Six-Unit Multifamily
For Sale
$975,000
2 Kearney Lane, Sheridan, MT 59749
ResidentialIncome, Sheridan, MT
Property SizeContact for details
Lot Size0.68 Acres
Days on Market490
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
Electric (Heating), Baseboard
Water source
Public
Amenities
laundry room
range
refrigerator
washer/dryer
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: Sep 12
Last Checked: Oct 5 at 10:06AM
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.
This multifamily property includes three duplex buildings containing six rental units on 0.68 acres. Built in 1984, the ranch-style residences each offer two bedrooms, one bathroom, a living area, kitchen, and laundry room. Unit features include a range, refrigerator, washer, dryer, private entry, and deck. Covered parking, landscaping, and sprinkler irrigation are also provided.
Located in Sheridan, Montana, the property is served by public water and public sewer. Additional physical features include electric baseboard heating, carpet flooring, and a metal roof. The six units provide a consistent residential configuration within a single multifamily offering in Madison County’s Ruby Valley.
Located in Sheridan, Montana, the property is served by public water and public sewer. Additional physical features include electric baseboard heating, carpet flooring, and a metal roof. The six units provide a consistent residential configuration within a single multifamily offering in Madison County’s Ruby Valley.
Key Highlights
- Six rental units arranged across three duplex buildings
- Each unit includes 2 bedrooms, 1 bathroom, kitchen, living area, and laundry room
- 0.68 acres with covered parking, landscaping, and sprinkler irrigation
Property Analytics
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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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three ranch-style duplex buildings with private decks, covered parking, and separately accessed residences.
Where is this multifamily property 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: Six rental units arranged across three duplex buildings; Each unit includes 2 bedrooms, 1 bathroom, kitchen, living area, and laundry room; 0.68 acres with covered parking, landscaping, and sprinkler irrigation
