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Duplex with Mountain Views
For Sale
$995,000

109 Run Way Lane, Livingston, MT 59047

ResidentialIncome, Livingston, MT

Property SizeContact for details
Lot Size15.98 Acres
Days on Market333

Property Features for 109 Run Way Lane

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Call Listing Agent for Details
Parking features Garage, Open
Patio and Porch features Deck
Interior features WetBar
Exterior features Garden, GravelDriveway
Appliances Disposal, Range, Refrigerator, WaterSoftener, Dryer, Washer
Lot features Rough Grade Yard
View Mountains
Directions Turn off 89 S to Pray Siding Road. Cross the active runway. Drive past the "GPS told you wrong" sign. Use extreme caution when crossing the runway.
Subdivision 6PVW - Liv Area - Paradise Valley W of 89S
Standard status Active
APN 0003134350
Lot size 15.98 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Tract C-5-B, the "Remainder Tract" of Certificate of Survey No. 2241FC, according to the official plat thereof on file and of record in the office of the Clerk and Recorder, Park County Montana. To be verified by the title company.
Tax Annual Amount 1814
Legal Description Tract C-5-B, the "Remainder Tract" of Certificate of Survey No. 2241FC, according to the official plat thereof on file and of record in the office of the Clerk and Recorder, Park County Montana. To be verified by the title company.

Utilities

Utilities Propane
Sewer type Septic Tank
Heating system Forced Air, Propane (Heating)
Cooling system Central Air, Window Unit(s), Ceiling Fan(s)
Water source Well

Building Details

Year built 1999
Floors in Building 1
Number of units 2
Flooring type Tile, Engineered, Laminate
Building materials Hardboard
Roof type Shingle, Asphalt
Architectural style Other
Additional Structures Barn(s)
Listing Agency: Berkshire Hathaway Livingston · Berkshire Hathaway HomeServices
Listed By: Peg Sundling · License #BRO-54805
Added: Nov 3, 2025 Changed: Sep 12 Last Checked: Oct 2 at 6:06AM
MLS# 406718

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 duplex property combines a remodeled main residence with a separate apartment on 15.98 acres in Paradise Valley. The primary home includes a wet bar, engineered, tile, and laminate flooring, along with a deck and both garage and open parking. A garden and gravel driveway add practical outdoor features.

The property is located at 109 Run Way Lane, Livingston, MT 59047, between Livingston and Yellowstone National Park. Mountain views and the surrounding open space are part of the setting, while a private well, septic tank, and propane service support the property. The apartment is positioned for guest, family, or rental use, as supported by the existing layout.

Key Highlights

  • 15.98‑acre duplex property in Paradise Valley
  • Separate apartment adjoining a remodeled main residence
  • Mountain views with open‑space surroundings

Property Analytics

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Current Use

Arrowhead Electric Inc Electrical Service

Suggested Use

Top Pick Garden Center Big Box & Wholesale Store Electrical Service Restaurant Gym & Fitness Center Discount 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

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 59047, MT

13,319
Population
6,710
Households
2
Avg Household Size
45
Median Age
36%
College-Educated
97%
High-School Grad
781.3 sq mi
ZIP Area
17
Density / Sq Mi
$70,176
Median Household Income
$41,117
Median Earnings
$980
Median Rent
$420,000
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
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Frequently Asked Questions

What type of property is this?
Duplex - Remodeled main residence with a separate apartment, outdoor space, and access to country living near Livingston.
Where is this duplex located?
The property is located at 109 Run Way Lane Livingston, MT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 15.98‑acre duplex property in Paradise Valley; Separate apartment adjoining a remodeled main residence; Mountain views with open‑space surroundings
More about this property
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