2 Kearney Lane, Sheridan, MT 59749
Madison County
Key Facts
Description
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!
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Style
Ranch
Year Built
1984
Lot Size
0.69 acres
Zoning
Residential
Days on Market
393
MLS® Listing#
30053556
Property Features
Basement
Laundry
Financial Details
Annual Taxes
$3,718
Tax year 2024
Parcel Number
25059326402400000
Directions
Corner of Kearney Ln and Mill Street just east of Sheridan
Affordability Calculator
$195,000
Estimated monthly payment
$5,189/mo
Principal $780,000 · Est. interest $1,088,169 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sheridan, MT
- $760,000
- Median Listing Price
- 132
- Median Days on Market
- 1,859
- Median Sq Ft
- $335
- Median Price / Sq Ft
- 12
- Active Listings
- This home’s price is 28% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Sheridan, MT.
Location
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Points of Interest in Sheridan, MT
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 401 Mill Street, Sheridan, MT | $715,000 | 3 | 2 | 1,859 |
| 120 & 126 Kearney Lane, Sheridan, MT | $799,000 | 5 | 3 | 2,652 |
| 25 Sundowner Road, Sheridan, MT | $825,000 | 2 | 2 | 1,152 |
| 68 Bieler Lane, Sheridan, MT | $899,000 | 3 | 3 | 1,704 |
| 46 Tuke Lane, Sheridan, MT | $950,000 | 4 | 3 | 3,770 |
| 55 Mountain View Road, Sheridan, MT | $1,150,000 | 4 | 3 | 3,528 |
Moving Cost Estimate
EXIT Agents in Sheridan
Listing Courtesy: Berkshire Hathaway HomeServices - Sheridan - 4068425650
Presented by: Nicholette Picken
Last Updated: 2025-06-03