# 101 1st Avenue N, Hot Springs, MT 59845

> **TL;DR:** multi-family, $766,500, built 1920. Est. $3,322/mo. Listed 73 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $766,500 |
| Year Built | 1920 |
| Lot Size | 20,996 sqft (0.48 acres) |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 73 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,322 |
| **Total** | **$3,322** |

## Property Highlights

- Built in 1920
- 0.48 acre lot

## Description

### Agent Description
**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.

## Location

- **Address:** 101 1st Avenue N, Hot Springs, MT 59845
- **County:** Sanders
- **Coordinates:** 47.609634, -114.669257
- **Google Maps:** https://www.google.com/maps?q=47.609634,-114.669257

## Listing Agent

- **Name:** Peter Hagestad
- **Brokerage:** eXp Realty LLC - Missoula
- **Phone:** 4068805445
- **Email:** peter.hagestad@exprealty.com

## Primary Photo

![101 1st Avenue N - Primary Photo](http://lh.rdcpix.com/1305e7222126864441ec2d5bafd3f8a2l-f3647775830r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/101-1st-avenue-n-hot-springs-mt-59845-30067232)*

---

**MLS#:** 30067232 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/101-1st-avenue-n-hot-springs-mt-59845-30067232)

---

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