A solid multi-unit investment opportunity in Sheridan, situated on 0.393± acres just two blocks from Main Street. This six-unit property includes a fourplex and duplex, offering a desirable mix of one- and two-bedroom residences with a long-standing history of consistent occupancy. The fourplex includes four 1-bedroom, 1-bath apartments, each with its own laundry area and designated storage. The duplex features two spacious 2-bedroom, 1-bath units, each with a laundry area and generously sized living spaces. Recent improvements further strengthen the property, including a new roof approximately three years ago, along with Trex decking, Diamond Kote siding and Milgard windows completed approximately one year ago. With six units in a convenient Sheridan location, an established rental history and substantial recent exterior improvements, this property offers an appealing opportunity for an investor looking to acquire or expand a multi-family portfolio in the Ruby Valley.
| Listing Id: | 30079351 |
|---|---|
| List Price: | $975,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Apartment |
| Status: | Active |
| Tax Annual Amount: | $3,656 |
| Lot Size Square Feet: | 17,119.08 |
| Lot Size Acres: | 0.393 |
| Waterfront?: | No |
| City: | Sheridan |
| County Or Parish: | Madison |
| Postal Code: | 59749 |
| Year Built: | 2005 |
| Number Of Units Total: | 6 |
| Appliances: | Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer |
| Basement Yn: | No |
| Building Area Units: | SquareFeet |
| Carport Spaces: | 0.0 |
| Directions: | GPS will take you there. From S Main Street in Sheridan, turn southwest on W Crofoot. Turn right on Boundary Street and the property will be on the right. |
| Elementary School District: | District No. 5 |
| Foundation Details: | Other |
| Garage Spaces: | 0.0 |
| High School District: | District No. 5 |
| Laundry Features: | WasherHookup, InUnit |
| Levels: | One |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Contract Date: | 2026-10-03 |
| Listing Terms: | Cash, Conventional |
| Lot Size Area: | 0.393 |
| Lot Size Source: | Assessor |
| Lot Size Units: | Acres |
| Middle Or Junior School District: | District No. 5 |
| Original List Price: | $975,000 |
| Parcel Number: | 25059327403030000 |
| Possession: | CloseOfEscrow |
| Postal City: | SHERIDAN |
| Roof: | Asphalt |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| State Or Province: | MT |
| Tax Year: | 2025 |
| Utilities: | ElectricityConnected, NaturalGasConnected |
| Water Source: | Public |
| Year Built Source: | Assessor |
| Zoning: | Residential |
| Zoning Description: | R2 |
| Property Sub Type Additional: | Apartment, MultiFamily |
| Current Price: | $975,000.00 |
| Country Subdivision: | 30057 |
| Record Signature: | -1,572,298,809 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:30057:25059327403030000 |
Listing Courtesy of: Resolute Roots Realty
Listing Agent: Dawn Buttrey
406-600-4802
Mortgage Calculator
The data on this website relating to real estate for sale comes in part from the IDX Program of the Montana Regional MLS.
All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
© 2026 Montana Regional MLS.
Montana Regional MLS data last updated on October 08, 2026 03:25 PM - MT.
Property Last Updated: October 08, 2026 03:25 PM - MT
