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505 E 10th Street Libby, MT 59923

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For Sale
$895,000

MULTI_FAMILY - Libby, MT

Type:Apartment
Lot size:
0.27 Acres
Added:
Apr 17, 2025
Days on Market:
350
Last Refresh:
Apr 1 at 6:06 pm

Property Features for 505 E 10th Street

General Information

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

Taxes and HOA fees

TaxYear
2024
TaxDescription
Lots 1, 2, 3 and 4, Block 17, Faust Addition to Libby, according to the plat thereof on file in the office of the Clerk and Recorder, Lincoln County, Mt.
TaxAnnualAmount
3659

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

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Listing Contact
Sharron Sverdrup
Sharron Sverdrup

Listing agent Sharron Sverdrup License #RRE-BRO-LIC-14036

Listing office Kootenai River Realty 515 Mineral Ave., Libby, MT

Listing date Apr 17, 2025

MLS# 30046501

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.


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 with seven one-bedroom, one-bath apartments and one four-bedroom, two-bath apartment. Tenants are responsible for their electricity, while the owner covers water and sewer expenses. Three of the apartments have been recently updated, and some require 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 residing in one unit while renting out the others. The four-bedroom apartment includes laundry hook-ups. There is a utility room for the apartments that could potentially be converted into a laundry room for the one-bedroom units. The lot size is 0.269 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

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

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 Street 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 7 one‑bedroom/one‑bath apartments and 1 four‑bedroom/two‑bath apartment.
More about this property
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