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Prime investment opportunity at 423 S. Main Street in Three Forks! Whether you're looking for an Airbnb rental, multi family unit, a long-term rental, an owner-occupied income property, or a location for your business, this versatile property offers endless possibilities. Ideally situated on Main Street in the business district, the property offers the potential for an additional third building (subject to City approval). It is connected to city water and city sewer and is not in the floodplain. Charming from the start with welcoming front porch, real wood accents and timeless brick accents. The approximately 1,000+/- SF upper level features 3 bedrooms, 1 full bathroom, a spacious living room with a gas stove and a large kitchen. The approximately 1,000 +/- SF lower level includes 2 bedrooms, a bathroom, a full kitchen, dining area, gas stove and washer & dryer. The home has a proven rental history, with the upper and lower levels previously rented separately. There is space upstairs to install a stackable washer and dryer, and the lower level could easily be converted to include its own private entrance, creating two separate dwellings. Two newer water heaters ensure plenty of hot water to accommodate a full house of tenants or guests. Outside, you'll find a detached two-car garage with a wood stove plus a shop with electricity, making it perfect for a workshop, hobbies, storage, or small business needs. The fenced backyard includes a sand point well, providing a convenient water source for landscaping and outdoor use. With excellent Main Street visibility in the heart of Three Forks, this property is equally suited for rental, residential or commercial use. What an ideal live/work setup-live downstairs and operate your business on the main level! Don't miss this unique opportunity to own a versatile property with no HOA and exceptional income potential in one of Three Forks most visible locations.

Property Details of 423 S Main Street

Property Details

Interior Features

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Big Sky MLS / Gallatin Association

Based on information submitted to Big Sky MLS / Gallatin Association as of July 14, 2026 4:39 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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