Investment - Homes for Sale in Billings, MT

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  /14

  $225,000

  612 N 15th St, Billings, MT 59101

  Investment Opportunity! This property offers incredible potential for the savvy investor. The front home features 2 bedrooms and 1 bathroom, currently rented. Behind the main house, you’ll find an efficiency ADU with alley access, perfect for additional income or guest accommodations. Also included on the property is a mobile home shell, providing an opportunity for someone to finish and maximize

  

  Jamie Lee Rindahl

  eXp Realty, LLC - Billings

  (406) 980-8840

  612 N 15th St, Billings, MT 59101
• Explore Billings

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  /26

  $365,000

  • 2,005 Sq Ft

  2646 Rimrock Rd, Billings, MT 59102

  Fully Rented Duplex! This fully rented duplex is a fantastic opportunity to step into ownership with rental income from day one. Located near schools, shopping, and amenities, it’s a smart addition to any investment portfolio.

  

  Jamie Lee Rindahl

  eXp Realty, LLC - Billings

  (406) 578-7423

  2646 Rimrock Rd, Billings, MT 59102
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  /22

  $350,000

  • 1,800 Sq Ft

  2644 Rimrock Rd, Billings, MT 59102

  Great Investment Opportunity! This triplex offers an incredible opportunity for investors. Situated near schools, shopping, colleges, and the hospital—this is a highly desirable rental location on Rimrock Road. Add it to your portfolio for a rare multi-unit package.

  

  Jamie Lee Rindahl

  eXp Realty, LLC - Billings

  (406) 476-5024

  2644 Rimrock Rd, Billings, MT 59102
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  /18

  $1,750,000

  • Land
  • 80 Acres
  • $21,875 per Acre

  6211 Central Ave, Billings, MT 59106

  Prime development opportunity in West End Billings. This exceptional parcel is ideally suited for a subdivision, investment hold, or hobby farm. Strategically positioned at the northeast corner of 64th & Central, the property offers excellent road frontage, gentle terrain, transferable ditch shares, power to, & gas nearby. Currently used as irrigated farmland, the property features Hogan's Slough

  Scott Schulz

  6211 Central Ave, Billings, MT 59106
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  /7

  $650,000

  • 3,808 Sq Ft

  1635 Kelby Dr, Billings, MT 59105

  Incredible investment opportunity! Rent them all or live in one unit and rent the others!! Fourplex with all 2 bed/1 bath units and detached garages (one garage per unit with manual doors) plus additional off-street parking. Two units upstairs and two units downstairs. Boiler system for heat offers efficiency. Landlord pays water, gas (boiler), sewer and garbage; tenants pay electricity. 100

  Korinne Rice Berkshire Hathaway HS Floberg

  1635 Kelby Dr, Billings, MT 59105
• 

  

  /7

  $650,000

  • 3,808 Sq Ft

  1612 Kelby Dr, Billings, MT 59105

  Incredible investment opportunity! Rent them all or live in one unit and rent the others!! Fourplex with all 2 bed/1 bath units and detached garages (one garage per unit with manual doors) plus additional off-street parking. Two units upstairs and two units downstairs. Boiler system for heat offers efficiency. Landlord pays water, gas (boiler), sewer and garbage; tenants pay electricity. 100

  Korinne Rice Berkshire Hathaway HS Floberg

  1612 Kelby Dr, Billings, MT 59105
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  /4

  $140,000

  0 Clubhouse Way, Billings, MT 59105

  Exciting Opportunity: Your Future Awaits! Discover the potential of this expansive 16,800 sq ft clubhouse lot, perfectly positioned at a dynamic corner with an impressive 260 feet of road frontage. Imagine the possibilities that await you! After consulting with the city of Billings, we’ve learned that this property could accommodate up to multiple duplexes, opening the door to a lucrative

  Tara Wolf Tara Wolf Realty, LLC

  0 Clubhouse Way, Billings, MT 59105
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  /16

  $60,000

  • 3 Beds
  • 2 Baths
  • 1,216 Sq Ft

  31 Wheatland Dr, Billings, MT 59102

  Welcome to 31 Wheatland Drive—this well-maintained home offers functional living with a spacious layout and practical updates throughout. Featuring 3 bedrooms, 2 bathrooms, an open-concept living area, and a generously sized kitchen, this property is move-in ready with room to personalize. Outside, you’ll find a storage shed and off-street parking. Located in a quiet neighborhood with easy access

  Gionne Ciccotelli Engel & Voelkers

  31 Wheatland Dr, Billings, MT 59102
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  /4

  $389,900

  • 2,316 Sq Ft

  1114 N 24th St, Billings, MT 59101

  Fantastic Investment Opportunity. 4 Units within walking distance to the hospitals, downtown and college. Low Vacancy. Well maintained One 2 Bedroom Unit, 2 One Bedroom Units, One Efficiency Unit. All units have their own electric meters. Sunnyside Water Association supplies irrigation water

  Brenda Zimmerer A A A Realty, Inc.

  1114 N 24th St, Billings, MT 59101
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  /3

  $521,000 New Construction

  • 4 Beds
  • 4 Baths
  • 2,140 Sq Ft

  Trout Creek Duplex Plan at Annafeld - Annafeld - Duplexes, Billings, MT 59101

  Introducing the Trout Creek Duplex Plan, a spacious and flexible home offering 4 bedrooms, 4 baths , 2 single car garages within approximately 2,852 square feet of well-planned living space.From the front porch to the private back patios, the Trout Creek welcomes you into a home designed for connection, comfort, and possibility. Each side of the duplex features its own inviting layout with open

  McCall Homes Builder

  1804 St Paul Ln Unit 37017771, Billings, MT 59101
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  /25

  $384,900

  • 4 Beds
  • 2 Baths
  • 1,644 Sq Ft

  1143 N 24th St, Billings, MT 59101

  This turnkey duplex offers a rare investment opportunity in a high-demand area. Ideally located near hospitals and Billings’ vibrant downtown, the property is perfectly suited for investors seeking both passive and active income. The upper unit operates as a fully furnished Airbnb with excellent rental potential, while the lower unit is leased on a short-term basis. Providing consistent income

  Truthe West Keller Williams Yellowstone Properties

  1143 N 24th St, Billings, MT 59101
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  /32

  $611,000 New Construction

  • 2,578 Sq Ft

  6152 Northstead Ave, Billings, MT 59101

  Here’s your chance to put down roots in Annafeld while making a smart investment for the future. This thoughtfully designed duplex brings together two of our favorite townhomes. On one side, the Clearwater Creek offers three bedrooms, two and a half baths, and a roomy two-car garage—plenty of space for growing families or long-term guests. On the other, the Cottonwood Creek is just right for a

  Jerred Bies McCall Real Estate

  6152 Northstead Ave, Billings, MT 59101
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  /26

  $749,500

  • 5 Beds
  • 3 Baths
  • 2,346 Sq Ft

  507 Bench Blvd, Billings, MT 59105

  Set on a generous 1.18 acre parcel, this property includes two standalone homes and room for a 3rd, making it perfect for dual living, income generation, or expansion. The main home has 4 bed and 2 bath, the back home is 2 bed 1 bath. Whether you’re looking for space to spread out or a strategic investment, this location delivers—right in the heart of the Heights with quick access to everything

  Shelby Waldron Waldron & Associates

  507 Bench Blvd, Billings, MT 59105
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  /9

  $74,900

  TBD Central Avenue (Lot 7), Billings, MT 59106

  Build your dream home on this 1-acre lot located in the desirable West Meadows Subdivision. This property is approved for an individual septic system and cistern, giving you flexibility and independence for your utilities. The subdivision also provides access to an irrigation water system, making it easy to maintain landscaping, gardens, or a lush yard throughout the seasons. Enjoy the balance of

  Aaron Redland eXp Realty, LLC - Billings

  TBD Central Avenue (Lot 7), Billings, MT 59106
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  /27

  $299,900

  • 1 Bed
  • 1 Bath
  • 1,240 Sq Ft

  823 N 18th St, Billings, MT 59101

  Great investment property near the college and hospitals! Two separate homes—823 and 823 1/2—sit on a fenced lot with freshly graveled driveways. Live in one and have the other help pay your mortgage or keep both as rentals. Unit #1 offers 1,240 sq ft, a recent remodel, spacious layout with potential for a second bedroom, and a covered carport. Unit #2 is a 600 sq ft 1-bed, 1-bath unit with alley

  Megan Hoban eXp Realty, LLC - Billings

  823 N 18th St, Billings, MT 59101
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  /20

  $159,900

  • 1,354 Sq Ft

  3510 5th Ave S, Billings, MT 59101

  Stellar investment opportunity! Affordable up/down style home! 2 bedroom 1 full bathroom unit on main level, 1 bedroom 1 full bathroom in basement level. Some windows were replaced in 2024 and 2025. New gutters 2025. New powerline hookup to the house for northwestern energy 2025. Upstairs apartment refresh remodel in 2025 - upstairs, new carpet, new paint in the bedrooms & new kitchen faucet. Off

  Elizabeth Shumaker White Lotus Realty

  3510 5th Ave S, Billings, MT 59101
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  /36

  $1,990,000 New Construction

  • 7,864 Sq Ft

  4633 King Ave W, Billings, MT 59106

  Brand new 6-plex in Ridgeline Subdivision on Billings’ West End, built by CB Built with an emphasis on quality and long-term value. This stunning property features high-end finishes and a well-balanced unit mix ideal for strong rental income: two 2 bed, 1 bath units; two 2 bed, 2 bath units; and two 3 bed, 2.5 bath units. Each unit offers thoughtful design, modern layouts, and upscale touches

  James Coleman Metro, REALTORS L.L.P

  4633 King Ave W, Billings, MT 59106
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  /26

  $319,650

  • 5 Beds
  • 3 Baths
  • 2,240 Sq Ft

  3385 Granger Ave S Unit 27, Billings, MT 59102

  Looking for your first home or Investment Opportunity? This townhome features 5 Bedrooms, 3 full bathrooms, and 2 living spaces. Great open floor plan with exterior deck and side yard to enjoy. Great location to shopping, schools, restaurants, and so much more. Hoa covers exterior maintenance, Studs out Insurance, Lawn, and Water $210 a month. Also has a handicap accessible ramp. INVESTORS CAN

  Lauraleah Griffin Meridian Real Estate LLC

  3385 Granger Ave S Unit 27, Billings, MT 59102
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  /15

  $355,000

  • 4 Beds
  • 2 Baths
  • 1,924 Sq Ft

  109 16th St W, Billings, MT 59102

  AFFORDABLE UP/DOWN HOME in a convenient location close to schools – shopping – restaurants – bowling & groceries! With 2 bedrooms, 1 full bath unit on the main floor as well as an additional full living space downstairs featuring EGRESS windows, 2 bedrooms 1 full bath and a complete kitchen make for a great opportunity for an owner-occupied investment property or great single-family home. Some of

  Brian Borich ERA American Real Estate

  109 16th St W, Billings, MT 59102
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  /10

  $158,000

  • 2 Beds
  • 1 Bath
  • 1,728 Sq Ft

  38 Broadwater Ave, Billings, MT 59101

  This home offers a great investment opportunity with tons of room to add value. The main level has two well-sized bedrooms and one full bathroom, while the lower level has three additional non-egress bedrooms ideal for maximizing rental potential or creating separate living spaces with future updates. Several major improvements have already been taken care of, including updated wiring, a recently

  Elian Diaz Billings Best Real Estate

  38 Broadwater Ave, Billings, MT 59101
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  /24

  $866,800

  3385 Granger Ave S Unit 24, 26, 27, Billings, MT 59102

  Great investment property! Unit #27 & 24 features 5 Bedrooms, 3 full bathrooms, and 2 living spaces. Unit 27 has wheel chair accessible ramp. Unit #24 has a wheelchair accessible lift (unknown Condition for wheelchair accessible lift, never used) . Great open floor plans with exterior deck to enjoy. Unit #26 features 2 bedroom 2 bath with deck. Great location to shopping, schools, restaurants,

  Lauraleah Griffin Meridian Real Estate LLC

  3385 Granger Ave S Unit 24, 26, 27, Billings, MT 59102
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  /32

  $319,650

  • 5 Beds
  • 3 Baths
  • 2,240 Sq Ft

  3385 Granger Ave S Unit 24, Billings, MT 59102

  Looking for your first home or a great investment property? This townhome features 5 Bedrooms, 3 full bathrooms, and 2 living spaces. It also has a wheelchair accessible lift (unknown Condition for wheelchair accessible lift). Great open floor plan with exterior deck to enjoy. Great location to shopping, schools, restaurants, and so much more. Hoa covers exterior maintenance, Studs out

  Lauraleah Griffin Meridian Real Estate LLC

  3385 Granger Ave S Unit 24, Billings, MT 59102
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  /27

  $385,950

  • 3 Beds
  • 2 Baths
  • 1,365 Sq Ft

  933 Bench Blvd, Billings, MT 59105

  Perfectly positioned in a high-demand area, this property delivers both convenience and opportunity. Whether you’re looking for a comfortable place to live or a smart investment, this address checks the boxes. Enjoy quick access to amenities, great neighborhood appeal, and strong long-term growth potential. Nice updated single family home and a large shop in the back yard will driveway access.

  Shelby Waldron Waldron & Associates

  933 Bench Blvd, Billings, MT 59105
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  /36

  $659,000

  • 3,276 Sq Ft

  1322 Babcock Cir, Billings, MT 59105

  Looking for a duplex investment? Look no further! Both units were remodeled a few years back with nice fixtures, appliances and LVP flooring. Each unit is a split level style, featuring on the upper level: open living/dining room with wood fireplace, kitchen with stainless appliances and granite counters, 2 bedrooms and full bath. Lower level offers an additional family room with wood fireplace,

  SaraBeth Owens Western Skies Real Estate

  1322 Babcock Cir, Billings, MT 59105
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  /7

  $650,000

  • 3,728 Sq Ft

  2032 Clubhouse Way, Billings, MT 59105

  Incredible investment opportunity! Rent them all or live in one unit and rent the others!! Fourplex with all 2 bed/1 bath units and detached garages (one garage per unit with manual doors) plus additional off-street parking. Two units upstairs and two units downstairs. Landlord pays water, sewer and garbage; tenants pay electricity and gas. 100 percent occupancy with long-term tenants in many

  Korinne Rice Berkshire Hathaway HS Floberg

  2032 Clubhouse Way, Billings, MT 59105
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  /26

  $385,000

  • 3 Beds
  • 2 Baths
  • 1,520 Sq Ft

  3517 Central Ave, Billings, MT 59102

  Investor alert, this low to no vacancy gives you immediate income security. Newer duplex to start of add to your rental portfolio or live in one side & rent the other. Sold as a duplex or seller will consider legally splitting into 2 townhomes. Price listed is per side but also listed in multi-family. A nearly new west end duplex is har4d to find offing a unique investment or owner occupant

  Polly Kovash Metro, REALTORS L.L.P

  3517 Central Ave, Billings, MT 59102
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  /6

  $650,000

  • 3,808 Sq Ft

  1643 Kelby Dr, Billings, MT 59105

  Incredible investment opportunity! Rent them all or live in one unit and rent the others!! Fourplex with all 2 bed/1 bath units and detached garages (one garage per unit with manual doors) plus additional off-street parking. Two units upstairs and two units downstairs. Boiler system for heat offers efficiency. Landlord pays water, gas (boiler), sewer and garbage; tenants pay electricity. 100

  Korinne Rice Berkshire Hathaway HS Floberg

  1643 Kelby Dr, Billings, MT 59105
• 

  

  /3

  $397,900

  • 2,240 Sq Ft

  1121 N 24th St, Billings, MT 59101

  Fantastic Investment Opportunity. 4 Units within walking distance to the Hospitals, Downtown and Colleges. Low Vacancy. Well maintained 3 One Bedroom Units and One Efficiency Unit 3 Garages that are rented separately for $265.00 per month. There is also on site coin-op laundry for added income. All units have separate electric meters. Sunnyside Water Association provides the water for irrigation.

  Brenda Zimmerer A A A Realty, Inc.

  1121 N 24th St, Billings, MT 59101
• 

  

  /32

  $310,000

  • 4 Beds
  • 2 Baths
  • 2,300 Sq Ft

  644 Avenue B, Billings, MT 59102

  This charming bungalow on Avenue B gives you the most bang for your buck in Billings! **New Roof installed in Oct 2025** Great things sometimes come in small packages, like the spacious main level living area with fireplace, or the enormous eat-in kitchen with a farmhouse feel, all contained in this compact floor plan. The two bedrooms on the main floor feature delightful built-in cabinetry and

  Michael Leo Keller Williams Yellowstone Properties

  644 Avenue B, Billings, MT 59102
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  /19

  $225,000

  • 1,356 Sq Ft

  242 Hemlock Dr, Billings, MT 59101

  Investment opportunity in Lockwood! This property features two separate homes on one lot—perfect for rental income. The first is a two-bedroom, one-bath single-family home, and the second is a one-bedroom, one-bath mobile home. Both units offer strong rental potential in a convenient location. Currently rented / leased and income generating at $1,200 month to month in the single family home and

  Shawna Morales Engel & Voelkers

  242 Hemlock Dr, Billings, MT 59101
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  /32

  $192,000

  0000 Alkali Creek Rd, Billings, MT 59105

  Four residential lots, each .24 acres, ready for your next build. Conveniently located with quick access to downtown and the airport, these level parcels offer flexibility and potential in a growing area. Utilities nearby and easy street access make development straightforward. Ideal opportunity for new construction or investment.

  Shawna Morales Engel & Voelkers

  0000 Alkali Creek Rd, Billings, MT 59105
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  /9

  $74,900

  TBD Central Avenue (Lot 6), Billings, MT 59106

  Build your dream home on this 1-acre lot located in the desirable West Meadows Subdivision. This property is approved for an individual septic system and cistern, giving you flexibility and independence for your utilities. The subdivision also provides access to an irrigation water system, making it easy to maintain landscaping, gardens, or a lush yard throughout the seasons. Enjoy the balance of

  Aaron Redland eXp Realty, LLC - Billings

  TBD Central Avenue (Lot 6), Billings, MT 59106
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  /30

  $399,000

  • 2,115 Sq Ft

  725 Broadwater Ave, Billings, MT 59101

  Check out this up/down duplex! Clean and move in ready. Live in one apartment and rent the other. Both units are 3 bedroom and 1 bathroom. Wiring and plumbing have been updated as well as new carpet and LVP flooring throughout. This is a great investment opportunity.

  April VandenBosch REAL Broker

  725 Broadwater Ave, Billings, MT 59101
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  /22

  $49,900

  • 3 Beds
  • 2 Baths
  • 1,216 Sq Ft

  4 Lapin St, Billings, MT 59105

  Welcome to 4 Lapin St, a cozy and functional 2005 manufactured home located in the desirable Cherry Creek community in Billings. This well-kept single-wide offers comfortable living with an open layout and practical design — perfect for anyone seeking simple, affordable homeownership.The home is already connected to community utilities within Cherry Creek. You can keep it in the

  Jaidyn Simmons Treasure Realty Group

  4 Lapin St, Billings, MT 59105
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  /6

  $650,000

  • 3,808 Sq Ft

  1628 Kelby Dr, Billings, MT 59105

  Incredible investment opportunity! Rent them all or live in one unit and rent the others!! Fourplex with all 2 bed/1 bath units and detached garages (one garage per unit with manual doors) plus additional off-street parking. Two units upstairs and two units downstairs. Boiler system for heat offers efficiency. Landlord pays water, gas (boiler), sewer and garbage; tenants pay electricity. 100

  Korinne Rice Berkshire Hathaway HS Floberg

  1628 Kelby Dr, Billings, MT 59105
• 

  

  /11

  $250,000

  • 1,292 Sq Ft

  947 Howard Ave, Billings, MT 59101

  Excellent investment opportunity! This side by side duplex is situated on a corner lot and partially fenced. Close to downtown and west end amenities. Offering 2 separate units each featuring 1 bedroom and 1 bathroom. Newer exterior paint! Shared laundry with coin op washer. Photos included are of exterior and front unit only. Great rental history & potential for more!

  Cassie Smart Real Estate Hub LLLP

  947 Howard Ave, Billings, MT 59101
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  /3

  $69,900

  520 S 32nd St, Billings, MT 59101

  Build your next home or income producing property with this 7,000 sf lot near downtown Billings. Zoned N1 which allows for a single family home, 2 duplexes, two detached homes, or multi-family up to 4 units. Attractions nearby include parks, downtown restaurants, shopping, seasonal events and more. Start up or add to your investment portfolio with this great opportunity to own a piece of Billings

  Taylor Williams Cedar & Stone Realty and Design, LLC

  520 S 32nd St, Billings, MT 59101
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  /10

  $249,900

  • 1,996 Sq Ft

  4131 Buchanan Ave, Billings, MT 59101

  Back by Popular Demand! Don’t miss this unique investment opportunity featuring three fully-rented units on one property. The front home offers 3 bedrooms and 1 bathroom, while the back duplex includes two 1-bedroom, 1-bathroom units—perfect for generating consistent rental income. This low-maintenance property boasts three brand-new roofs and recent plumbing updates in the duplex. Each unit has

  Truthe West Keller Williams Yellowstone Properties

  4131 Buchanan Ave, Billings, MT 59101
• 

  

  /22

  $289,000

  • 2,156 Sq Ft

  611 Custer Ave, Billings, MT 59101

  Up-Down Duplex for investment buyer or live on main floor and supplement your payment by renting out the basement apartment. Main level has 2 beds, 1 bath. Basement apartment also features 2 bedroom and 1 bath and has separate entrance off of the back of home. Both upper and lower have individual in-unit laundry. Fenced back yard and 1 stall garage currently used by main floor tenant and

  Kim Edinger Meridian Real Estate LLC

  611 Custer Ave, Billings, MT 59101
• 

  

  /20

  $357,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,212 Sq Ft

  2931 Eagle Butte Trail, Billings, MT 59106

  This new & affordable 3 bedroom, 2-bath offers it all...open floor plan features a bright kitchen with stainless steel appliances & a comfortable living space. The low monthly association fee covers snow removal (never too early to appreciate that), lawn care, & exterior insurance making life easy & virtually maintenance free. The master suite has its own bathroom & the other 2 bedrooms have

  Polly Kovash Metro, REALTORS L.L.P

  2931 Eagle Butte Trail, Billings, MT 59106

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