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Riley Ogden

riley.ogden@engelvoelkers.com +1(319) 430-6991

$ 975,000

Est. payment -/mo

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305 Boundary ST Sheridan, MT 59749

0.39 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 415306

Year Built 2005

Annual Tax Amount $3,656

Tax Year 2025

Lot Size 0.390 Acres

Acres 0.39

Property Sub-Type Multi Family

Property Description

A solid multi-unit investment opportunity in Sheridan, situated on 0.393± acres just two blocks from Main Street. This six-unit property includes a fourplex and duplex, offering a desirable mix of one- and two-bedroom residences with a long-standing history of consistent occupancy. The fourplex includes four 1-bedroom, 1-bath apartments, each with its own laundry area and designated storage. The duplex features two spacious 2-bedroom, 1-bath units, each with a laundry area and generously sized living spaces. Recent improvements further strengthen the property, including a new roof approximately three years ago, along with Trex decking, Diamond Kote siding and Milgard windows completed approximately one year ago. With six units in a convenient Sheridan location, an established rental history and substantial recent exterior improvements, this property offers an appealing opportunity for an investor looking to acquire or expand a multi-family portfolio in the Ruby Valley.

Location

State MT

County Madison

Area Madison/Beaverhead/Jefferson

Direction GPS will take you there. From S Main Street in Sheridan, turn southwest on W Crofoot. Turn right on Boundary Street and the property will be on the right.

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s)

Flooring Laminate, Partially Carpeted, Plank, Vinyl

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer, Washer

Exterior

Exterior Feature Gravel Driveway

Utilities Available Electricity Available, Fiber Optic Available, Natural Gas Available, Sewer Available, Water Available

View Y/N Yes

Water Access Desc Public

View Mountain(s), Valley

Roof Type Asphalt, Shingle

Street Surface Gravel

Porch Covered, Deck

Building

Lot Description Lawn

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Others

Tax ID 0007000755

Ownership Full

Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing

Listing Terms Cash, 1031 Exchange, 3rd Party Financing

Special Listing Condition None

Listed by Resolute Roots Realty

NEARBY SCHOOLS & PROPERTIES

Riley Ogden

Real Estate Advisor License ID: 108305

+1(319) 430-6991

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