Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    118 E Lincoln Blvd Libby, MT 59923

    View on Map
    Sponsored
    For Sale
    $545,000

    MULTI_FAMILY - Libby, MT

    Lot size:
    0.15 Acres
    Days on Market:
    116
    Last Refresh:
    Mar 6 at 12:06 am

    Property Features for 118 E Lincoln Blvd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Laundry Room, Basement
    APN
    56417503344010000
    Interior features
    MainLevelPrimary, OpenFloorplan, WalkInClosets
    Appliances
    Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
    Lot size
    0.15 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Wood Stove, Wood, Heat Pump (Heating), Baseboard
    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Building materials
    WoodSiding, WoodFrame

    We can help!

    Listing Contact
    Sharron Sverdrup
    Sharron Sverdrup

    Kootenai River Realty (406) 293-1150

    Listing agent Sharron Sverdrup (406) 293-1150 License #RRE-BRO-LIC-14036

    Listing date Nov 11, 2025

    MLS# 30054943

    Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Craftsman Home with Guest Quarters

    This craftsman-style home offers separate guest quarters, presenting a rental opportunity. The remodeled home features modern amenities and unique architecture. A new privacy fence surrounds the property, which includes a front porch. Inside, wood beams and a wood fireplace add warmth, complemented by new ductless heat pumps. The living room features 10' ceilings and new double-pane windows. Designer chandeliers and light fixtures enhance each room. Hardwood floors lead to a renovated kitchen with high-end cabinetry, pull-out drawers, stainless steel appliances, backsplash, and quartz countertops. The main bath includes a clawfoot tub, and there is an additional renovated 3/4 bath for a master suite. Upstairs, two bedrooms provide space to unwind. The separate 2-bedroom, 1-bath guest quarters has been fully remodeled and features an open floor plan, recessed lighting, walk-in closets, and an attractive kitchen. Located in downtown Libby, Montana, the property is within walking distance of amenities and local festivities. The lot size is 0.147 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Libby
    County
    Lincoln
    State
    Montana
    Longitude
    -115.5521055
    Latitude
    48.38951528

    Nearby Similar for Sale

    • $460,000
      2,416 SF

      Highly Visible Business Location in Libby

      Remodeled commercial building with drive-up window and high visibility.
      906 Montana Ave, Libby, MT 59923
      View Details
    • $565,000
      7,200 SF

      Downtown Libby Retail Opportunity

      7,200 sq ft commercial building in downtown Libby, Montana.
      520 Mineral Ave, Libby, MT 59923
      View Details
    • $895,000
      0.27 Acres

      Libby, MT Income Property

      Well-maintained apartments in a prime commercial location with income potential.
      505 E 10Th St, Libby, MT 59923
      View Details
    • $500,000
      160.00 Acres

      Secluded 160-Acre Montana Tree Farm

      Large, secluded 160-acre property near Libby, Montana.
      Cos 7439, Libby, MT 59917
      View Details
    • $300,000
      1,632 SF

      Libby Commercial Building - Great Potential

      1632 sq ft, corner lot, versatile zoning.
      206 6Th St, Libby, MT 59923
      View Details
    • $749,000
      8,100 SF

      Prime Libby RV Park & Storage

      Montana RV Park with Storage Units
      11749 Mt Highway 37, Libby, MT 59923
      View Details
    • $2,200,000
      7,240 SF

      Libby Hotel: 16 Units, High ROI

      Profitable Montana Hotel - Excellent Investment
      31901 Us Highway 2, Libby, MT 59923
      View Details
    • Contact for pricing
      980 SF

      Well-Maintained Manufactured Home in Quiet Park

      2-bedroom, 1-bath manufactured home in a quiet, owner-occupied park.
      506 Park St, Libby, MT 59923
      View Details
    • $1,800,000
      5,360 SF

      919 Mineral Ave, Libby, MT 59923

      Commercial real estate • 5,360 SF
      919 Mineral Ave, Libby, MT 59923
      View Details
    • $324,900
      6,675 SF

      Libby Commercial Property w/Acreage

      Spacious Commercial Building & Home on 1.83 Acres
      28132 Us Highway 2, Libby, MT 59923
      View Details
    • $1,800,000

      Downtown Libby Hotel Investment

      Prime Libby Hotel: Huge Potential!
      919 Mineral Ave, Libby, MT 59923
      View Details
    • $2,200,000

      Libby Hotel: Prime Investment Opportunity

      Montana Hotel - 16 Units, High Occupancy
      31901 Us Highway 2, Libby, MT 59923
      View Details

    FAQs

    What type of property is this?
    Duplex - Remodeled craftsman home with separate guest quarters in Libby, Montana.
    Where is this duplex located?
    The property is located at 118 E Lincoln Blvd Libby, MT.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: - Charming craftsman style home with unique architectural design and a massive front porch.; - Completely remodeled with modern amenities and high-end finishes throughout, including a renovated kitchen with quartz countertops and stainless steel appliances.; - Main bath features a clawfoot tub.
    (406) 293-1150
    Request Owner's contact information
    118 E Lincoln Blvd Libby, MT 59923
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    118 E Lincoln Blvd
    Libby, MT 59923
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 E Lincoln Blvd Libby, MT 59923
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sharron Sverdrup
    Sharron Sverdrup
    Real Estate License ID: RRE-BRO-LIC-14036
    (406) 293-1150 (406) 293-9939
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!