Investment opportunity!!! Excellent rental property located in quiet part of town. Only a couple blocks from Headwaters Golf Course and Three Forks Public School. Great rental demand in Gallatin Valley and only 30 minutes from Bozeman. Gallatin, Madison, and Jefferson Rivers access as well as Headwaters of the Missouri River located within minutes.
86 Austin Drive is a fully functional duplex on 20 acres just outside Three Forks, bordering state land with open farmland and mountain views in every direction. Each unit is 1,512 square feet across two levels, totaling 3,024 square feet. The upper unit has four bedrooms, two full baths, a kitchen, dining area, and living room with hardwood flooring throughout. A covered porch off the main level frames the views. A wood stove anchors the living space. The lower unit is a fully self-contained walkout with its own kitchen, two bedrooms, a full bath, family room, and dedicated laundry with a separate entrance. Both units are move-in ready and independently functional. Outside you have an equipment barn, shed, and partial fencing. Metal roof. Concrete wall foundation. Well water, septic, and propane heat. Per Gallatin County, the property carries no zoning restrictions or land use limitations, with potential for a lot split — a meaningful detail at 20 acres. Live in one unit, rent the other. Straight investment. Multi-generational. The layout handles all of it. Twenty acres. State land on your fence line. No zoning. Lot split potential. $2,057 in annual taxes. No HOA.
Three Forks is located in Montana. Three Forks, Montana has a population of 2,084. Three Forks is more family-centric than the surrounding county with 36.73% of the households containing married families with children. The county average for households married with children is 34.15%.
The median household income in Three Forks, Montana is $70,405. The median household income for the surrounding county is $76,208 compared to the national median of $69,021. The median age of people living in Three Forks is 41 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 13 inches per year, with 32.1 inches of snow per year.
