32Photos

Let me show you this listing!

Investor Alert: Rare New-Build Triplex in the Heart of Ennis, Montana – High-Demand Rental Market with Exceptional Features. This is a unique opportunity to own a newly constructed (2023) triplex in the fast-growing and highly desirable town of Ennis, Montana—just minutes from downtown and the world-renowned Madison River. With low inventory and high demand for quality rentals in the area, this turnkey investment is positioned to deliver strong, reliable cash flow from day one. Each of the three spacious units offers a 3-bedroom, 2.5-bathroom layout across two well-designed stories. Tenants enjoy open-concept living on the main floor—featuring a welcoming living room, modern kitchen, guest half-bath, and laundry—while all bedrooms and full baths are privately located upstairs. These units are among the largest available rentals in Ennis. What truly sets this property apart for investors is the rare combination of large garages and abundant off-street parking—a major draw for long-term tenants and outdoor enthusiasts with trucks, boats, trailers, or recreational gear. These features significantly boost rental appeal and allow you to command premium rental rates compared to standard multifamily properties. Additional high-value amenities include central A/C, fully sodded lawns, and an underground sprinkler system, making this a low-maintenance, high-performing asset. With Ennis growing in popularity among both locals and remote workers seeking small-town charm and big recreation, this property offers excellent long-term upside and immediate income potential. Whether you’re expanding your portfolio or entering a stable, high-demand market, this triplex checks every box for a smart investment.

• Acres
  0.348
• Days on Market
  20

Additional Features

• Appliances
  Freezer, Microwave, Range, Refrigerator, Dryer, Washer
• Association Fee
  150
• Association Fee Frequency
  Annually
• Association
  Yes
• City
  Ennis
• Co List Agent Direct Phone
  406-431-1825
• Co List Agent Email
  sam.spencer@bhhsmt.com
• Co List Agent Full Name
  Samuel Spencer
• Co List Office Name
  Berkshire Hathaway - Bozeman
• Contract Status Change Date
  2025-08-08
• Cooling
  Central Air
• Cooling
  Yes
• Cumulative Days On Market
  12
• Directions
  Driving South on 287 towards Ennis, Take a Right on Hutchins, Left on Otis Ave, Right on Vujo, Triplex is on your Right.
• Documents Count
  3
• Flooring
  Plank, Vinyl
• Garage
  Yes
• Heating
  Electric
• Heating
  Yes
• Latitude
  45.354554
• Levels
  Two
• Listing Contract Date
  20
• Listing Key
  1126002293
• List Price
  1599900
• Longitude
  -111.735148
• Lot Size Acres
  0.348
• Lot Size Square Feet
  15159
• MLS Area Major
  Madison/ Beaverhead/ Jefferson
• MLS Area Minor
  7 M - Madison County
• Original List Price
  1599900
• Originating System Name
  S W M T
• Parcel Number
  0027023232
• Parking Features
  Garage
• Patio And Porch Features
  Covered, Porch
• Photos Count
  32
• Postal Code
  59729
• Property Sub Type
  Triplex
• Property Type
  Residential Income
• Roof
  Asphalt, Shingle
• Security Features
  Heat Detector, Smoke Detectors
• Standard Status
  Active
• Stories
  2
• Subdivision Name
  North Forty
• Tax Annual Amount
  6256
• Tax Legal Description
  NORTH FORTY SUB, S33, T05 S, R01 W, BLOCK 6, LOT 1, 15177 SQUARE FEET, TOWN PLAT 2/381
• Tax Year
  2024
• Unparsed Address
  302 Vujo
• Utilities
  Electricity Available
• Year Built
  2023

Let me show you this listing!