New Listing
$2,030,000
 $10,897 est/mo Sourced by Back At You

721 / 735 Hobson,Butte, MT 59701

Butte, MT 59701

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Description

Unlock immediate, stable cash flow with this fully occupied 12-unit multi-family property situated in a desirable central location. Featuring 12 two-bedroom, one-bathroom floor plans, this property consistently attracts long-term tenants and provides for minimal vacancy. Residents enjoy the everyday convenience of dedicated covered parking and proximity to local shopping, dining, and recreational opportunities. What makes this investment stand out is its built-in dual revenue stream. Alongside the 12 residential apartments, the property features 30 on-site storage units, creating additional steady income. This investment is being offered at a 7% cap rate and is arguably the best investment property currently offered in SW Montana.

Details

MLS #414240
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1996
Days On Site2
Listing Provided ByMcLeod Real Estate Group, LLC | Mike McLeod

Features

Story(s)2
Units12
ZoningR3

Parking

Parking FeaturesCovered

Taxes

Tax Annual Amount12045

Area Information

StateMT
CountySilver Bow
CityButte
Zip Code59701
AreaButte and Surrounding Areas
Subarea10BW Butte W of Harrison to 4 Mi V
Listing VS Median (in 59701)
Price:
$2,030,000
low | high
Med:
$315,000
100% of Average
On site:
2
low | high
Med:
87
2.298850574713% of Average
Sourced by Back At You

Market Activity 59701

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Additional Information


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All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS. 

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Learn More About This Property

StateMT
CountySilver Bow
CityButte
Zip Code59701
AreaButte and Surrounding Areas
Subarea10BW Butte W of Harrison to 4 Mi V
Listing VS Median (in 59701)
Price:
$2,030,000
low | high
Med:
$315,000
100% of Average
On site:
2
low | high
Med:
87
2.298850574713% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.522M - $2.537M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
2943 Nevada Property Photo 1
$209,000
2943 Nevada
Butte, MT 5901
2943 Nevada Avenue Property Photo 1
$209,000
2943 Nevada Avenue
Butte, MT 59701
Listing Updated: August 23, 2026 at 8:18:40 AM PDT