About This Home

This 0-bedroom, 0-bathroom residential multi family at 404 S Arlee Street in Hot Springs, MT is listed for $599,000. Built in 1997, on a 0.33 acres lot.

Key Features

  • Built in 1997
  • 0.33 acre lot
  • 2 stories

Property Details

2 stories
1997

Amenities

ViewA/C
Listing 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 c

abin 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.

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

Estimates only. Actual payments may vary.

Location

404 S Arlee Street

Hot Springs, MT 59845

Features & Amenities

Interior Features

VaultedCeilingsWalkInClosets

Exterior Features

FirePit

Property Details

Construction

WoodSiding WoodFrame

Views

Mountains

Heating

BaseboardElectric (Heating)

Cooling

Window Unit(s)

Appliances

DryerDishwasherMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 404 S Arlee Street is listed at $599,000. The estimated monthly payment is $3,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1997, 0.33 acre lot, 2 stories. Interior Features: VaultedCeilings, WalkInClosets. Exterior Features: FirePit.

This property is listed by Kara Chapman.

KC

Kara Chapman

License RRE-BRO-LIC-98774

Agent at Performance Real Estate, Inc

Listed by Performance Real Estate, Inc · Broker phone: (406) 559-2040 · View on Broker Site · Broker website

MLS# 30076355· Source: Montana Regional MLS· 82 days on PropertySimple

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.

404 S Arlee Street, Hot Springs, MT 59845

Open this listing in: