404 S Arlee Street, Hot Springs, MT 59845
$650,000
Bathrooms:
Number of Units:
Type:
Multi-Unit Residential
Listing #30076355
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This unique multi-unit property in Hot Springs offers five established rental units with the opportunity to expand to seven, making it an excellent investment for buyers looking to grow their portfolio. The property includes a 3-bedroom, 2-bath main home with vaulted ceilings and a 12x20 workshop, a studio cottage with dedicated laundry, a studio cabin with a loft, and a newly built two-story duplex, completed in 2025, featuring two 3-bedroom, 2-bath units, each with laundry hookups. The expansion opportunity is already underway with footings in place for an additional duplex, a city-approved variance to complete the project, and water, sewer, and electrical infrastructure already installed. This allows the next owner to add two more rental units while saving significant time and development costs. The groundwork has already been done, creating a rare opportunity to expand an already income-producing property.
Property Features
County:
Sanders
Latitude:
47.60564207
Longitude:
-114.66954837
Directions:
Going west on Broadway Street turn left onto Spring Street S, then right onto 2nd Avenue South. Turn left onto Arlee Street.
Interior:
Vaulted Ceiling(s), Walk-In Closet(s)
Heating:
Baseboard, Electric, Wall Furnace
Cooling:
Window Unit(s)
Appliances:
Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Basement Description:
Crawl Space
Has Basement:
Yes
Levels:
One and One Half, One, Two
Construction:
Wood Siding, Wood Frame
Exterior:
Fire Pit
Foundation:
Poured
Water Source:
Public
Septic or Sewer:
Public Sewer
Utilities:
Electricity Connected, High Speed Internet Available, Phone Available
Security Features:
Smoke Detector(s)
Garage Spaces:
0
Lot Features:
Wooded, Level
Topography:
Level
Lot Size in Acres:
0.326
Lot Size in Sq. Ft.:
14,200
Road Description:
City Street, Asphalt, Unimproved
View Description:
Mountain(s), Trees/Woods
High School District:
District No. 14-J
Property Type:
RI
Year Built:
1997
Status:
Active
Tax Year:
2025
Tax Amount:
$2,504.79
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
Seller's Representative: Kara Chapman, Performance Real Estate, Inc.
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 August 23, 2026, 10:30 PM MT
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