308 St. Mary's Avenue
Deer Lodge, MT 59722

3 Days on Market

INVESTOR & REDEVELOPMENT OPPORTUNITY IN DEER LODGE!

Bring your vision, construction experience, and imagination to this unique 4-plex with the potential to become a standout income-producing property in Deer Lodge. The building features four 1-bedroom, 1-bathroom efficiency-style units, each offering a kitchenette and cozy living space—an ideal layout for creating comfortable, functional rental units.

The property is ready for rehabilitation, making this an excellent opportunity for an investor, contractor, or savvy buyer looking to add value through thoughtful improvements. The classic brick façade on the front of the building provides character and a strong foundation for a refreshed exterior, while the stucco on the remaining three sides is ready for rehabilitation and a new look.

Imagine transforming this property into a beautifully updated collection of efficient rental units designed for today's renters. With the right vision, the possibilities extend beyond traditional long-term rentals. Depending on your goals and applicable local regulations, the units could offer potential for short-term, mid-term, or long-term rental strategies, creating flexibility for an investor seeking multiple income opportunities.

Deer Lodge continues to offer the appeal of Montana living, and properties that can provide additional rental housing are increasingly valuable. This is your opportunity to take an existing structure, breathe new life into it, and create something that serves both your investment goals and the local community.

This is not a turn-key property—it is an opportunity. If you have the construction knowledge, creativity, and vision to see what this building could become, ...

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Listing Courtesy of: Big Sky Brokers, LLC
Listing Agent: Dawn Marrie
406-439-8616

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Per Month
Principal and Interest
Property Taxes 175
HOA Fees 0
Homeowners Insurance 145
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The data on this website relating to real estate for sale comes in part from the IDX Program of the Montana Regional MLS.

All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.

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Montana Regional MLS data last updated on October 08, 2026 03:25 PM - MT.

Property Last Updated: October 08, 2026 03:25 PM - MT