About 305 Boundary Street
A solid multi-unit investment opportunity in Sheridan, situated on 0.393± acres just two blocks from Main Street. This six-unit property includes a fourplex and duplex, offering a desirable mix of one- and two-bedroom residences with a long-standing history of consistent occupancy. The fourplex includes four 1-bedroom, 1-bath apartments, each with its own laundry area and designated storage. The duplex features two spacious 2-bedroom, 1-bath units, each with a laundry area and generously sized living spaces. Recent improvements further strengthen the property, including a new roof approximately three years ago, along with Trex decking, Diamond Kote siding and Milgard windows completed approximately one year ago. With six units in a convenient Sheridan location, an established rental history and substantial recent exterior improvements, this property offers an appealing opportunity for an investor looking to acquire or expand a multi-family portfolio in the Ruby Valley.
Features of 305 Boundary Street
| MLS® # | 415306 |
|---|---|
| Price | $975,000 |
| Acres | 0.39 |
| Year Built | 2005 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 305 Boundary Street |
|---|---|
| Area | 7MR - Madison - Ruby Valley |
| Subdivision | None |
| City | Sheridan |
| County | Madison |
| State | MT |
| Zip Code | 59749 |
Amenities
| Utilities | Electricity Available, Fiber Optic Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| View | Mountain(s), Valley |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate, Partially Carpeted, Plank, Vinyl |
|---|---|
| Appliances | Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer, Washer |
| Heating | Forced Air, Natural Gas |
| Cooling | Ceiling Fan(s) |
| Fireplace | No |
| Stories | One |
| Has Basement | No |
Exterior
| Exterior Features | Gravel Driveway |
|---|---|
| Lot Description | Lawn |
| Roof | Asphalt, Shingle |
Additional Information
| Date Listed | October 3rd, 2026 |
|---|---|
| Days on Market | 5 |
| Zoning | R2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Dawn Buttrey |
|---|---|
| Office | Resolute Roots Realty |