Three-Duplex Apartment
For Sale
$975,000
2 Kearney Lane, Sheridan, MT 59749
ResidentialIncome, Sheridan, MT
Property SizeContact for details
Lot Size0.68 Acres
Days on Market445
Property Features for 2 Kearney Lane
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning description
R1
Parking features
Covered
Patio and Porch features
Deck
Exterior features
SprinklerIrrigation, Landscaping
Appliances
Dryer, Range, Refrigerator, Washer
Lot features
Landscaped, Sprinklers In Ground
View
Mountains
Directions
corner of Kearney Ln and Mill St in Sheridan
Subdivision
7MR - Madison - Ruby Valley
Standard status
Active
APN
0007029502
Lot size
0.68 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
J & M MADDISON MINOR SUB, S26, T04 S, R05 W, Lot B, PLAT 2/ 172
Tax Annual Amount
3718
Legal Description
J & M MADDISON MINOR SUB, S26, T04 S, R05 W, Lot B, PLAT 2/ 172
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Water source
Public
Amenities
laundry room
private deck
Building Details
Year built
1984
Floors in Building
1
Number of units
6
Flooring type
Carpet
Roof type
Metal
Architectural style
Ranch
Additional Structures
Shed(s)
Listing Agency:
Berkshire Hathaway - Sheridan · Berkshire Hathaway HomeServices
(406) 842-5650
Listed By:
Nicholette Picken · License #BRO-98427
(406) 698-0853
Added: Jun 3, 2025
Changed: Aug 19
Last Checked: Aug 21 at 7:06AM
MLS# 402226
Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Ranch-style apartment building built in 1984, configured as three separate duplexes for a total of six rental units. Each unit offers two bedrooms, one bathroom, a living room, kitchen, and laundry room, and comes equipped with essential appliances including a range, refrigerator, and washer/dryer. All six units have their own entry with a private deck.
The property sits on a 0.68-acre lot at the corner of Mill St and Kearny, with public water and public sewer service. Exterior improvements include landscaping and sprinkler irrigation. The roof is metal, and heating is provided by electric baseboard systems. Covered parking is available, and interior finishes include carpet flooring.
For tenants, the layout supports independent access and in-unit laundry, while the property’s duplex configuration provides straightforward unit separation under one ownership structure.
The property sits on a 0.68-acre lot at the corner of Mill St and Kearny, with public water and public sewer service. Exterior improvements include landscaping and sprinkler irrigation. The roof is metal, and heating is provided by electric baseboard systems. Covered parking is available, and interior finishes include carpet flooring.
For tenants, the layout supports independent access and in-unit laundry, while the property’s duplex configuration provides straightforward unit separation under one ownership structure.
Key Highlights
- Three separate duplexes totaling 6 rental units
- Each unit has 2 bedrooms, 1 bathroom, and in‑unit laundry
- Built in 1984 with ranch architectural style
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Explore this area
Business Placement
Demographics for 59749, MT
1,640
Population
885
Households
1.9
Avg Household Size
55
Median Age
34%
College-Educated
94%
High-School Grad
238.2 sq mi
ZIP Area
7
Density / Sq Mi
$78,534
Median Household Income
$31,618
Median Earnings
$778
Median Rent
$347,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Ranch-style apartment building with six rental units, private deck entries, and public water and sewer.
Where is this apartment building located?
The property is located at 2 Kearney Lane Sheridan, MT.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Three separate duplexes totaling 6 rental units; Each unit has 2 bedrooms, 1 bathroom, and in‑unit laundry; Built in 1984 with ranch architectural style
