MultiChain itself cannot be used as an SPV node. However you can use a bitcoin-compatible SPV wallet with a MultiChain network, so long as you make some adjustments. See this link to get started:
http://www.multichain.com/developers/peer-handshaking/#bitcoin
But don't change the protocol-version as suggested – instead, make sure the SPV code does not choke on the protocol version that is sent over the wire by MultiChain.
The addressing itself is easily solved, since a MultiChain chain can be configured to use bitcoin-compatible addresses via its parameters.