$895,000
$80K PRICE DROP

505 E 10th St Libby, MT 59923

Estimated payment $4,962/month

Total Views 9,347
-- Bed
-- Bath
5,696 Sq Ft
$157 Price per Sq Ft

Highlights

  • City View
  • Baseboard Heating
  • Level Lot
  • Open Floorplan
  • High Speed Internet

About This Home

**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.

Listing Agent

Sharron Sverdrup

Kootenai River Realty License #RRE-BRO-LIC-14036 Listed on: 04/17/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1940

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Property Views

  • City
  • Mountain

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 5,696 Sq Ft Home
  • Open Floorplan
  • Oven or Range

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 56417503311050000

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,659

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1940
  • Directions: Heading South of Highway 2, take the second right after McDonalds which is Dakota Avenue, property will be on your left.
  • Listing I D: 30046501
  • Horses: No
  • Lot Size Acres: 0.269
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Sub Type Additional: Apartment,Multi Family
  • Special Features: None

Interior Features

  • Interior Amenities: Main Level Primary, Open Floorplan
  • Appliances: Range, Refrigerator
  • Basement YN: No
  • Entry Location: Dakota Avenue
  • Fireplace: No

Exterior Features

  • Roof: Metal
  • Lot Features: Level
  • Topography: Level
  • View: City, Mountain(s), Residential
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood Frame
  • Foundation Details: Block
  • Property Condition: See Remarks

Utilities

  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Phone Available
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Zoning: Business
  • Lot Size Sq Ft: 11718.0
  • Parcel #: 56417503311050000
  • Zoning Description: Commercial

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3659.26

Multi Family

  • Number Of Units Total: 8

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,711 $440,800 $0 $0
2024 $3,187 $363,800 $0 $0
2023 $4,047 $363,800 $0 $0
2022 $2,831 $271,700 $0 $0
2021 $3,451 $271,700 $0 $0
2020 $3,529 $242,600 $0 $0
2019 $3,485 $242,600 $0 $0
2018 $2,936 $197,300 $0 $0
2017 $2,484 $197,300 $0 $0
2016 $2,827 $184,800 $0 $0
2015 $1,930 $184,800 $0 $0
2014 $2,867 $197,269 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Off Market -- -- --
10/10/2025 10/10/25 For Sale $895,000 0.0% $157 / Sq Ft
07/02/2025 07/02/25 Price Changed $895,000 -8.2% $157 / Sq Ft
04/17/2025 04/17/25 For Sale $975,000 -- $171 / Sq Ft
Source: Montana Regional MLS

Source: Montana Regional MLS

MLS Number: 30046501

Montana Regional MLS

APN: 56-4175-03-3-11-04-0000