Photos
$275,000
MLS: 25008-005108
8120. SqFt
1,728 SqFt
2 beds
2.0 baths
Two Homes on One Parcel – Updated Primary Residence + Secondary Rental Opportunity
Situated on a 58' x 140' lot shaded by mature trees, this unique Malta property offers two separate homes included in the sale. The primary residence is accessed from the street, while the secondary residence sits toward the back of the lot with alley access, giving each home its own sense of privacy. Both houses feature low-maintenance vinyl siding and durable asphalt roofs, with the primary home also offering an attached garage and covered patio. Together, they create an opportunity for guest accommodations, a workspace at home but away from home, or investment income all on one parcel.
Primary Residence – Spacious 2-Bedroom Home with Bonus Rooms & Attached Garage
Built in 1959, the main residence offers 1,728± sq ft of living space, including 864± sq ft on the main floor and 864± sq ft in the partially finished basement. With 2 bedrooms, 2 bathrooms, and two bonus rooms, this home provides plenty of flexible living options for bedrooms, a home office, or hobby space.
Numerous updates have been completed in recent years, including fresh interior paint on both levels (2025), new flooring throughout the main floor and stairway (laminate, linoleum, and carpet – all in 2025), and a new roof in the summer of 2025. The kitchen was updated with new countertops, a dishwasher, and a range, while both bathrooms feature new linoleum flooring and new showers. The basement bathroom also has a new vanity. A new sewer line and lift station were installed in 2023, and a new water heater in November of 2020.
Convenient main-floor living is enhanced by a stackable washer and dryer combo located in the main-floor bathroom. Heating is provided by a boiler system. An attached 364± sq ft garage provides secure parking and storage, with direct access to a 180± sq ft covered concrete patio that is perfect for outdoor relaxation or entertaining.
Secondary Residence – Charming 2-Bedroom Home with Modern Updates
The secondary home, built in 1921, provides 598± sq ft of finished living space with 2 bedrooms and 1 bathroom. Ideal as a rental, guest house, or home office, this residence has also received numerous recent updates. Improvements in recent years include new interior paint, updated flooring, and remodeled kitchen and bathroom spaces.
A laundry closet is included for washer and dryer hookups (appliances not included). The home is heated with a forced-air furnace located in the crawl space. While there is no garage, a concrete slab behind the house provides convenient off-street parking.
Outdoor Space & Location
The property offers both shared and private outdoor amenities. Mature shade trees provide comfort and character, while the primary home enjoys a covered patio and the secondary home benefits from alley access and private parking.
Versatile Ownership Opportunities
This rare two-home property offers exceptional flexibility. The secondary home currently has a reliable long-term tenant in place, providing an immediate income stream that can help offset a mortgage or operating costs. For those not seeking rental income, the second home could also serve as a dedicated office for remote work, a guest house, or a private space for friends or family all while keeping it separate from the main residence.
This property is currently rented to reliable tenants, making it an excellent option for those looking to purchase an income-producing property. Whether you're seeking a turnkey rental or envisioning making it your own future home, this residence offers flexibility for a variety of buyers. To respect the tenants' privacy, showings will require appropriate notice and will be offered to qualified buyers with a current pre-approval letter.
Centrally Located in Great Neighborhood
This property is in a well-kept neighborhood within a one to six-block radius
of the Phillips County Library, Downtown Commercial District, Malta Elementary
School, Old Gym, Mustang & M-ette Football/Track Field, Murray Field, the
Malta Cemetery, the Dodson South Canal, Riverview Park, and the Hillcrest Park
and Skatepark, all great areas for walking, running, biking, shopping, dining,
or enjoying community/school events. The current owner did a great job
renovating and maintaining this property and it is ready for its new owner!
Call us today to schedule a private showing of this beautiful move-in
ready home! Interactive Map and Virtual Tour available upon request.
Primary Residence – 216 S 8th St E, Malta, MT
Average utilities for the last 12 months were NWE: $85.30/month, MDU: $45.00/month,
City of Malta – Garbage, Sewer, and Water: $93.50/month.
Primary Residence – 216 ½ S 8th St E, Malta, MT
Average utilities for the last 12 months were NWE: $85.30/month, MDU: $45.00/month,
City of Malta – Garbage, Sewer, and Water: $80.88/month.
2025 Taxes were $2,062.18 (Total for both properties)