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616 S Colorado St, Butte, MT, 59701

1beds
1baths
576sqft
$224,000
$389price/sqft
$1,525/moest. monthly cost
$61,000/yrincome needed

About This Home

This one bedroom, one bathroom home has barely been lived in as it was newly constructed in 2021, only five years ago. It has been well taken care of, and is move in ready. The thoughtful layout for a smaller home makes it functional and comfortable at the same time. The large, fenced in yard is ideal for your pets. The back yard has alley access, and is complete with beautiful, maintenance free landscaping that is set up for grilling and entertaining on the soon to come summer nights. This home is an affordable opportunity for an investor at any rental length desired – short, mid, or long term. Or, it could be a cozy starter home for the buyer that wants to move in immediately. And, the furniture is negotiable!

Getting Around

81
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

6/10
West Elementary SchoolGrades PK-60.8 mi
4/10
East Middle SchoolGrades 7-81.9 mi
5/10
Butte High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 2021

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 576

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 576
  • Total interior livable area: 576 sqft

Property

Details

  • Parcel number: 0002011600
  • Zoning description: R3
  • Special condition: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 4,138 sqft

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Earthquake
    EarthquakeRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Earthquake
Lightning
Hail

FEMA Declared Disasters in Silver Bow County and Montana

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,132$13,584
Home Insurance $108$1,296
Property Taxes $134$1,608
Electricity $151$1,812
Total$1,525$18,300

Income You'd Need if You Spent...

35% on housing$52,285/yr
40% on housing$45,750/yr
45% on housing$40,666/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.9%
2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$389This listing

vs Other Active Listings

Avg $/sqft

ZIP 59701$165
Silver Bow County$163

vs Homes Sold Last Month

Median $/sqft

ZIP 59701$182
Silver Bow County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Listed for sale$239,000
2023-05-15Sold--
2023-03-30Pending sale$205,000
2022-12-29Price change$205,000
2022-11-30Price change$215,000
2022-11-08Listed for sale$225,000

For Sale by Agent

AgentNicholas Dodge
BrokerageEngel & Volkers - Butte

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