Real Estate Investment Properties for Sale in Red Lodge, MT

Looking for investment property in Red Lodge, MT with high ROI ?

Explore a variety of short-term homes & houses in Red Lodge, MT. Invest wisely with VRBO & Red Lodge, MT Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Red Lodge, MT

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2225 Pine Ridge Road Red Lodge, MT Experience breathtaking Beartooth Mountain and Ski Hill views from this beautifully mainta...	3 beds \| 2 baths \| 1,530 sq.ft.	$674,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 1.79% Airbnb Rental Income: $1895 Traditional Rental Income: $2086 Airbnb ROI: 0.69% Traditional ROI: 1.79%
5 Comanche Trail Red Lodge, MT Set just moments from Red Lodge Mountain and the town of Red Lodge, this 4-bedroom, 4-bath...	4 beds \| 4 baths \| 3,334 sq.ft.	$849,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 3.38% Airbnb Rental Income: $2889 Traditional Rental Income: $3881 Airbnb ROI: 1.28% Traditional ROI: 3.38%
16 Alpine Basin Trail Red Lodge, MT Alpine Basin is the newest resort community in Red Lodge, featuring open floorplans & easy...	3 beds \| 3 baths \| 2,149 sq.ft.	$804,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 1.8% Airbnb Rental Income: $1895 Traditional Rental Income: $3083 Airbnb ROI: -0.46% Traditional ROI: 1.8%
45 Alpine Basin Loop Red Lodge, MT Alpine Basin is Red Lodge's newest resort community! Nestled in, just minutes from downtow...	2 beds \| 2 baths \| 1,187 sq.ft.	$555,900	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.86% Airbnb Rental Income: $1578 Traditional Rental Income: $2114 Airbnb ROI: -0.04% Traditional ROI: 1.86%
47 Alpine Basin Loop Red Lodge, MT Alpine Basin is Red Lodge's newest resort community! Nestled in, just minutes from downtow...	2 beds \| 2 baths \| 1,187 sq.ft.	$565,900	Airbnb cash on cash: -0.05% Traditional cash on cash: 1.81% Airbnb Rental Income: $1578 Traditional Rental Income: $2114 Airbnb ROI: -0.05% Traditional ROI: 1.81%
13 Alpine Basin Trail Red Lodge, MT Alpine Basin is the newest resort community in Red Lodge, featuring open floorplans & easy...	3 beds \| 3 baths \| 2,149 sq.ft.	$784,900	Airbnb cash on cash: 0.14% Traditional cash on cash: 2.46% Airbnb Rental Income: $1895 Traditional Rental Income: $3083 Airbnb ROI: 0.14% Traditional ROI: 2.46%
17 Alpine Basin loop Red Lodge, MT Come join the Alpine Basin community while you still can! This charming 2 bedroom/2 bath t...	2 beds \| 2 baths \| 1,223 sq.ft.	$555,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 2.06% Airbnb Rental Income: $1578 Traditional Rental Income: $2144 Airbnb ROI: 0.1% Traditional ROI: 2.06%
15 Alpine Basin Trail Red Lodge, MT Alpine Basin is the newest resort community in Red Lodge, featuring open floorplans & easy...	3 beds \| 3 baths \| 2,149 sq.ft.	$784,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 1.87% Airbnb Rental Income: $1895 Traditional Rental Income: $3083 Airbnb ROI: -0.44% Traditional ROI: 1.87%
46 Sage Run Lane Red Lodge, MT Tucked into the rolling foothills where the Beartooth Mountains meet Montana sky, 46 Sage ...	2 beds \| 2 baths \| 1,909 sq.ft.	$1,290,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 0.73% Airbnb Rental Income: $1578 Traditional Rental Income: $2489 Airbnb ROI: -0.41% Traditional ROI: 0.73%
1505 Broadway Ave. S #206 Red Lodge, MT Live here, rent it out short term, or rent it out long term!! Enjoy the indoor pool and ho...	2 beds \| 1 baths \| 900 sq.ft.	$275,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 4.08% Airbnb Rental Income: $1578 Traditional Rental Income: $1437 Airbnb ROI: 2.88% Traditional ROI: 4.08%
2A Timberline Townhomes 1125 Adams Ave S Red Lodge, MT Timberline Townhomes offers an affordable & NEW construction townhouse opportunity in down...	3 beds \| 2 baths \| 1,307 sq.ft.	$454,900	Airbnb cash on cash: 1.78% Traditional cash on cash: 3.77% Airbnb Rental Income: $1895 Traditional Rental Income: $2238 Airbnb ROI: 1.78% Traditional ROI: 3.77%
2909 Elderberry Avenue #7 Red Lodge, MT I'll be your Elderberry-Looking for a Red Lodge getaway or a full-time home? This breathta...	3 beds \| 2 baths \| 1,375 sq.ft.	$424,500	Airbnb cash on cash: 1.69% Traditional cash on cash: 3.71% Airbnb Rental Income: $1895 Traditional Rental Income: $2195 Airbnb ROI: 1.69% Traditional ROI: 3.71%
11 Alpine Basin Loop Red Lodge, MT Don't miss this resale opportunity in the desirable Alpine Basin Townhomes. Unlike NEW con...	2 beds \| 2 baths \| 1,223 sq.ft.	$539,888	Airbnb cash on cash: 0.58% Traditional cash on cash: 2.95% Airbnb Rental Income: $1578 Traditional Rental Income: $2322 Airbnb ROI: 0.58% Traditional ROI: 2.95%
17 Bighorn Red Lodge, MT Retreat to your mountain haven! This stunning 5,294 sq ft home near Red Lodge, Montana boa...	3 beds \| 4 baths \| 5,294 sq.ft.	$1,650,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.44% Airbnb Rental Income: $1895 Traditional Rental Income: $2949 Airbnb ROI: -0.58% Traditional ROI: 0.44%
820 N Bonner Avenue Red Lodge, MT Welcome to downtown Red Lodge, where trails, dining, shops, and wildlife are all just step...	3 beds \| 2 baths \| 1,228 sq.ft.	$467,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.38% Airbnb Rental Income: $1895 Traditional Rental Income: $2263 Airbnb ROI: 1.39% Traditional ROI: 3.38%
62 Alpine Basin Loop Red Lodge, MT Alpine Basin is the newest resort community in Red Lodge, featuring open floorplans & easy...	3 beds \| 3 baths \| 2,149 sq.ft.	$794,900	Airbnb cash on cash: -0.49% Traditional cash on cash: 1.94% Airbnb Rental Income: $1895 Traditional Rental Income: $3190 Airbnb ROI: -0.49% Traditional ROI: 1.94%
740 Lower Continental Drive #10 Red Lodge, MT Kick back on the front deck or private upstairs balcony of this cozy 2BR/2BA Mountain View...	2 beds \| 2 baths \| 1,280 sq.ft.	$389,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.07% Airbnb Rental Income: $1578 Traditional Rental Income: $2001 Airbnb ROI: 0.67% Traditional ROI: 3.07%
15 Spruce Lane #15 Red Lodge, MT Great patio home in high demand area of the RLCCE. The home is nestled in the Red Lodge Mo...	3 beds \| 2 baths \| 1,403 sq.ft.	$495,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 4.07% Airbnb Rental Income: $1895 Traditional Rental Income: $2673 Airbnb ROI: 1.3% Traditional ROI: 4.07%
23 Silver Run Road Red Lodge, MT Set on 2.5 acres of Montana landscape, this cozy 3-bed, 2-bath cabin offers a quiet base i...	3 beds \| 2 baths \| 1,594 sq.ft.	$925,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 1.41% Airbnb Rental Income: $1895 Traditional Rental Income: $2383 Airbnb ROI: 0.26% Traditional ROI: 1.41%
1125 Adams Ave. S #16 Red Lodge, MT Timberline Townhomes offers an affordable & NEW construction townhouse opportunity in down...	3 beds \| 2 baths \| 1,307 sq.ft.	$464,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.71% Airbnb Rental Income: $1895 Traditional Rental Income: $2239 Airbnb ROI: 1.76% Traditional ROI: 3.71%
1125 Adams Ave S #17 Red Lodge, MT Timberline Townhomes offers an affordable & NEW construction townhouse opportunity in down...	3 beds \| 2 baths \| 1,307 sq.ft.	$464,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.6% Airbnb Rental Income: $1895 Traditional Rental Income: $2191 Airbnb ROI: 1.76% Traditional ROI: 3.6%
1125 Adams Ave S #6 Red Lodge, MT Timberline Townhomes offers an affordable & NEW construction townhouse opportunity in down...	3 beds \| 2 baths \| 1,307 sq.ft.	$464,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.71% Airbnb Rental Income: $1895 Traditional Rental Income: $2239 Airbnb ROI: 1.76% Traditional ROI: 3.71%
1125 Adams Ave S #7 Red Lodge, MT Timberline Townhomes offers an affordable & NEW construction townhouse opportunity in down...	3 beds \| 2 baths \| 1,307 sq.ft.	$464,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.6% Airbnb Rental Income: $1895 Traditional Rental Income: $2191 Airbnb ROI: 1.76% Traditional ROI: 3.6%
1125 Adams Ave S #8 Red Lodge, MT Timberline Townhomes offers an affordable & NEW construction townhouse opportunity in down...	3 beds \| 2 baths \| 1,307 sq.ft.	$464,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.6% Airbnb Rental Income: $1895 Traditional Rental Income: $2191 Airbnb ROI: 1.76% Traditional ROI: 3.6%
1125 Adams Ave S #9 Red Lodge, MT Timberline Townhomes offers an affordable & NEW construction townhouse opportunity in down...	3 beds \| 2 baths \| 1,307 sq.ft.	$464,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.71% Airbnb Rental Income: $1895 Traditional Rental Income: $2239 Airbnb ROI: 1.76% Traditional ROI: 3.71%
1125 Adams Ave S #5 Red Lodge, MT Timberline Townhomes offers an affordable & NEW construction townhouse opportunity in down...	3 beds \| 2 baths \| 1,307 sq.ft.	$469,900	Airbnb cash on cash: 1.73% Traditional cash on cash: 3.55% Airbnb Rental Income: $1895 Traditional Rental Income: $2191 Airbnb ROI: 1.73% Traditional ROI: 3.55%
1125 Adams Ave S #10 Red Lodge, MT Timberline Townhomes offers an affordable & NEW construction townhouse opportunity in down...	3 beds \| 2 baths \| 1,307 sq.ft.	$469,900	Airbnb cash on cash: 1.73% Traditional cash on cash: 3.55% Airbnb Rental Income: $1895 Traditional Rental Income: $2191 Airbnb ROI: 1.73% Traditional ROI: 3.55%
1125 Adams Ave S #15 Red Lodge, MT Timberline Townhomes offers an affordable & NEW construction townhouse opportunity in down...	3 beds \| 2 baths \| 1,307 sq.ft.	$469,900	Airbnb cash on cash: 1.73% Traditional cash on cash: 3.66% Airbnb Rental Income: $1895 Traditional Rental Income: $2239 Airbnb ROI: 1.73% Traditional ROI: 3.66%
1125 Adams Ave S #18 Red Lodge, MT Timberline Townhomes offers an affordable & NEW construction townhouse opportunity in down...	3 beds \| 2 baths \| 1,307 sq.ft.	$475,075	Airbnb cash on cash: 1.7% Traditional cash on cash: 3.61% Airbnb Rental Income: $1895 Traditional Rental Income: $2239 Airbnb ROI: 1.7% Traditional ROI: 3.61%
716 Lazy M Street Red Lodge, MT This fully furnished 4-bedroom, 3-bath townhome with a two-stall garage offers a turnkey o...	4 beds \| 3 baths \| 2,216 sq.ft.	$535,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 4.42% Airbnb Rental Income: $2889 Traditional Rental Income: $3058 Airbnb ROI: 2.74% Traditional ROI: 4.42%
2445 Pine Ridge Road Red Lodge, MT Absolutely the best views from a new construction home currently on market. Incredible, un...	3 beds \| 3 baths \| 2,128 sq.ft.	$899,888	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.39% Airbnb Rental Income: $1895 Traditional Rental Income: $2986 Airbnb ROI: 0.48% Traditional ROI: 2.39%
3005 Baneberry Avenue Red Lodge, MT Beautiful single level home offering views of the ski area, nearby trails & city services....	3 beds \| 2 baths \| 1,602 sq.ft.	$649,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 3.12% Airbnb Rental Income: $1895 Traditional Rental Income: $2638 Airbnb ROI: 1.06% Traditional ROI: 3.12%
3009 Baneberry Avenue Red Lodge, MT This professionally & thoughtfully designed home is currently under construction in The Sp...	3 beds \| 2 baths \| 1,606 sq.ft.	$649,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 3.12% Airbnb Rental Income: $1895 Traditional Rental Income: $2637 Airbnb ROI: 1.06% Traditional ROI: 3.12%
198 Meeteetse Trail Road Red Lodge, MT Welcome to the Lone Star Ranchette, where breathtaking Pryor Mountain views and timeless M...	3 beds \| 4 baths \| 3,264 sq.ft.	$1,799,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 0.72% Airbnb Rental Income: $1895 Traditional Rental Income: $3402 Airbnb ROI: -0.48% Traditional ROI: 0.72%
22 Big Sky Drive Red Lodge, MT A beautiful Montana home nestled in the highly sought after Remington Ranch subdivision. T...	3 beds \| 3 baths \| 2,965 sq.ft.	$849,999	Airbnb cash on cash: 0.25% Traditional cash on cash: 2.34% Airbnb Rental Income: $1895 Traditional Rental Income: $3049 Airbnb ROI: 0.25% Traditional ROI: 2.34%
94 Sheep Mountain Road W 614 AC State Lease) Red Lodge, MT Stunning 5 BR/5.5 BA Sheep Mountain home near Red Lodge. This incredible property sits pri...	5 beds \| 6 baths \| 6,429 sq.ft.	$5,400,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 0.03% Airbnb Rental Income: $3437 Traditional Rental Income: $6692 Airbnb ROI: -0.78% Traditional ROI: 0.03%
1 Hillside Red Lodge, MT A gorgeous piece of Montana at a reasonable price!!! Close to town but still your own spac...	2 beds \| 1 baths \| 1,408 sq.ft.	$699,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 1.04% Airbnb Rental Income: $1578 Traditional Rental Income: $1686 Airbnb ROI: 0.18% Traditional ROI: 1.04%
74 Lower Luther Road Red Lodge, MT 74 Lower Luther Road in Red Lodge, Montana, is a handcrafted, meticulously maintained log ...	2 beds \| 1 baths \| 1,460 sq.ft.	$1,099,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 0.25% Airbnb Rental Income: $1578 Traditional Rental Income: $1617 Airbnb ROI: -0.23% Traditional ROI: 0.25%
74 Big Sky Drive Red Lodge, MT Discover refined Scandinavian-style luxury at 74 Big Sky Dr. in Red Lodge, MT. This 3-bed,...	3 beds \| 3 baths \| 2,155 sq.ft.	$1,080,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 0.98% Airbnb Rental Income: $1895 Traditional Rental Income: $2921 Airbnb ROI: -0.54% Traditional ROI: 0.98%
235 Upper Red Lodge Creek Red Lodge, MT Welcome to your retreat, where nature, comfort, and adventure come together. The home feat...	5 beds \| 5 baths \| 3,859 sq.ft.	$2,750,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 1.01% Airbnb Rental Income: $3437 Traditional Rental Income: $5906 Airbnb ROI: -0.26% Traditional ROI: 1.01%

Real Estate investment in Red-lodge, MT

There are 99 properties for sale in the city of Red Lodge . The median list price in Red Lodge is $454,765 and the average price per square foot is $219. In June 2026, the average monthly cash on cash return in Red Lodge is 3.00%. The average monthly rental income in Red Lodge is $2,593.

Red-lodge, MT Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 99 investment properties available for sale in Red-lodge.

In 2026, the best neighborhood to buy investment property is Red Lodge.

The ROI for Long-Term is higher than the Short-Term in Red-lodge with average rental income of $2,593.

Your search for investment property begins and ends here

Investment Property for Sale in Red Lodge, MT

2225 Pine Ridge Road

Red Lodge, MT

3 beds | 2 baths | 1,530 sq.ft.

$674,900

Airbnb cash on cash: 0.69%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $1895

Traditional Rental Income: $2086

Airbnb ROI: 0.69%

Traditional ROI: 1.79%

5 Comanche Trail

Red Lodge, MT

4 beds | 4 baths | 3,334 sq.ft.

$849,900

Airbnb cash on cash: 1.28%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $2889

Traditional Rental Income: $3881

Airbnb ROI: 1.28%

Traditional ROI: 3.38%

16 Alpine Basin Trail

Red Lodge, MT

3 beds | 3 baths | 2,149 sq.ft.

$804,900

Airbnb cash on cash: -0.46%

Traditional cash on cash: 1.8%

Airbnb Rental Income: $1895

Traditional Rental Income: $3083

Airbnb ROI: -0.46%

Traditional ROI: 1.8%

45 Alpine Basin Loop

Red Lodge, MT

2 beds | 2 baths | 1,187 sq.ft.

$555,900

Airbnb cash on cash: -0.04%

Traditional cash on cash: 1.86%

Airbnb Rental Income: $1578

Traditional Rental Income: $2114

Airbnb ROI: -0.04%

Traditional ROI: 1.86%

47 Alpine Basin Loop

Red Lodge, MT

2 beds | 2 baths | 1,187 sq.ft.

$565,900

Airbnb cash on cash: -0.05%

Traditional cash on cash: 1.81%

Airbnb Rental Income: $1578

Traditional Rental Income: $2114

Airbnb ROI: -0.05%

Traditional ROI: 1.81%

13 Alpine Basin Trail

Red Lodge, MT

3 beds | 3 baths | 2,149 sq.ft.

$784,900

Airbnb cash on cash: 0.14%

Traditional cash on cash: 2.46%

Airbnb Rental Income: $1895

Traditional Rental Income: $3083

Airbnb ROI: 0.14%

Traditional ROI: 2.46%

17 Alpine Basin loop

Red Lodge, MT

2 beds | 2 baths | 1,223 sq.ft.

$555,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $1578

Traditional Rental Income: $2144

Airbnb ROI: 0.1%

Traditional ROI: 2.06%

15 Alpine Basin Trail

Red Lodge, MT

3 beds | 3 baths | 2,149 sq.ft.

$784,900

Airbnb cash on cash: -0.44%

Traditional cash on cash: 1.87%

Airbnb Rental Income: $1895

Traditional Rental Income: $3083

Airbnb ROI: -0.44%