2 Kearney Lane
Sheridan, Montana 59749

MLS #402226 | $975,000

Listing Details

  • 0.68Acres
  • $975,000Price

Seize this rare investment opportunity in the heart of Sheridan, Montana! This income-generating property features three separate duplexes, offering a total of six rental units in the scenic Ruby Valley. Perfect for investors seeking steady cash flow or owner-occupants looking to offset costs, this property combines small-town charm with strong rental history/potential. Each unit features 2 bedrooms, 1 bathroom, living room, kitchen, and laundry room and is equipped with essential appliances - including a range, refrigerator, and washer/dryer. All 6 units have their own entry with private deck. This prime location is right on the corner of Mill St and Kearny. Don’t miss this chance to own a turnkey income property in one of Montana’s most charming communities!

Click any image to view all 38 images of this property.

2 Kearney Lane2 Kearney Lane2 Kearney Lane2 Kearney Lane

Additional Features

  • Appliances
    Dryer, Range, Refrigerator, Washer
  • Architectural Style
    Ranch
  • City
    Sheridan
  • Contract Status Change Date
    2025-06-03
  • Cooling
    None
  • Cumulative Days On Market
    44
  • Directions
    corner of Kearney Ln and Mill St in Sheridan
  • Documents Count
    1
  • Flooring
    Partially Carpeted
  • Heating
    Baseboard, Electric
  • Heating
    Yes
  • Latitude
    45.457789
  • Levels
    One
  • Listing Contract Date
    2025-06-03
  • Listing Key
    1114841954
  • List Price
    975000
  • Longitude
    -112.184272
  • Lot Features
    Landscaped, Sprinklers In Ground
  • Lot Size Acres
    0.68000
  • Lot Size Square Feet
    29621
  • MLS Area Major
    Madison/ Beaverhead/ Jefferson
  • MLS Area Minor
    7 M R - Madison - Ruby Valley
  • MLS Status
    Active
  • Original List Price
    1125000
  • Originating System Name
    S W M T
  • Other Structures
    Sheds
  • Ownership
    Full
  • Parcel Number
    0007029502
  • Parking Features
    Covered, Gravel
  • Patio And Porch Features
    Deck
  • Photos Count
    38
  • Postal Code
    59749
  • Property Sub Type
    Multi Family
  • Property Type
    Residential Income
  • Road Surface Type
    Gravel
  • Roof
    Metal
  • Sewer
    Public Sewer
  • Standard Status
    Active
  • Stories
    1
  • Subdivision Name
    None
  • Tax Annual Amount
    3718
  • Tax Legal Description
    J & M MADDISON MINOR SUB, S26, T04 S, R05 W, Lot B, PLAT 2/ 172
  • Tax Year
    2024
  • Unparsed Address
    2 Kearney Lane
  • Utilities
    Electricity Connected, Sewer Available, Water Available
  • View
    Mountains, Rural, Southern Exposure, Trees Woods
  • View
    Yes
  • Water Source
    Public
  • Year Built
    1984

Contact So Red About This Listing

Listing Provided By Berkshire Hathaway - Sheridan, Nicholette Picken

Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.

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