53371 1st Avenue W, Charlo, MT

$597,000

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3,464

Square feet

0.32

Acres

About 53371 1st Avenue W

Investment Opportunity in Charlo! Rare chance to own four exceptionally well-maintained rental units - two duplexes, each on its own lot - for a total of four income-producing homes. All units feature 2 bdrms, open floorplans, in-unit washer/dryer, and attached single-car garages. The properties are surrounded by a beautiful lawn and mature trees for shade and privacy, with two units offering private back decks. A cornerstone of Charlo’s rental market, these units have always maintained full occupancy through word-of-mouth and long-term tenants. With current rents below market and demand for housing strong, there’s significant potential to increase returns. One unit has been fully renovated and is available for showings. Conveniently located within walking distance to all small-town amenities and the highly regarded Charlo K–12 school, this property offers exceptional flexibility - perfect for an owner-occupant or as a solid, stable investment along western Montana’s Hwy 93 corridor. Two units have 1 bath each; two units have 1.5 baths. Both duplexes have newer roofs. Two units are approximately 750 SF each; two units are approximately 952 SF each. Each unit has its own electric meter. Each unit has its own address: 38639 2nd St. West 53371 1st Ave. West 38627 2nd St. West 38621 2nd St. West

Features of 53371 1st Avenue W

MLS® # 30057577
Price $597,000
Square Footage 3,464
Acres 0.32
Year Built 1999
Type Residential Income
Sub-Type Quadruplex
Style Ranch
Status Active

Community Information

Address 53371 1st Avenue W
City Charlo
County Lake
State MT
Zip Code 59824

Amenities

Utilities Electricity Connected, Separate Meters, Fiber Optic Available
Parking Garage, Garage Door Opener
# of Garages 4
Garages Detached
View Mountain(s), Residential
Is Waterfront No
Has Pool No

Interior

Interior Features Main Level Primary, Open Floorplan
Appliances Dryer, Dishwasher, Range, Refrigerator, Washer
Heating Wall Furnace
Fireplace No
# of Stories 1
Stories One
Basement Crawl Space

Exterior

Exterior Features Rain Gutters
Roof Asphalt
Construction Wood Frame
Foundation Poured

Additional Information

Date Listed October 10th, 2025
Days on Market 7
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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