About This Home

This 3-bedroom, 4-bathroom multi-family at 450 Montana Ave in Lovell, WY is listed for $209,000 ($109 per sqft). Built in 1950, the home offers 1,920 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1950
  • 0.20 acre lot
  • 2 stories

Property Details

2 stories
1950

Amenities

A/C
Listing Description

Income producing real estate in downtown Lovell, Wyoming with room to develop/expand. The property offers 3 apartment units and an additional rental space currently being operated as a beauty salon. Updates and amenities include a newer roof, furnace, hot water heater, new paint and flooring, new LED lighting, new vanities, vinyl siding, handicap accessibility to salon and lots of off-street parking.

All units have 1 year leases with various expiration dates. The seller pays all utilities (approximately $336 per month). Tenants remove all snow. The location is excellent and a very short walk to main street and local businesses, a short drive to the Big Horn Mountains for outdoor recreation on National Forest with hiking, ATV and horseback riding, fishing, camping and hunting galore. Cody, Wyoming is less than a 1-hour drive and Yellowstone National Park is just down the road.

Monthly Cost Estimate

$1,118/mo

20% down · 6.5% · 30 years

Principal$151
Interest$906
Insurance$61

Estimates only. Actual payments may vary.

Location

450 Montana Ave

Lovell, WY 82431

Original Town of Lovell

Features & Amenities

Interior Features

Handicap Access

Exterior Features

Natural Gas to PropertyStorageRV/Boat/Trailer Parking

Property Details

Flooring

Vinyl

Construction

Frame

Heating

Forced AirNatural Gas

Cooling

Window Unit(s)

Appliances

DryerMicrowaveOvenRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 4-bathroom multi-family at 450 Montana Ave is listed at $209,000 ($109/sqft). The estimated monthly payment is $1,118 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.20 acre lot, 2 stories. Interior Features: Handicap Access. Exterior Features: Natural Gas to Property, Storage, RV/Boat/Trailer Parking.

This property is listed by Lance Bower.

LB

Lance Bower

Agent at Canyon Real Estate, LLC

Listed by Canyon Real Estate, LLC · Broker phone: (307) 527-7092 · View on Broker Site · Broker website

MLS# 10032743· Source: Northwest Wyoming Board of Realtors· 71 days on PropertySimple

Copyright © 2026 Northwest Wyoming Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

450 Montana Ave, Lovell, WY 82431

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