124 S 2nd St Livingston, MT 59047
Estimated payment $5,726/month
Highlights
- No HOA
- Newbridge Road School Rated A-
- Forced Air Heating System
About This Home
Downtown mixed-use building with character, income, and flexibility in the historic district. This 8,100 square foot property offers six units of mixed sizes with two front facing offices, plus a shared common area, kitchenette, conference rooms, A/C, and large windows that capture natural light and downtown views. The alley-accessed studio apartment creates a true live/work setup or an excellent option for either short-term or long-term rental income. Priced at a pro-forma 7% cap rate, it is an attractive investment with both current cash flow and room to add value. Located in the historic downtown district with limited use restrictions and strong neighboring businesses, this building is well-suited for professional services, retail, creative studios, residential, medical, or co-working concepts. As a northern gateway to Yellowstone National Park and just a short drive from Bozeman, this location blends small-town character with year-round visitor traffic. SELLER FINANCING IS AVAILABLE! Floor plans included in the listing photos.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,214
Year Built
- Built in 1934
Parking
- Paved Parking
- Off-Site Parking
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- Livingston Original Plat Subdivision
Listing and Financial Details
- Assessor Parcel Number 0000008700
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,215 | $1,183,900 | $0 | $0 |
| 2024 | $10,260 | $965,100 | $0 | $0 |
| 2023 | $9,722 | $965,100 | $0 | $0 |
| 2022 | $8,167 | $685,300 | $0 | $0 |
| 2021 | $8,514 | $685,300 | $0 | $0 |
| 2020 | $8,341 | $626,000 | $0 | $0 |
| 2019 | $8,246 | $626,000 | $0 | $0 |
| 2018 | $8,038 | $553,700 | $0 | $0 |
| 2017 | $7,612 | $553,700 | $0 | $0 |
| 2016 | $6,908 | $464,200 | $0 | $0 |
| 2015 | $5,983 | $464,200 | $0 | $0 |
| 2014 | $6,055 | $370,598 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $895,000 | 0.0% | -- |
| 10/08/2024 10/08/24 | Off Market | $1,450 | -- | -- |
| 10/01/2024 10/01/24 | For Rent | $1,450 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- |
Source: Big Sky Country MLS
MLS Number: 407602
APN: 49-0802-13-3-15-13-0000
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