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513 Main Street, 
Rapelje, MT 59067

$125,000


3

Beds


2

Baths


-

Sq Ft


0.48

Acres (Lot)


Land

Active

Listed by

James Duncan

United Country Real Estate / Yellowstone Real Esta

406-333-0139

Last updated:

May 7, 2025, 03:15 PM

MLS#

394912

Source:

MT BZM

About This Land

513 Main Street

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. 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!

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.48

MLS #:

394912

Last Updated:

May 7, 2025, 03:15 PM

Added:

9 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,064 Sq. Ft.


Structure

Structure

Building Area:

1,064 Sq. Ft.

Year Built:

1979


Finances & Disclosures

Finances

Price:

$125,000

Price per Sq. Ft:

$117 per Sq. Ft.

Source:MT BZM
The information being provided by Gallatin Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Gallatin Association of Realtors All rights reserved.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.