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    505 E 10Th St Libby, MT 59923

    For Sale
    $895,000

    MULTI_FAMILY - Libby, MT

    Type:Apartment
    Lot size:
    0.27 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 505 E 10Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Apartment
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Business
    APN
    56417503311050000
    Interior features
    MainLevelPrimary, OpenFloorplan
    Appliances
    Range, Refrigerator
    Lot size
    0.27 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1940
    Number of units
    8
    Building materials
    WoodFrame
    Roof type
    Metal

    Kootenai River Realty (406) 293-1150 [email protected]

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

    Listing date Nov 11, 2025

    MLS# 30046501 Listing URL

    Copyright © 2025 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.

    Overview

    Libby, MT Income Property

    This income property in Libby, Montana, features well-maintained apartments in a prime commercial location. The property consists of three separate buildings, offering excellent income potential. There are seven one-bedroom, one-bath apartments, along with one four-bedroom, two-bath apartment. Tenants are responsible for their electricity, while the owner currently covers water and sewer expenses. Three of the apartments have been recently updated, while some others may benefit from minor improvements. The rentals are highly desirable and have maintained full occupancy. The location is within walking distance of downtown Libby, shopping, and parks. This property is suitable for investors seeking to expand their portfolio or homeowners interested in occupying one unit and renting out the others. The four-bedroom apartment includes laundry hook-ups. There is a utility room for the apartments, that could possibly be made into a laundry room for the 1-bedroom 1-bath units. The property is located in a growing area of Northwest Montana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Libby
    County
    Lincoln
    State
    Montana
    Longitude
    -115.5495058
    Latitude
    48.3858374

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained apartments in a prime commercial location with income potential.
    Where is this apartment building located?
    The property is located at 505 E 10Th St Libby, MT.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Excellent income potential with a history of full occupancy.; - Prime commercial location within walking distance to downtown Libby, shopping, and parks.; - Consists of 3 separate buildings with a total of eight apartments (seven 1-bedroom/1-bath and one 4-bedroom/2-bath).
    (406) 293-1150
    Request Owner's contact information
    505 E 10Th St Libby, MT 59923
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    Libby, MT 59923
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    Realmo Value Estimation

    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.

    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.

    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
    505 E 10Th St Libby, MT 59923
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