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616 Madison Street, 
Hamilton, MT 59840

$650,000


Bed


Bath


3,016

Sq Ft


Multi-Family

Active

Listed by

Jenifer Bain

Kim Williams

Theagency Missoula

406-493-6100

Last updated:

September 2, 2026, 02:22 PM

MLS#

30077335

Source:

MT NMAR

About This Home

616 Madison Street

Exceptional investment opportunity in the heart of Hamilton! This 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.

Home Facts

Multi-Family

Built in 1966

Price Summary

650,000

$215 per Sq. Ft.

MLS #:

30077335

Last Updated:

September 2, 2026, 02:22 PM

Added:

7 day(s) ago


Rooms & Interior

Interior

Living Area:

3,016 Sq. Ft.


Structure

Structure

Building Area:

3,016 Sq. Ft.

Year Built:

1966


Lot

Lot Size (Sq. Ft):

8,407


Finances & Disclosures

Finances

Price:

$650,000

Price per Sq. Ft:

$215 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.