Investment - Homes for Sale in Billings, MT

• 

  

  

  /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

  $194,500

  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
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  /12

  $140,000

  Lot 39 Rain Lily Dr, Billings, MT 59106

  1.05 Acre Lot in The Meadows Subdivision. This subdivision has all large lots to accommodate a home and shop and still room for a large yard area. This lot is adjacent to the Elder Grove School located on Hesper and 64th St. W. Each lot has DEQ approval for septic and well location. Has a good set of building requirements, covenants and restrictions to protect your investment.

  

  Ronald Boyd

  Team Boyd REALTORS

  (406) 296-5479

  Lot 39 Rain Lily Dr, Billings, MT 59106
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  /36

  $625,000

  • 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

  (406) 732-8667

  1322 Babcock Cir, Billings, MT 59105
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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
• 

  

  /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

  (406) 720-8900

  4633 King Ave W, Billings, MT 59106
• 

  

  /22

  $179,000 Open Sun 11AM - 1PM

  • 1 Bed
  • 1 Bath
  • 853 Sq Ft

  714 N 24th St, Billings, MT 59101

  Cute house in downtown. Easy access to all the amenities. Airport, hospitals, and schools are in proximity. It's a 1-bedroom house with an additional room connected to the bedroom. Could be used as another bedroom; however, the bonus room is not heated. Would be great for a professional downtown or an investment property. Tons of storage opportunities with great use of space!

  Coleson Grewell Keller Williams Yellowstone Properties

  714 N 24th St, Billings, MT 59101
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  /4

  $210,000

  • 4 Beds
  • 2 Baths
  • 1,700 Sq Ft

  312 Monroe St, Billings, MT 59101

  This up and down (non-conforming duplex) townhome offers an excellent opportunity for investors. The property features four spacious bedrooms with two located upstairs and two downstairs, along with two full bathrooms, one on each level. With a strong rental history and current tenant occupancy, this is a turnkey investment opportunity. Recent updates include vinyl plank flooring and fresh

  Shonna Ruble LPT Realty

  312 Monroe St, Billings, MT 59101
• 

  

  /18

  $240,000

  • 2 Beds
  • 1 Bath
  • 1,096 Sq Ft

  2915 2nd Ave S Unit 106, Billings, MT 59101

  Move-in ready condo - Perfect for homeowners or investors! This well-maintained unit is located on the main level, offering convenient access with no stairs. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating a bright and functional living space. The unit includes a stackable washer and dryer, conveniently located inside for easy laundry access. Each condo

  Michelle Soapes 4 Seasons Real Estate

  2915 2nd Ave S Unit 106, Billings, MT 59101
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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
• 

  

  /14

  $364,900

  • 4 Beds
  • 2 Baths
  • 1,760 Sq Ft

  933 Bench Blvd, Billings, MT 59105

  In a high demand area, this nicely updated single-family home offers both convenience and opportunity. Inside, you will find a bright, functional layout with updated finishes, neutral tones, and move in ready appeal throughout. The kitchen and living spaces flow well, creating a comfortable setting for everyday living. Outside is where this property truly stands out. A 900 ft.2 shop in the

  Shonna Ruble LPT Realty

  933 Bench Blvd, Billings, MT 59105
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  /4

  $84,900

  TBD Clubhouse Way, Billings, MT 59105

  Located on Lake Hills Golf Course - close to Fairway #1. Updated zoning rules makes this fair game for a duplex. Both Lot 3 + Lot 4 are for sale, Seller willing to consider a discount if Buyer buys both lots. Level lot ready to go for building - for you or your next investment! Geotech report available with accepted contract.

  Kelley Armstrong eXp Realty, LLC - Billings

  TBD Clubhouse Way, Billings, MT 59105
• 

  

  /12

  $195,000

  • 2 Beds
  • 2.5 Baths
  • 1,584 Sq Ft

  3285 Canyon Dr, Billings, MT 59102

  Located just off Monad in Billings’ West End, this affordable condo offers a versatile multi-level layout and strong investment potential. The main level features an open kitchen, dining, and living space highlighted by a wood-burning fireplace and a convenient half bath—perfect for everyday living and entertaining. Upstairs, you’ll find two generously sized bedrooms and a full bathroom. The

  Michael Fisher eXp Realty, LLC - Billings

  3285 Canyon Dr, Billings, MT 59102
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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
• 

  

  /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

  $274,000

  • 2 Beds
  • 2 Baths
  • 1,840 Sq Ft

  823 N 18th St, Billings, MT 59101

  Great investment or multi-family 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

  Megan Hoban eXp Realty, LLC - Billings

  823 N 18th St, Billings, MT 59101
• 

  

  /14

  $304,000

  • 1,340 Sq Ft

  27 Monroe St, Billings, MT 59101

  Investors—don’t miss this rare two-for-one opportunity! This unique property offers two separate homes on one lot, making it an excellent income-producing investment. Both homes have been thoughtfully Updated. updated bathrooms, providing a clean, modern feel that appeals to tenants. The rear home is well kept adding peace of mind and reduced future maintenance costs. Both homes are currently

  Brenda Mills Keller Williams Yellowstone Properties

  27 Monroe St, Billings, MT 59101
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  /4

  $89,900

  TBD Clubhouse Way, Billings, MT 59105

  Located on Lake Hills Golf Course - Fairway #1. Updated zoning rules makes this fair game for a duplex. Both Lot 3 + Lot 4 are for sale, Seller willing to consider a discount if Buyer buys both lots. Unobstructed views of the fairway, level lot, ready to go for building - for you or your next investment! Geotech report available with accepted contract.

  Kelley Armstrong eXp Realty, LLC - Billings

  TBD Clubhouse Way, Billings, MT 59105
• 

  

  /11

  $89,500

  • 2 Beds
  • 1 Bath
  • 1,728 Sq Ft

  38 Broadwater Ave, Billings, MT 59101

  Bring your vision and make this property shine! The main level has 2 well-sized bedrooms and 1 full bathroom, while the lower level has 3 BONUS 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 replaced high efficiency boiler system,

  Elian Diaz Billings Best Real Estate

  38 Broadwater Ave, Billings, MT 59101
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  /34

  $525,000

  • 5,310 Sq Ft

  105 Yellowstone Ave, Billings, MT 59101

  One-of-a-kind, centrally located 1910 Victorian-style investment opportunity. This five-plex features five spacious units, each offering two bedrooms and one bathroom. Units are currently or previously rented at $850 per month. The Basement unit was rented @ $550 per month. The property also includes seven individual garage units, each renting individually for $95 per month, providing additional

  Lauraleah Griffin Meridian Real Estate LLC

  105 Yellowstone Ave, Billings, MT 59101
• 

  

  /14

  $220,000

  • 4 Beds
  • 2 Baths
  • 1,768 Sq Ft

  514 S 33rd St, Billings, MT 59101

  Great investment opportunity or ideal for first-time homebuyers! This 4-bedroom, 2-bath home offers excellent potential for customization and value increase. Features include a spacious basement with a family room, two bedrooms, and a bathroom—perfect for additional living space or rental potential. Also has upgraded electrical service. The single-car cinderblock garage has a new automatic door

  Damian Forrester eXp Realty, LLC - Billings

  514 S 33rd St, Billings, MT 59101
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  /32

  $314,900

  • 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 Insurance,

  Lauraleah Griffin Meridian Real Estate LLC

  3385 Granger Ave S Unit 24, Billings, MT 59102
• 

  

  /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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  /5

  $500,000

  • 5,144 Sq Ft

  3320 Ravalli Place, Billings, MT 59102

  West End Billings Business Opportunity: Current use is a turn-Key Sober Living home however, it could also be an up/down duplex. Investment opportunity in Billings’ desirable West End! Offering 8 bedrooms, 2 full kitchens, and 2 fireplaces, the house provides abundant living space with separate entrances for added flexibility. Situated on a cul-de-sac with alley access, this property is 100%

  Christy Fenno Meridian Real Estate LLC

  3320 Ravalli Place, Billings, MT 59102
• 

  

  /16

  $250,000 Open Sun 10AM - 12PM

  • 2 Beds
  • 1 Bath
  • 750 Sq Ft

  3714 5th Ave S, Billings, MT 59101

  Prime investment and development opportunity! This 18,000 sq. ft. corner lot offers the potential to build up to 7 multifamily units (buyer to verify). Whether you're looking to develop or add to your investment portfolio, this property provides outstanding upside potential. The lot currently features a recently remodeled 2-bedroom, 1-bath home along with a 2-car detached garage, offering

  Erika Burke Berkshire Hathaway HS Floberg

  3714 5th Ave S, Billings, MT 59101
• 

  

  /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
• 

  

  /22

  $789,200

  • 3,362 Sq Ft

  206 N 18th St, Billings, MT 59101

  Investment Opportunity! Completely renovated in 2022 fourplex plus 2 houses on two lots. Granite/stone countertops in 5 units. 5 units rent $975, the studio is $895, plus CAM, w/s/g reimbursed by tenant ($84/mo/unit). $45/month 1 parking spot, and coin laundry takes in about $100/month.The fourplex is on one legal parcel and the two houses are both on the back parcel. These apartments and

  Jared English Congress Realty

  206 N 18th St, Billings, MT 59101
• 

  

  /22

  $46,900

  • 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 subdivision with

  Jaidyn Simmons Treasure Realty Group

  4 Lapin St, Billings, MT 59105
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  /11

  $239,000

  • 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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  /6

  $225,000

  22 Jefferson St, Billings, MT 59101

  Two homes on one lot and an excellent investment opportunity! This property offers a strong rental history and is already tenant occupied, making it a turnkey option for investors. The front home features two bedrooms plus an upstairs bonus room, along with a minor remodel that includes newer flooring, a furnace, and a hot water heater approximately six years old. The second home offers one

  Shonna Ruble LPT Realty

  22 Jefferson St, Billings, MT 59101
• 

  

  /19

  $80,000

  • 2 Beds
  • 1 Bath
  • 800 Sq Ft

  411 S 25th St, Billings, MT 59101

  2 bedroom, 1 bath, 1 level home with laundry area. This home has been a great rental... Approx. $1000 per month rent in the past. Newer flooring, new paint. Totally livable. Gas wall heat. Gas oven/range. Fenced yard. Being sold as-is. Great investment property.

  Damian Forrester eXp Realty, LLC - Billings

  411 S 25th 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

  $364,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,293 Sq Ft

  6310 Decker Ln, Billings, MT 59106

  With winter around the corner, wouldn't it be nice to let someone else so the shoveling? This brand new 3-bedroom, 2 bath townhome is designed to make life easy. An affordable monthly fee covers water, exterior maintenance & snow removal so you can spend more time doing what you love: traveling, catching up with friends, or simply relaxing. You'll love the open floor plan featuring soaring

  Polly Kovash Metro, REALTORS L.L.P

  6310 Decker Ln, Billings, MT 59106
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  /32

  $799,500

  • 4 Beds
  • 2 Baths
  • 2,195 Sq Ft

  507 Bench Blvd, Billings, MT 59105

  Rare dual-residence opportunity on 1.18 acres in the county — offering flexibility, income potential, and room to grow. This unique property features a 4-bedroom main house plus a fully renovated 2-bedroom, 1-bath second residence with private rear access. The back house presents strong rental potential, making this an ideal setup for multi-generational living, a live-and-rent strategy, or

  Lukas Seely Century 21 Americana

  507 Bench Blvd, Billings, MT 59105
• 

  

  /24

  $215,000

  • 2 Beds
  • 1 Bath
  • 1,020 Sq Ft

  607 Avenue F Unit 4, Billings, MT 59102

  If you’re looking for an easy place to call home or a smart investment in the heart of Billings, this updated 2-bedroom, 1-bath condo is a great fit. Centrally located just minutes from Pioneer Park, shopping, dining, and local coffee shops, it offers everyday convenience and low-maintenance living. Inside, enjoy fresh updates including new paint, newer flooring, updated cabinet hardware, newer

  Amber Uhren Realty Billings

  607 Avenue F Unit 4, Billings, MT 59102
• 

  

  /15

  $295,000

  • 1,800 Sq Ft

  502 Lewis Ave, Billings, MT 59101

  Prime Location – Updated Up/Down Duplex Near Downtown BillingsThis well-maintained duplex is just minutes from the vibrant city center of Billings, offering convenience and investment potential. Recent upgrades include plumbing and electrical improvements for peace of mind, plus newer basement windows for energy efficiency and safety. The lower-level bedroom features proper egress, and

  W.F. Frosty Erben Keller Williams Yellowstone Properties

  502 Lewis Ave, Billings, MT 59101
• 

  

  /17

  $185,000

  • 2 Beds
  • 1 Bath
  • 792 Sq Ft

  4018 2nd Ave S, Billings, MT 59101

  Step into this cozy 2-bedroom, 1-bath gem perfectly blending classic charm with investment potential. This bungalow offers easy single-level living, featuring an enclosed front porch & a dedicated laundry area for convenience. You’ll stay cozy all winter with the newer furnace. With a fresh coat of paint and a little TLC, you can easily unlock this home’s true potential. The exterior features a

  Laura Drager Drager Real Estate

  4018 2nd Ave S, Billings, MT 59101
• 

  

  /6

  $69,000

  • Land
  • 0.54 Acre
  • $127,306 per Acre

  TBD Lot 4 Block 2 Sanctuary Canyon Rd, Billings, MT 59101

  Build your dream home on this prime lot in Sanctuary Canyon Estates, featuring sweeping Montana views and room for a shop or additional structures. Public water, gas, and electricity are conveniently nearby, making development easy. Surrounded by beautifully designed homes, this property offers both a peaceful setting and strong investment potential. Legal address to be established upon recording

  Shonna Ruble LPT Realty

  TBD Lot 4 Block 2 Sanctuary Canyon Rd, Billings, MT 59101
• 

  

  /25

  $220,000

  • 2 Beds
  • 1 Bath
  • 1,008 Sq Ft

  1320 Mineral Place Unit 2, Billings, MT 59105

  Affordable, low-maintenance living in the Billings Heights! This well-kept, move in ready 2 bed, 1 bath townhome with a 1-car garage offers great value with an HOA that handles exterior maintenance, exterior insurance, water, snow removal, and lawn care. Qualifies for all loan types, including FHA and VA, which can be hard to find in this price range. A great starter home or investment

  Kierney Nielsen Realty Billings

  1320 Mineral Place Unit 2, Billings, MT 59105

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