505 E 10th Street Libby, MT $ 895,000
505 E 10th Street
$ 895,000
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505 E 10th Street

Libby, MT, 59923
$ 895,000
Baths0.0 Sq 5,696

Monthly Estimate*

$ 5,584

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Studio

Multi-Family Home for sale in Libby, MT

for $895,000. This 5,696 square foot home was built in 1940 on a lot size of 0.269.

**Fantastic Income Property in beautiful Libby, Mt.** Opportunity abounds with these well-maintained apartments perfectly situated in a prime commercial location. Offering excellent income potential, these apartments consist of 3 separate buildings, featuring seven cozy & comfortable one-bedroom one-bath apartments, & one spacious 4-bedroom two-bath apartment. Tenants pay for their own electricity and owner currently pays the water/sewer. 3 of the apartments have recently been updated, & a few will need a little TLC. Highly desirable, these rentals have stayed fully occupied. Within walking distance to downtown Libby, shopping & parks, the location is highly desirable for renters and owners alike. Whether you're an investor looking to grow your portfolio or a homeowner wanting to live in one unit & rent the others, these apartments deliver value, versatility, & convenience. Don’t miss out on this excellent opportunity, in this highly desirable & growing area of beautiful Northwest Montana! The spacious 4-bedroom apartment does have laundry hook-ups. There is a utility room for the apartments, that could possibly be made into a laundry room for the 1-bedroom 1-bath units.

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Multi-Family Active

Price

$ 895,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,659

Style

Lot Size

0.269

Year Built

1940

Town/City

Libby

County/Region

Lincoln

MLS | Web ID

30046501

Features
General
Sewer Public Sewer
Heating Baseboard Electric
Utilities Cable Available Electricity Connected High Speed Internet Available Phone Available
Roof Metal
Appliances Range Refrigerator
Zoning Business
Garage Spaces 0
Architectural Style Other
Construction Materials Wood Frame
Year Built 1940
View City Mountain(s) Residential
Topography Level
Property Subtype Apartment
Tax Year 2024
County Lincoln
New Construction false
Property Type Residential Income
Garage Y/N false
Status Active
Directions Heading South of Highway 2 take the second right after McDonalds which is Dakota Avenue property will be on your left.
City Libby
Entry Location Dakota Avenue
Senior Community Y/N false
Zoning Description Commercial
Number Of Units Total 8
Lot Size Units Square Feet
Lot Size Square Feet 11718
Carport Y/N false
Tax Annual Amount 3659.26
Property Condition See Remarks
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Property Sub Type Additional Apartment Multi Family
Expected Active Date 2025-04-17
Legal Description 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.
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Interior
Interior Amenities Main Level Primary Open Floorplan
Basement (Y/N) false
Heating Y/N true
Fireplace Y/N false
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Exterior
Lot Features Level
Water Source Public
Lot Size Area 11718
Foundation Details Block
Building Area Total 5696
Lot Size Acres 0.269
Road Surface Type Gravel
Lot Size Source Public Records
Waterfront Y/N false
Road Frontage Type City Street
Horse Y/N false
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* Excluded Features
List By
Sharron Sverdrup

Listing Agent

Kootenai River Realty

Broker

sharron@kootenairiverrealty.com

Email

Affordability Calculator

$5,889
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,584
Monthly Property Taxes
$305
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/7/2025$895,000 Listed Price

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505 E 10th Street, Libby, MT, 59923 is a Multi-Family Home for sale at $895,000 with 5,696 sqft and a lot size of 0.269. 505 E 10th Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 59923 which is in Libby, MT