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Tracy Weathers

tracy.weathers@engelvoelkers.com +1(406) 570-9095

$ 2,494,000

Est. payment -/mo

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Active

19 N Iris West Yellowstone, MT 59758

0.34 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision West Yellowstone Original Plat

MLS Listing ID 408901

Style Cabin, Contemporary

Year Built 2020

Annual Tax Amount $4,032

Tax Year 2025

Lot Size 0.344 Acres

Acres 0.3444

Property Sub-Type Multi Family

Property Description

Prime investment opportunity just 8 blocks from Yellowstone National Park's West Entrance. This fully furnished, turn-key short-term rental property includes two modern 4 bed, 3 bath cabins (built in 2020), each offering over 2,000 sq ft of living space. Designed with guest comfort and privacy in mind, both units feature open-concept kitchens, spacious living areas, game rooms, and fireplaces. The two homes share a beautifully landscaped yard with a large herringbone paver patio and fire pit—perfect for entertaining groups of up to 16 under the stars. Zoned and sized to allow for the construction of two additional homes, this 0.34-acre parcel offers significant expansion potential and long-term upside. Whether you're looking to grow a short-term rental portfolio or capitalize on the growing West Yellowstone market, this rare multi-unit opportunity blends income, location, and future development.

Location

State MT

County Gallatin

Area West Yellowstone

Direction located on Iris in West Yellowstone town

Interior

Interior Features Fireplace, Window Treatments

Heating Forced Air

Cooling Central Air

Flooring Hardwood

Fireplaces Type Gas

Fireplace Yes

Window Features Window Coverings

Appliance Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer

Exterior

Exterior Feature Concrete Driveway

Utilities Available Propane, Sewer Available, Water Available

Amenities Available Ski Accessible, Trail(s)

Waterfront Description None

Water Access Desc Public

View Trees/ Woods

Roof Type Asphalt

Street Surface Paved

Porch Covered, Patio, Porch

Building

Lot Description Adjacent To Public Land, Lawn

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Cabin, Contemporary

Level or Stories Two

Others

Tax ID 06-0062-34-2-06-25-0000

Ownership Full

Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing

Listing Terms Cash, 1031 Exchange, 3rd Party Financing

Special Listing Condition None

Listed by Misty Mountain Property

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Tracy Weathers

Advisor | License ID: 62644

+1(406) 570-9095

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