4964 US Highway 89, Livingston, MT | MLS#:409201 1

4964 US Highway 89 | Livingston, MT

$1,300,000

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Original Amount: $1,300,000

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MultiFamily

About 4964 US Highway 89
Status: Active
Area: Park County
Listing Date: Mar 7, 2026
Subdivision: Rang
Type: MultiFamily
Year Built: 1946
Parking: 4+ Spaces/Unit
Levels/Stories: N/A
Acres: 1.01
MLS ID: 409201
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Behind dual front gates sits a rare multi-structure property offering exceptional flexibility and income-producing opportunity. The 2,409 square foot primary residence includes three bedrooms and two bathrooms and has been extensively upgraded with new wiring, HVAC, plumbing, insulation, membrane, wired smoke detectors, a Culligan water filtration and softening system, new 2x12 treated joists, new wood siding, and updated exterior lighting. The upstairs bathroom showcases an antique clawfoot tub with waxed water-repellent walls, adding character to a home that has been structurally strengthened and modernized. What sets this property apart is the scale of infrastructure already in place. In addition to the main residence, there is a fully separate cottage ready for occupancy with its own fenced private backyard and storage, creating immediate multi-unit potential. The large yard and expansive open space allow for clear separation between structures, enhancing privacy while supporting a multi-tenant or owner-occupy configuration. Multiple storage buildings throughout the property provide added value for tenants or business operations. An additional structure is ready to be built out as another cottage or bunkhouse, offering future expansion potential. Another detached building presents an ideal setup for a private office, studio, or small business headquarters on site. Three detached garage spaces — including a heated garage currently utilized as storage with baseboard heat, an insulated shop, and a covered lean-to — provide flexible use for tenants, storage, or revenue-generating purposes. The property offers abundant parking, including RV hookups, which further increase income potential and flexibility for both residential and business use. Supported by a 2,000-gallon septic system confirmed by Liberty Septic, the infrastructure is in place to accommodate a variety of multi-unit configurations (buyer to verify zoning and use allowances). Opportunities offering this level of privacy, infrastructure, expansion capability, and income potential in one cohesive package are increasingly rare.

Listing courtesy of: Infinite Properties Realty Gro

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