Lucrative Investment Opportunity with one home and four cabins all currently leased out and occupied by longterm tenants. Over time, live in the home and collect the monthly ROI, or apply for approval on a short term rental property, and reel in the impressive monthly return on all 5 units. This county zoned property has no HOA. Conveniently located minutes away from downtown Libby, Montana. Property also borders Stimson Lumber Co land for your recreational enjoyment. Listed by Eric Perlstein/Brandon Trust
Closed
Price Unknown
406 Pioneer Rd, Libby, MT 59923
8beds
6baths
3,815sqft
Multi Family
Built in 1977
-- sqft lot
$607,700 Zestimate®
$--/sqft
$1,448 Estimated rent
Home value
$607,700
$541,000 - $687,000
$1,448/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: July 25, 2023 at 12:23pm
Listed by:
Brandon B Trust 406-261-0961,
Keller Williams Realty Northwest Montana,
Eric Perlstein 406-871-4014,
Keller Williams Realty Northwest Montana
Bought with:
Sharron Sverdrup, RRE-BRO-LIC-14036
Kootenai River Realty
Source: MRMLS,MLS#: 22211514
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Heating
- Baseboard, Electric, Radiant
Appliances
- Included: Range, Refrigerator
Features
- High Speed Internet
- Basement: Unfinished
Interior area
- Total structure area: 3,815
- Total interior livable area: 3,815 sqft
Property
Parking
- Parking features: Carport, Unpaved
- Has carport: Yes
Features
- Has view: Yes
- View description: Mountain(s), Residential
- Waterfront features: None
Lot
- Size: 5.14 Acres
- Dimensions: 5.14
- Features: Few Trees, Level
- Topography: Level,Sloping,Varied
Details
- Parcel number: 56417505121160000
- Zoning description: County
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Frame
- Foundation: Poured
- Roof: Wood
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Phone Available, Separate Meters, Water Not Available
Community & neighborhood
Location
- Region: Libby
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2023 | Sold | -- |
Source:  MRMLS #22211514 Report a problem | ||
| 5/17/2023 | Price change | $549,000-4.5%$144/sqft |
Source: MRMLS #22211514 Report a problem | ||
| 5/12/2023 | Price change | $575,000-4%$151/sqft |
Source: MRMLS #22211514 Report a problem | ||
| 12/16/2022 | Price change | $599,000-4%$157/sqft |
Source: MRMLS #22211514 Report a problem | ||
| 10/3/2022 | Price change | $624,000-3.3%$164/sqft |
Source: MRMLS #22211514 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,284 -19.9% | $572,400 +15.2% |
| 2024 | $2,851 +39.6% | $497,000 +30.6% |
| 2023 | $2,042 +5.8% | $380,586 +38.2% |
Find assessor info on the county website
Neighborhood: 59923
Nearby schools
GreatSchools rating
- 7/10Libby Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 4/10Libby Middle SchoolGrades: 7-8Distance: 0.9 mi
- 4/10Libby High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: District No. 4
Source: MRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Montana
- Lincoln County
- Libby
- 59923
- 406 Pioneer Rd