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Rustic Multifamily Property with Cabins
For Sale
$449,999

234 Mill Creek Road, Sheridan, MT 59749

ResidentialIncome, Sheridan, MT

Property SizeContact for details
Lot Size2.40 Acres
Days on Market476

Property Features for 234 Mill Creek Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description None/Unknown
Patio and Porch features Deck
Exterior features GravelDriveway
Appliances BuiltInOven, Dishwasher, Range, Refrigerator, Dryer, Washer
Lot features Adjacent To Public Land
View Mountains
Directions Drive east of Sheridan on Mill Street which will change to Mill Creek Road. Property is on the right just at the intersection with Toledo Mine Road. GPS will take you there.
Subdivision 7MR - Madison - Ruby Valley
Standard status Active
APN 0008013300
Lot size 2.40 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description S19, T04 S, R04 W, BRANDON LOT, TR IN S2SE4
Tax Annual Amount 2337
Legal Description S19, T04 S, R04 W, BRANDON LOT, TR IN S2SE4

Utilities

Utilities Propane
Sewer type Septic Tank
Heating system Other (Heating), Propane (Heating)
Water source Well

Building Details

Year built 1895
Floors in Building 1
Number of units 2
Flooring type Vinyl, Plank, Laminate
Building materials WoodSiding
Roof type Metal
Architectural style Rustic
Additional Structures Shed(s)
Listing Agency: Resolute Roots Realty
Listed By: Dawn Buttrey · License #BRO-88755
Added: Jun 7, 2025 Changed: Sep 24 Last Checked: Sep 25 at 3:06AM
MLS# 402938

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.

This rustic multifamily property includes a primary residence with 2 bedrooms, 2 bathrooms, blue pine interior finishes, and a covered deck. A separate 1-bedroom, 1-bathroom guest cabin adds residential capacity, while an additional dry cabin with electricity and heat provides flexible office or studio space. A historic dry homesteader’s cabin offers storage potential and period character.

The 2.4-acre property also includes a 10' x 20' workshop with a concrete floor and 220V power, plus a 24' x 32' detached garage and shop with 220V power. Wood siding, a metal roof, propane heat, a private well, and septic service support the improvements. Located off Mill Creek Road, the property is just under 3 miles from Sheridan and offers access to nearby public lands, creeks, and lakes.

Key Highlights

  • 2.4+/- acres with multiple residential and accessory structures
  • Main residence offers 2 bedrooms and 2 bathrooms
  • Separate 1 bedroom, 1 bathroom guest cabin

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multiple residential structures, outbuildings, and utility improvements occupy a wooded acreage setting near Sheridan.
Where is this multifamily property located?
The property is located at 234 Mill Creek Road Sheridan, MT.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: 2.4+/- acres with multiple residential and accessory structures; Main residence offers 2 bedrooms and 2 bathrooms; Separate 1 bedroom, 1 bathroom guest cabin
More about this property
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