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5-Unit Multifamily Property
New
For Sale
$750,000

406 Pioneer Rd, Libby, MT 59923

MultiFamily, Sgl Level, Libby, MT

Property Size3,815 SF
Lot Size5.14 Acres
Price / SF$196.59
Days on Market3

Property Features for 406 Pioneer Rd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning COUNTY ZONING
Bedrooms 8
Full bathrooms 6
Rooms Bedroom 1, Bathroom 3, Bedroom 8, Bathroom 1, Bathroom 5, Bathroom 2, Bedroom 7, Bedroom 6, Bathroom 6, Bathroom 4, Basement, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5
Basement Unfinished
Lot features Open Lot, Level, Southern Exposure, Wooded, Borders Special Land
View Territorial
Elementary school district Libby School District 4
Middle school district Libby School District 4
High school district Libby School District 4
Directions From Troy, go E on US Hwy 2, as you approach Libby, turn W. onto Vanderwood Rd, then left onto Pioneer Rd.
Subdivision Western Montana
Standard status Active
APN 56417505121160000
Size 3,815 SF
Lot size 5.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ROUSE TRACTS, S05, T30N, R31W LOT 18, ACRES 5.14, IRR PM 2203
Tax Annual Amount 2492
Legal Description ROUSE TRACTS, S05, T30N, R31W LOT 18, ACRES 5.14, IRR PM 2203

Utilities

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

Building Details

Year built 1977
Number of units 5
Building materials Wood Siding, Frame, Post & Beam
Roof type Shake
Architectural style Other
Listing Agency: RE/MAX Centennial
Listed By: Denise Winey · License #SP28574
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 22 at 5:06AM
MLS# 26-10389

Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 5-unit residential property in Libby, Montana, combines one manufactured home with four cabins. The buildings provide 3,815 square feet across a 5.14-acre parcel and were built in 1977. County zoning applies, and the property is served by public water and sewer.

The parcel borders Stimson Lumber and is described as minutes from town. Heating includes baseboard, radiant, and electric systems.

Key Highlights

  • Five units: one manufactured home and four cabins
  • All five units are tenant occupied
  • 3,815 square feet on 5.14 acres

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

Demographics for 59923, MT

9,743
Population
5,295
Households
1.8
Avg Household Size
52
Median Age
16%
College-Educated
93%
High-School Grad
1,412.5 sq mi
ZIP Area
7
Density / Sq Mi
$45,332
Median Household Income
$33,760
Median Earnings
$726
Median Rent
$241,400
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

Frequently Asked Questions

What type of property is this?
Multifamily property - Four cabins and a manufactured home are currently occupied by tenants.
Where is this multifamily property located?
The property is located at 406 Pioneer Rd Libby, MT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Five units: one manufactured home and four cabins; All five units are tenant occupied; 3,815 square feet on 5.14 acres
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