101 1st Avenue N, Hot Springs, MT 59845
$766,500
Bathrooms:
Number of Units:
Type: Multi-Unit Residential
Listing #30067232
Request Information
**Rare Multi-Unit Income Property -- 101 1st Ave. N., Hot Springs, MT 59845** Unlock cash flow with this unique multi-building investment at 101 1st Ave. N. in serene Hot Springs, Montana. On a spacious 0.48-acre lot, the property features **5 buildings** generating rental income: - Five-plex apartment building (5 units) - Duplex (2 units) - Three standalone homes: * 2 bed / 1 bath * 1 bed / 1 bath with garage * 3 bed / 1 bath Built in 1920 with classic charm, this Property offers multiple revenue streams, shared maintenance efficiencies, and strong rental demand from locals, retirees, and seasonal visitors drawn to Hot Springs' mineral pools and relaxed mountain vibe. Ideal for investors Ample lot space allows for landscaping, parking, or future enhancements. **Key Details:** - Address: 101 1st Ave. N., Hot Springs, MT 59845 - Lot: 0.48 acres - Buildings: 5 total - Unit mix: 7 apartments/units + 3 single-family homes - Year: 1920 More information coming.
Property Features
County: Lake
Latitude: 47.609634
Longitude: -114.669257
Directions: Driving into Hot Springs on Broadway, Turn right on Spring Street N. then left on 1st Ave. Property is on the left.
Has Basement: No
Style: Other
Foundation: Block, Poured, Slab, Stone
Garage Spaces: 1
Lot Features: Level
Topography: Level
Lot Size in Acres: 0.482
Lot Size in Sq. Ft.: 20,995
Building Total Area (Sq. Ft.): 7,856
View Description: Residential, Creek/Stream, Trees/Woods
Property Type: RI
Property SubType: Apartment
Year Built: 1920
Status: Active
Tax Year: 2026
Tax Amount: $5,727.82
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
Seller's Representative: Peter Hagestad, eXp Realty LLC - Missoula
Copyright 2020 Montana Regional MLS. All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the Montana Regional MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the Montana Regional MLS.
Montana Regional data last updated at April 28, 2026, 2:07 PM MT
Real Estate IDX Powered by iHomefinder