart of Hamilton. Ideally situated within walking distance of downtown Hamilton's shops, restaurants, parks, and the popular seasonal farmers market, tenants enjoy convenient access to everything the community has to offer. Opportunities like this—with stable income, prime location, private in-unit laundry, and development potential—are increasingly hard to find.

Listing Agent

Jenifer Bain

Glacier Sotheby's International Realty Missoula License #RRE-RBS-LIC-99726 Listed on: 06/29/2026

Glacier Sotheby's International Realty Missoula

Co-Listing Agent

Kim Williams

Glacier Sotheby's International Realty Missoula License #RRE-RBS-LIC-44952

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,999

Year Built

  • Built in 1966

Parking

  • 4 Carport Spaces

Home Design

  • 3,016 Sq Ft Home
  • Quadruplex

Laundry

  • Laundry in Bathroom
  • Washer Hookup

Utilities

  • Separate Meters
  • Phone Available

Additional Features

  • Oven or Range
  • 8,407 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 13146725423080000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,999

Year Built

Built in 1966

Lot Details

8,407 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1966
  • Directions: Corner of Madison and South 7th, Hamilton. Google/Apple maps will guide you there.
  • Listing I D: 30073290
  • Lot Size Acres: 0.193
  • Co List Office Phone: 406-541-7020
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Property Sub Type Additional: Quadruplex,Multi Family
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Foundation Details: Other

Garage/Parking

  • Carport Spaces: 4.0

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Separate Meters
  • Laundry Features: Washer Hookup, In Bathroom
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8407.0
  • Parcel #: 13146725423080000
  • Zoning Description: 1

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3998.99

Multi Family

  • Number Of Units Total: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,341 $639,200 $0 $0
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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2026 07/20/26 Price Changed $679,000 -8.1% $225 / Sq Ft
07/15/2026 07/15/26 Price Changed $739,000 -2.6% $245 / Sq Ft
06/29/2026 06/29/26 For Sale $759,000 +30.9% $252 / Sq Ft
10/19/2020 10/19/20 Sold -- -- -- View Prior Sale
08/28/2020 08/28/20 For Sale $580,000 -- $158 / Sq Ft
Source: Montana Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- New Title Company Name
Grant Deed $725,000 Other
Deed -- --
Source: Public Records

Source: Montana Regional MLS

MLS Number: 30073290

Montana Regional MLS

APN: 13-1467-25-4-23-08-0000

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