$650,000
 $3,489 est/mo Sourced by Back At You

404 S Arlee Street,Hot Springs, MT 59845

Hot Springs, MT 59845

Share:

PreviousNext

Description

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.

Details

MLS #30076355
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1997
Days On Site18
Listing Provided ByPerformance Real Estate, Inc. | Kara Chapman

Features

BasementY
Units5
Acreage0.33
Property ViewYes

Exterior

Lot FeaturesWooded, Level

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount2504.79

Area Information

StateMT
CountySanders
CityHot Springs
Zip Code59845
Listing VS Median (in 59845)
Price:
$650,000
low | high
Med:
$447,000
81.230769230769% of Average
On site:
18
low | high
Med:
272.5
6.605504587156% of Average
Sourced by Back At You

Request a showing

Request a showing

Contact


Additional Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Distinctive Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by Montana Regional MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Montana Regional MLS. All Rights Reserved.

Contact

Learn More About This Property

StateMT
CountySanders
CityHot Springs
Zip Code59845
Listing VS Median (in 59845)
Price:
$650,000
low | high
Med:
$447,000
81.230769230769% of Average
On site:
18
low | high
Med:
272.5
6.605504587156% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $487K - $812K
sqft: 0 - 0
Listing Updated: August 7, 2026 at 2:41:03 PM PDT