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!
Property Details
Property Features
Property Information:
Year Built: 1979
Living Area: 1,064 SqFt
Listing Office:
Office Name: United Country Real Estate / Yellowstone Real Esta
Directions: Take exit 408 on I-90 to Columbus, MT. Head South on MT-78/N 9th St., turn right (west) on Old U.S.10 which becomes E Pike Ave. - continue until Right Turn (North) on Rapelje Rd./306. for 24miles
Price Information
Listing Price Info
Price Summary:
List Price: $185,000
Price Per SqFt: $174/SqFt
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MLS Details
MLS Information:
MLS Name: SWMT
MLS Number: #394912
Listing Office:
Office Name: United Country Real Estate / Yellowstone Real Esta
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
6
/10
Columbus Elementary School
218 E 1st Ave N
Distance between this listing and this school22.99 miles
Public District Grades PK-5
4
/10
Park City School
10 2nd Ave SW
Distance between this listing and this school28.81 miles
Public District Grades PK-6
Nearby Schools
9
/10
Broadview School
13935 1st St
Distance between this listing and this school20.29 miles
Public District Grades PK-8
5
/10
Columbus Middle School
415 N 3rd St
Distance between this listing and this school22.80 miles
Public District Grades 6-8
Nearby Schools
9
/10
Rapelje High School
714 Main St
Distance between this listing and this school0.21 miles
Public District Grades 9-12
9
/10
Broadview High School
13935 1st St
Distance between this listing and this school20.29 miles
Public District Grades 9-12
8
/10
Columbus High School
433 N 3rd St
Distance between this listing and this school22.76 miles
The neighbors living near this home have an average income of $46,082. The most common annual income of people living in Stillwater County, MT is between $35k-100k. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 513 Main St
What is the listing price of this property?
The listing price of 513 Main St property is $185,000.
What type of property is this?
The property 513 Main St is land located in Rapelje, Montana, 59067.
Is this property for sale now?
Active Listing: 513 Main St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 513 Main St in Rapelje, MT and zip code 59067. This 1,064 square foot home, which was built in 1979, sits on a 0.48 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $185,000.
In November 2024 more than 0 listings in Stillwater County, MT were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of listings in Stillwater County, MT decreased by 10% between October 2024 and November 2024. Listings spent 251 days on the market in November 2024, and had a median list price of $610,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.
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