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Red Lodge, MT Multifamily Homes & Duplexes for Sale

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  • 281 Taylor Hill Rd, Red Lodge, MT 59068
    281 Taylor Hill Rd, Red Lodge, MT 59068
    281 Taylor Hill Rd, Red Lodge, MT 59068
    /36

    $1,795,000

    • 4 Beds
    • 4 Baths
    • 3,350 Sq Ft

    281 Taylor Hill Rd, Red Lodge, MT 59068

    Welcome to your very own private and secluded oasis on 22 lush acres! This family compound is complete with remodeled home, guest house, oversized double heated garage, insulated horse barn with well and frost-free hydrant, green house, heated wood shop, antique wooden boxcar for hay storage, potting shed with water, and last but not least 1/3 mile of Willow Creek flowing through it where you own

    Linda Nygard PureWest Real Estate - Red Lodge

    281 Taylor Hill Rd, Red Lodge, MT 59068
  • 6 Kainu Ave, Red Lodge, MT 59068
    6 Kainu Ave, Red Lodge, MT 59068
    6 Kainu Ave, Red Lodge, MT 59068
    /15

    $425,888

    6 Kainu Ave, Red Lodge, MT 59068

    Captivating 5.61-Acre Property with Water Frontage and Panoramic Views. Discover the perfect blend of natural beauty and urban convenience with this property overlooking Rock Creek. With nearly 251 feet of water frontage, this parcel offers breathtaking views of the mountains, river, and the charming town of Red Lodge. Zoned R-4, allowing for the construction of a single-family home or multiple

    Nancy Curtiss PureWest Real Estate - Red Lodge

    6 Kainu Ave, Red Lodge, MT 59068
  • 2740 Pine Ridge Rd Lots 12a To 12e (5 Lots), Red Lodge, MT 59068
    2740 Pine Ridge Rd Lots 12a To 12e (5 Lots), Red Lodge, MT 59068
    2740 Pine Ridge Rd Lots 12a To 12e (5 Lots), Red Lodge, MT 59068
    /18

    $525,888

    2740 Pine Ridge Rd Lots 12a To 12e (5 Lots), Red Lodge, MT 59068

    Exceptional Development Opportunity – 5 Contiguous Multifamily Lots on 1.59 Acres at Red Lodge Golf Course. Presenting a great opportunity to develop on five contiguous multifamily lots totaling 1.59 acres, ideally located on the scenic Back 9 of the Red Lodge Golf Course—the newer and more desirable section of the course. These lots offer the flexibility for a multi-unit residential project in

    Nancy Curtiss PureWest Real Estate - Red Lodge

    2740 Pine Ridge Rd Lots 12a To 12e (5 Lots), Red Lodge, MT 59068
  • Lot 109 Silver Cir, Red Lodge, MT 59068
    Lot 109 Silver Cir, Red Lodge, MT 59068
    Lot 109 Silver Cir, Red Lodge, MT 59068
    /12

    $391,888

    Lot 109 Silver Cir, Red Lodge, MT 59068

    Uncover this Development Opportunity on the Golf Course. Discover the possibilities with this golf course multi-family lot, ideally situated within the highly sought-after high-density R-4 zoning district. Encompassing just under 1.5 acres, this parcel has an impressive 411 feet of street frontage, offering ample space and flexibility for a wide range of development ventures—whether you envision

    Nancy Curtiss PureWest Real Estate - Red Lodge

    Lot 109 Silver Cir, Red Lodge, MT 59068
  • NSN Kane Cir, Red Lodge, MT 59068
    NSN Kane Cir, Red Lodge, MT 59068
    NSN Kane Cir, Red Lodge, MT 59068
    /9

    $375,000

    NSN Kane Cir, Red Lodge, MT 59068

    Multi-Family Opportunity on the Red Lodge Golf Course!This exceptional 1.93-acre lot offers a rare opportunity to develop a stunning multi-family property in the heart of Red Lodge, Montana. Enjoy breathtaking views of the majestic Red Lodge Ski Mountain and the serene beauty of the adjacent pond, all while being steps away from the Red Lodge Golf Course.This prime parcel allows for construction

    Myrna Wright Montana Realty Company Rue & Associates

    NSN Kane Cir, Red Lodge, MT 59068
  • Lot 108 Silver Cir, Red Lodge, MT 59068
    Lot 108 Silver Cir, Red Lodge, MT 59068
    Lot 108 Silver Cir, Red Lodge, MT 59068
    /5

    $299,900

    Lot 108 Silver Cir, Red Lodge, MT 59068

    Located in one of the most scenic areas of Montana is this development/multi-family lot. Zoning is R-4. "Allowed Uses" are to have Multi-Family units up to 4 units. However, with a "Conditional Use Permit", the right plans with the Cities approval, you may do more than 8 units. Units must be 40 feet or less in height. This lot backs to the #5 Fairway. It comes with large view of Red Lodge

    Heather Quinn C Mor Red Lodge Real Estate

    Lot 108 Silver Cir, Red Lodge, MT 59068
Montana Red Lodge

Multi-Family Homes & Duplexes for Sale in Red Lodge, MT

Why Live in Red Lodge

Red Lodge, Montana, is a picturesque community renowned for its proximity to Yellowstone National Park and the scenic Beartooth Highway. Residents and visitors alike enjoy breathtaking views of the snow-capped Beartooth Mountains, which serve as a stunning backdrop to daily life. The area is characterized by walkable streets lined with ranch-style homes, craftsman-style bungalows, and log cabins, reflecting architectural styles from the early to mid-20th century. Modern traditional builds are also present, offering a blend of historical charm and contemporary living. Red Lodge is a hub for outdoor activities, with the Beartooth Highway providing access to hiking trails and panoramic views. The Red Lodge Mountain ski area offers slopes for various skill levels, while Rock Creek is a favored spot for fly-fishing. Lions Park features facilities for soccer, basketball, and more, with a winter ice rink. Broadway Avenue is the heart of local shopping and dining, featuring coffee shops, pubs, and art galleries. Red Lodge High School is highly rated, offering dual enrollment courses with Montana State University. While local grocery needs are met by Beartooth Market, larger shopping trips to Billings, 60 miles away, are common. Despite high snowfall in winter, the community is accustomed to the conditions, maintaining business as usual.
Learn more about living in Red Lodge

Home Trends in Red Lodge, MT

On average, homes in Red Lodge, MT sell after 124 days on the market compared to the national average of 51 days. The median sale price for homes in Red Lodge, MT over the last 12 months is $529,900, up 16% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$529,900
Median Single Family Sale Price
$575,000
Median Townhouse Sale Price
$565,900
Median 2 Bedroom Sale Price
$199,000
Average Price Per Sq Ft
$384
Number of Homes for Sale
89
Last 12 months Home Sales
137
Months of Supply
7.80
Median List Price
$582,450
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
16%
How to Buy a Home How to Finance a Home How to Sell a Home

In Red Lodge, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $299,900 to $1,795,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Red Lodge is $582,450, while the average sale price is $658,579, offering insights into the local housing market. On average, multi-family homes spend 124 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Red Lodge, MT.

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