Turnkey Income Property Near Downtown

305 Boundary St, Sheridan, MT 59749

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For Sale

$1,095,000

MULTI_FAMILY - Other - Sheridan, MT

Lot size:

0.40 Acres

HighLights

Two‑building rental property on a 0.40‑acre lot: duplex with two 2BR/1BA units plus a fourplex with four 1BR/1BA units
All six units include private entrances, in‑unit laundry, and dedicated parking
Newer kitchen appliances included in each unit, with listed appliances such as dishwasher, disposal, microwave, range, refrigerator, washer, and dryer
Recent exterior updates across both buildings: new roofs, Milgard windows, Diamond Kote siding, and Trex decking
2005 construction with forced‑air heating and interior features including vaulted ceilings and walk‑in closets
Public utilities: public water and public sewer

We can help!

Listing Contact

Suzanne Powers

For Sale

$1,095,000

MULTI_FAMILY - Other - Sheridan, MT

Lot size:

0.40 Acres

Added:: Apr 27, 2026
Days on Market:: 56
Last Refresh:: Jun 21 at 5:06 am

Property Features for 305 Boundary St

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking features: Assigned
Interior features: VaultedCeilings, WalkInClosets, WindowTreatments
Exterior features: GravelDriveway, SprinklerIrrigation
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer, Washer
Standard status: Active
APN: 0007000755
Lot size: 0.40 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: SHERIDAN ORIGINAL TOWNSITE, S27, T04 S, R05 W, BLOCK 12, LOT 3
Tax Annual Amount: 3656

Utilities

Sewer type: Public Sewer
Heating system: Forced Air
Water source: Public

Building Details

Year built: 2005
Floors in Building: 1
Number of units: 6
Flooring type: Plank, Vinyl, Laminate, Carpet
Building materials: Hardboard, LapSiding
Roof type: Shingle, Asphalt
Architectural style: Other
Additional Structures: Shed(s)

We can help!

Listing Contact

Suzanne Powers

Listing agent Suzanne Powers License #RBS-80192

Listing office PureWest Real Estate Ennis 1612 W Main, Bozeman, MT

Listing date Apr 27, 2026

MLS# 410639 Listing URL

HighLights

Two‑building rental property on a 0.40‑acre lot: duplex with two 2BR/1BA units plus a fourplex with four 1BR/1BA units
All six units include private entrances, in‑unit laundry, and dedicated parking
Newer kitchen appliances included in each unit, with listed appliances such as dishwasher, disposal, microwave, range, refrigerator, washer, and dryer
Recent exterior updates across both buildings: new roofs, Milgard windows, Diamond Kote siding, and Trex decking
2005 construction with forced‑air heating and interior features including vaulted ceilings and walk‑in closets
Public utilities: public water and public sewer

Overview

This turnkey income and investment property features two impeccably maintained buildings situated on an oversized 0.40-acre lot, located just two blocks from downtown Sheridan. The duplex contains two large 2-bedroom, 1-bath units with thoughtful floorplans and vaulted ceilings. The fourplex contains four 1-bedroom, 1-bath units, each with bonus storage areas. All six units offer private entrances, new or newer kitchen appliances, in-unit laundry, and dedicated parking. Both buildings feature new roofs, Milgard windows, Diamond Kote siding, and Trex decking. The property is located in a quiet, well-kept neighborhood with views of the Ruby Valley and has a strong long-term rental track record.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Sheridan
County: Madison
State: Montana
Longitude: -112.199208
Latitude: 45.452384

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For sale
Apartment buildings
MT
Sheridan
59749
305 Boundary St

What type of property is this?

Apartment building - Well-maintained multi-family property with strong rental history near downtown.

Where is this apartment building located?

The property is located at 305 Boundary St Sheridan, MT.

What is the asking price?

The asking price for this property is $1,095,000.

What are key features of this property?

This property features: Two‑building rental property on a 0.40‑acre lot: duplex with two 2BR/1BA units plus a fourplex with four 1BR/1BA units; All six units include private entrances, in‑unit laundry, and dedicated parking; Newer kitchen appliances included in each unit, with listed appliances such as dishwasher, disposal, microwave, range, refrigerator, washer, and dryer

305 Boundary St, Sheridan, MT 59749

MULTI_FAMILY - Other - Sheridan, MT

Property Features for 305 Boundary St

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Sheridan, Montana Income Property

Rustic Multi-Family Property in Montana

Main Street Mixed-Use Property

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