Investment - Homes for Sale in Billings, MT

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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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  /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
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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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  /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

  • 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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  /7

  $600,000

  • 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
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  /7

  $600,000

  • 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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  /18

  $175,000

  • 2 Beds
  • 1 Bath
  • 936 Sq Ft

  1444 West Ln, Billings, MT 59101

  This fixer-upper just on the edge of the city, could be your next investment property. If you have been looking for a project house to make your own, this quaint 2 bed, 1 bath house, with a basement fits the bill. This property has tons of potential, whatever you might be dreaming up. Just off the frontage road, within minutes from shopping and entertainment, while still having the feeling of

  Stephen Stogianis Treasure Realty Group

  1444 West Ln, Billings, MT 59101
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  /12

  $199,000

  • 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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  /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 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
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  /14

  $309,000

  • 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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  /10

  $119,000

  • 2 Beds
  • 1 Bath
  • 1,728 Sq Ft

  38 Broadwater Ave, Billings, MT 59101

  What 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 replaced

  Elian Diaz Billings Best Real Estate

  38 Broadwater Ave, Billings, MT 59101
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  /34

  $549,900

  • 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
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  /25

  $340,000

  • 2,098 Sq Ft

  238 Terry Ave, Billings, MT 59101

  This wonderfully maintained and lightly updated triplex near downtown presents a lucrative real estate investment. Ideal for 'house hacking'; live in one unit and make income on the others! The 1950-built front house is split into two 2-bedroom 1-bathroom units, one on the main level and one downstairs. The basement unit features egress windows in both bedrooms with generous ceiling height

  Amanda Escene Full Circle Realty

  238 Terry Ave, Billings, MT 59101
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  /7

  $600,000

  • 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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  /4

  $218,900

  • 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
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  /6

  $600,000

  • 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
• 

  

  /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

  $306,000

  • 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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  /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
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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
• 

  

  /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
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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

  $600,000

  • 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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  /6

  $225,000

  Unlisted Address

  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

  Unlisted Address
• 

  

  /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
• 

  

  /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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  /3

  $29,900

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

  23 Lapin St, Billings, MT 59105

  Come check out 23 Lapin St in Billings—a solid home with great updates already done! The roof was replaced in 2020, and the HVAC was updated around 2017, so the big-ticket items are taken care of. Plumbing and electrical are in good shape with no known issues, making this a worry-free option. Whether you’re looking for a place to settle or a smart investment, this property is ready for its next

  Jared English Congress Realty

  23 Lapin St, Billings, MT 59105
• 

  

  /20

  $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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  /6

  $72,000

  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
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  /6

  $600,000

  • 3,808 Sq Ft

  1627 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

  1627 Kelby Dr, Billings, MT 59105
• 

  

  /15

  $303,000

  • 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
• 

  

  /5

  $600,000

  • 3,808 Sq Ft

  1636 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

  1636 Kelby Dr, Billings, MT 59105
• 

  

  /6

  $600,000

  • 3,808 Sq Ft

  1621 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

  1621 Kelby Dr, Billings, MT 59105

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