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  • Price cut: $149K (6/16)
    $950,000

    101 E Lincoln Blvd, Libby, MT 59923

    --beds
    --baths
    30,000sqft
    : 
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    Multi Family, Apartment
    Built in 1916
    -- sqft lot
    $-- Zestimate®
    $32/sqft
    $-- HOA

    What's special

    Distinctive architectural details
    Bring new life to one of Libby's most recognizable landmarks. Built in 1916, the Historic Libby High School stands as a striking example of Collegiate Gothic architecture and was proudly placed on the National Register of Historic Places in 2008. Situated on a 1.74 acre lot in the heart of downtown Libby, Montana, this impressive approximately 30,000 square foot brick structure offers two floors plus a full basement and tremendous redevelopment potential. The building is currently in the demolition and reconstruction phase, leaving a mostly open shell ready for visionary transformation. While the structure requires extensive repairs, the bones of the building remain, including soaring 12-foot ceilings, and distinctive architectural details that create the perfect canvas for an adaptive reuse project. More This property presents an exceptional opportunity to develop loft-style apartments, mixed-use commercial and residential space, creative live/work units or boutique hospitality or community-focused redevelopment. Its central downtown location places the project within walking distance of Libby's businesses, services, and community amenities, making it ideal for a vibrant redevelopment. Even more compelling, the project qualifies for significant preservation incentives, including, a Federal Historic Rehabilitation Tax Credit and a Montana Historic Preservation Tax Credit. These programs can substantially offset renovation costs and make restoring this landmark financially attractive. Help bring this iconic structure back to life -- and create the project everyone in town will be talking about!
    125 days
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    235
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    16
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    Zillow last checked:

    Listing updated:

    Listed by:

    Steven McNulty 406-291-1890,

    CENTURY 21 Summit Realty

    Source: MRMLS,MLS#: 30066399MLS Logo

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      Facts & features

      Interior

      Features
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 30,000
      • Total interior livable area: 30,000 sqft

      Property

      Features
      • Levels: Three Or More
      Lot
      • Size: 1.74 Acres
      Details
      • Parcel number: 56417503326040000
      • Zoning description: Business/Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family, Apartment
      Materials
      • Brick
      • Foundation: See Remarks, Basement
      Condition
      • See Remarks
      • New construction: No
      • Year built: 1916

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Libby

      Financial & listing details

      • Price per square foot: $32/sqft
      • Tax assessed value: $157,708
      • Annual tax amount: $2,056
      • Date on market: 3/10/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,138/mo

        Price history

        DateEventPrice
        6/16/2026Price change$950,000-13.6%$32/sqft
        Source: MRMLS #30066399 Report a problem
        3/10/2026Listed for sale$1,099,000$37/sqft
        Source: MRMLS #30066399 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$662 +81.8%$157,708 +190%
        2024$364 +6.3%$54,376
        2023$342 +5.8%$54,376 +39.4%
        2022$324 +7.3%$39,010
        2021$301 +21.8%$39,010 +48.2%
        2020$247 -0.9%$26,318
        2019$250 -86.4%$26,318 -48%
        2018$1,833 +284.7%$50,607
        2017$476 -82.4%$50,607 -59%
        2016$2,702 +152.7%$123,516
        2015$1,069 +58.8%$123,516 +166.6%
        2014$673 $46,329
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 59923

        Getting around

        76 / 100
        Very Walkable
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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