About 124/126 S 2nd
Units leased! Downtown mixed-use building with character, income, and flexibility in the historic district. This 8,151-square-foot property features six units of varying sizes, including two front-facing offices, plus a shared common area, kitchenette, conference rooms, A/C, and large windows that let in natural light and downtown views. An alley-accessed studio apartment creates a true live/work setup or an excellent short-term or long-term rental opportunity. Priced at a pro-forma 6.5% cap rate, the property offers an attractive investment with current cash flow and room to add value. Set in the historic downtown district with limited use restrictions and strong neighboring businesses, the building suits a range of concepts including professional services, retail, creative studios, residential, medical, or co-working. As a northern gateway to Yellowstone National Park and just a short drive from Bozeman, this location blends small town character with year-round visitor traffic. Floor plans are included in the listing photos.
Features of 124/126 S 2nd
| MLS® # | 414700 |
|---|---|
| Price | $849,000 |
| Year Built | 1934 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 124/126 S 2nd |
|---|---|
| Area | 6C - Livingston City Limits |
| Subdivision | Livingston Original Plat |
| City | Livingston |
| County | Park |
| State | MT |
| Zip Code | 59047 |
Amenities
| Utilities | Sewer Available, Water Available |
|---|---|
| Parking | Off Site, Paved, On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Varies by Unit |
| Fireplace | No |
| Stories | Other |
| Has Basement | No |
Additional Information
| Date Listed | September 9th, 2026 |
|---|---|
| Days on Market | 5 |
| Zoning | DD |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ryley Kerik |
|---|---|
| Office | Berkshire Hathaway - Bozeman |