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.
Listing Agent does have Lender Contact who has lent on similarly aged and multi-moved mobile homes previously. Please contact agent for more information about likely lender if Financing is needed.
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!
Lot/land
Price cut: $35K (6/27)
$90,000
513 Main St, Rapelje, MT 59067
3beds
--baths
0.48Acres
Unimproved Land
Built in 1979
0.48 Acres Lot
$-- Zestimate®
$85/sqft
$-- HOA
What's special
Versatile township lots
- 366 days
- on Zillow |
- 106 |
- 3 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 26, 2025 at 05:20pm
Listed by:
James Duncan 406-220-1149,
United Country Real Estate / Yellowstone Real Esta
Source: Big Sky Country MLS,MLS#: 394912Originating MLS: Big Sky Country MLS
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Full bathrooms: 2
Heating
- Forced Air, Propane
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Features
- Fireplace, Walk-In Closet(s)
- Flooring: Laminate, Partially Carpeted
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 1,064
- Total interior livable area: 1,064 sqft
- Finished area above ground: 0
Property
Features
- Waterfront features: None
Lot
- Size: 0.48 Acres
- Features: Level
- Topography: Level
Details
- Parcel number: 0000160088
- Zoning description: NONE - None/Unknown
- Special conditions: None
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Propane, Septic Available, Water Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Heat Detector, Smoke Detector(s)
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Rapelje
Financial & listing details
- Price per square foot: $85/sqft
- Annual tax amount: $62
- Date on market: 8/28/2024
- Cumulative days on market: 366 days
- Listing terms: Cash,Owner May Carry,3rd Party Financing
- Ownership: Full
- Lease term: Month To Month
- Total actual rent: 1000
- Road surface type: Paved
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