34

Billings, MT Multifamily Homes & Duplexes for Sale

Section Image Section Image
  • /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.

    Agent Photo

    Jamie Lee Rindahl

    eXp Realty, LLC - Billings

    (406) 476-5024

    2644 Rimrock Rd, Billings, MT 59102
  • /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.

    Agent Photo

    Jamie Lee Rindahl

    eXp Realty, LLC - Billings

    (406) 578-7423

    2646 Rimrock Rd, Billings, MT 59102
  • /22

    $379,900

    616 Lewis Ave, Billings, MT 59101

    Opportunity knocks at 616 Lewis Avenue! This multi-family property features two homes on one lot in a well-established Billings neighborhood. Whether you're looking to live in one unit and rent the other or expand your investment portfolio, this setup offers flexibility and potential. Just minutes from downtown, schools, and hospitals, it's a smart way to build equity while keeping monthly costs

    Gionne Ciccotelli Century 21 Hometown Brokers

    616 Lewis Ave, Billings, MT 59101
  • /21

    $550,000

    • 3,600 Sq Ft

    341, 343, 349, 351 Westchester Square S, Billings, MT 59105

    Looking for an investment opportunity or supplemental income? Here it is! This fully leased 4-Plex includes two upper units (343 & 351) and two lower units (341 & 349), each offering 2 bedrooms, 1 bathroom, in-unit laundry, a spacious living room, kitchen/dining area, and convenient hallway storage. All units feature an individual furnace, water heater, wall A/C, and garage space, along with a

    Lanissa Fortner 4 Seasons Real Estate

    341, 343, 349, 351 Westchester Square S, Billings, MT 59105
  • /27

    $308,750

    • 1,851 Sq Ft

    426 Miles Ave, Billings, MT 59101

    Looking for an investment opportunity? This fully leased up-down duplex is a fantastic addition to your portfolio. 428 Miles (upper) offers a spacious layout with two bedrooms and one bathroom on the main level, along with a mudroom off the kitchen that leads to the backyard. Upstairs, you’ll find two additional bedrooms and two bathrooms. This unit also comes with a laundry/mechanical room and a

    Lanissa Fortner 4 Seasons Real Estate

    426 Miles Ave, Billings, MT 59101
  • /26

    $425,000

    • 2,368 Sq Ft

    130 132 Stillwater Ln, Billings, MT 59105

    Updated ranch style side by side duplex. Solid investment or convenient owner occupant opportunity. Property sits on large lot with undeveloped space to unwind and watch the wildlife. Attached garage plus additional driveway and street parking. Newer roof, paint, flooring, etc. Spacious backyard and patio areas for BBQ fun or peaceful rewind. Expand portfolio in low traffic area ideal for space,

    Heather Kavran Real Estate Hub LLLP

    130 132 Stillwater Ln, Billings, MT 59105
  • /13

    $349,900

    • 2,166 Sq Ft

    38-38.5 Lewis Ave, Billings, MT 59101

    Centrally located 3 bedroom 2 bath single family home plus one bedroom 360 Sq Ft home off the alley. Fixer Upper. Front Home rented for $1000 per month now vacant. Back home rents for $585.00. The back home will be shown only if interested in the front home. Please note the property is part of an estate. Buyers are encouraged to conduct their own due diligence. The property is being sold

    Brenda Zimmerer A A A Realty, Inc.

    38-38.5 Lewis Ave, Billings, MT 59101
  • /5

    $559,900

    • 5,506 Sq Ft

    20 Lewis Ave, Billings, MT 59101

    Investment Opportunity: Centrally Located 8 Plex. Featuring 6 Efficiency and 2 One Bedroom Units. Each unit currently rents for $600.00 per month. Landlord pays gas and electric. The property includes separate garages for added convenience. Please note the property is part of an estate. Buyers are encouraged to conduct their own due diligence. The property is being sold "as-is, where-is" with

    Brenda Zimmerer A A A Realty, Inc.

    20 Lewis Ave, Billings, MT 59101
  • /7

    $279,500

    • 2,520 Sq Ft

    39 Broadwater Ave Unit 2, Billings, MT 59101

    For Sale: Charming Duplex with Incredible Potential – 2 Bed / 1 Bath Per SideThis cozy duplex offers two separate 2 bedroom, 1 bathroom units, making it a perfect opportunity for investors, house hackers, or someone looking to live in one side and rent out the other. Whether you're interested in short-term rentals like Airbnb or long-term tenants, this property has strong income

    Brenda Mills Keller Williams Yellowstone Properties

    39 Broadwater Ave Unit 2, Billings, MT 59101
  • /36

    $2,100,000

    • 7 Beds
    • 6.5 Baths
    • 6,400 Sq Ft

    4779 Sanctuary Trail, Billings, MT 59101

    Too Many amenities to mention!! Request full Brochure_This is more than a home, it’s a lifestyle property built for flexibility, function, and freedom. Perfect for those seeking wide-open space, horse facilities, privacy & income potential. Whether you're looking for multi-generational living, a Retreat Venue, or a turnkey Equine Setup, this 2007 custom-built ranch-style home offers unmatched

    Tannis Kramer Western Skies Real Estate

    4779 Sanctuary Trail, Billings, MT 59101
  • /17

    $426,000

    • 1,698 Sq Ft

    3121 & 3123 Prairie Dr, Billings, MT 59101

    Oasis opportunity in Lockwood! The main unit has a large covered patio with 2 entries to the house. Storage area and mud room on one entry. Attic and crawl space access are both located in the walk in closet on 3121. 3 separate septic tanks are located on the property, 2 of the septic tanks run to 3121 (main house), the third septic tank runs to 3123. Well on the property has access to the

    Coleson Grewell Keller Williams Yellowstone Properties

    3121 & 3123 Prairie Dr, Billings, MT 59101
  • /25

    $349,000

    • 1,702 Sq Ft

    240 Terry Ave Unit 1-3, Billings, MT 59101

    This spacious single-family home offers 5 bedrooms and 2 bathrooms, plus a 2-car detached garage and plenty of off-street parking. It also includes a separate apartment (ADU) – perfect for rental income or for extended family to live nearby with their own space.Located in downtown Billings, you’re close to everything: schools, shopping, restaurants, and parks. Live in one unit and rent the

    Cari Baxter Real Estate Hub LLLP

    240 Terry Ave Unit 1-3, Billings, MT 59101
  • /32

    $722,900

    • 3 Beds
    • 2.5 Baths
    • 4,112 Sq Ft

    3509 Mac Duff Cir, Billings, MT 59101

    Freshly trim and outside paint! One of a kind 2 Story home with an open main level! Vaulted Ceilings, wood beams, Open staircase with a formal dining and a sunroom that greet you! the Kitchen is open with an eat in area, Granite counter tops and a pot filler to make chores easier! Ther are 2 bedrooms up plus a master Suite With vaulted ceilings and full bath with Granite counter tops and Tile

    James Wulf Wulf & Associates

    3509 Mac Duff Cir, Billings, MT 59101
  • /10

    $274,900

    • 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

    Truthe West Keller Williams Yellowstone Properties

    4131 Buchanan Ave, Billings, MT 59101
  • /10

    $449,900

    • 2,106 Sq Ft

    1212 Custer Ave Unit 1,2, Billings, MT 59102

    Fantastic investment opportunity with a 6.85% cap rate! Whether you're an investor or looking to offset your mortgage, this property is ideal. Live in one unit and rent the other for additional income. Both units can be sold fully furnished, making it truly turn-key. The upstairs unit features beautiful oak hardwood floors, a partially updated bathroom with new LVP flooring, modern vanity, and a

    Burk Johnston Keller Williams Yellowstone Properties

    1212 Custer Ave Unit 1,2, Billings, MT 59102
  • /36

    $2,100,000

    • 5 Beds
    • 4 Baths
    • 5,709 Sq Ft

    2940 Us Highway 3, Billings, MT 59106

    Work and live from home! 5 Bedroom Home, Shop, and 2 bedroom Apartment with the best views in town. Set atop the rims on over 2.5 acres, this property offers panoramic views of the city. The spacious main home features 5 bedrooms, 4 full bathrooms, multiple living areas, and a dedicated movie room—perfect for entertaining or relaxing in comfort. Bright, open living spaces and thoughtful updates

    Heidi Brosovich Montana Real Estate Brokers

    2940 Us Highway 3, Billings, MT 59106
  • /34

    $399,000

    703 S 28th St, Billings, MT 59101

    TRIPLEX FOR SALE! Great investment property. Two homes on one lot with room for future expansion for more units. Zoning is NX2 Mixed. Park facing home is 2 units, (703 and 703 1/2) all updated, excellent condition, very nicely done, fully furnished, shared laundry room. Modern amenities complement this home with warmth. Minutes from medical corridor and prime eating. Unit 1 and 2 have AIRBNB

    Carrie McNeese McNeese McNeese

    703 S 28th St, Billings, MT 59101
  • /10

    $259,900

    • 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.

    Shawna Morales Engel & Voelkers

    242 Hemlock Dr, Billings, MT 59101
  • /17

    $298,000

    • 1,368 Sq Ft

    618 & 620 Howard Ave, Billings, MT 59101

    Afford your own home by renting out the other!! Two homes on one lot conveniently located in mid-town and close to shopping, park and schools. Investment opportunity or supplement your house payment by living in one and renting out the other. Front house is 1 bed, 1 bath and 528 sqft and built in 1940. Back house 1 bed, 1 bath and 840 sqft and built in 1955. Both homes have a single car garage,

    Kim Edinger Meridian Real Estate LLC

    618 & 620 Howard Ave, Billings, MT 59101
  • /22

    $293,000

    • 2,156 Sq Ft

    611 Custer Ave, Billings, MT 59101

    Afford your own home!! 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

    Kim Edinger Meridian Real Estate LLC

    611 Custer Ave, Billings, MT 59101
  • /36

    $2,100,000

    • 9,244 Sq Ft

    720 Washington St, Billings, MT 59101

    Welcome to DanWalt Gardens, a true Montana lifestyle opportunity! A 2024 award winning favorite Billings area event venue containing an immaculately maintained botanical garden, beautifully landscaped grounds, large event pavilion, gazebo, storage sheds, equipment, work shop, 7 private wells, & 3 residential homes on 3 acres of land which includes 748 Washington St & 3719 King Ave E. Income

    Andrew Miller PureWest Real Estate - Billings

    720 Washington St, Billings, MT 59101
  • /35

    $335,000

    • 2,067 Sq Ft

    32 Custer Ave, Billings, MT 59101

    Bungalow Beauty with Bonus Guest House Near Downtown! This 3-bed, 1.5-bath Billings bungalow is full of charm—tall ceilings, tons of natural light, and a spacious main floor with main-level laundry. Enjoy the cute covered front porch, fenced backyard perfect for entertaining, and a detached back house ideal for guests or rental income. All just minutes from downtown dining and fun! Plus tons of

    Kelsey Clark eXp Realty, LLC - Billings

    32 Custer Ave, Billings, MT 59101
  • /14

    $92,500

    3027 Golden Acres Dr, Billings, MT 59106

    Located at 3027 Golden Acres Lane in the desirable Falcon Ridge subdivision of northwest Billings, this corner lot presents a unique opportunity to create your custom home or multifamily dwelling. This 0.165-acre lot is a rare find in a quiet neighborhood. With convenient access to public utilities, this property is ready for development. Build your dream home or investment property in a

    Jamey Eisenbarth Engel & Voelkers

    3027 Golden Acres Dr, Billings, MT 59106
  • /14

    $92,500

    6433 Southern Bluffs Ln, Billings, MT 59106

    Nestled at 6433 Southern Bluffs Lane in the coveted Falcon Ridge subdivision of northwest Billings, this 0.162-acre corner lot offers an exceptional opportunity for building a custom residence or multifamily property. Located in a serene neighborhood, this lot comes with the convenience of nearby public utilities and the added advantage of pre-existing build plans to streamline your development

    Jamey Eisenbarth Engel & Voelkers

    6433 Southern Bluffs Ln, Billings, MT 59106
  • /18

    $324,900

    • 1,840 Sq Ft

    823 N 18th St, Billings, MT 59101

    Great Investment Property with Two Units close to the college and hospitals!This fantastic investment property features two separate homes—823 and 823 1/2—situated on a nicely fenced lot and freshly graveled driveways. Unit #1 (823) has been recently remodeled and includes a spacious floorplan with 1,240 sq ft of living space, room to make 2nd bedroom, and a covered carport for convenient front

    Chantal Hale eXp Realty, LLC - Billings

    823 N 18th St, Billings, MT 59101
  • /2

    $550,000

    • 3,088 Sq Ft

    418 Cook Ave, Billings, MT 59101

    Downtown 6 plex. Fully occupied. Solid rental history. Recent updates to 2 units. Good opportunity for a "value add" property. All 1 bedroom 1 bath units. One 4 plex building with 2 units up and 2 units down. Duplex building in back.

    David Goodridge Good Ridge Real Estate

    418 Cook Ave, Billings, MT 59101
  • /34

    $309,000

    • 2,060 Sq Ft

    927 Miles Ave, Billings, MT 59101

    Up/down duplex with large, bright windows in the basement unit. Also listed as a single family residence: see MLS# 351225. New roof in May 2025! This charming home sits on a huge 10,750 square foot lot with alley access. Hardwood floors on the main level radiate warmth and beauty. A spacious kitchen, living room and two large bedrooms with many built-ins create comfortable living on the main

    Michael Leo Keller Williams Yellowstone Properties

    927 Miles Ave, Billings, MT 59101
  • /28

    $189,900

    • 1,178 Sq Ft

    224 N 17th St, Billings, MT 59101

    Great investment property, with a cute "tiny home" in the EBURD district. 2 homes on corner lots, each lot is 3500 sf. 224 N. 17th St and 1712 3rd Ave N. New carpet installed in upstairs bedroom/loft of N17th home in June 2025.

    Lynette Jensen Metro, REALTORS L.L.P

    224 N 17th St, Billings, MT 59101
  • /13

    $535,000

    • 2,086 Sq Ft

    715 and 717 N 17th St, Billings, MT 59101

    2 EEC built "Eco" houses on one lot. Each individual structure is a 1000+ square foot efficiency floorplan consisting of 2 beds and 2 full bathrooms. Handicap accessible with no stairs. Commercial grade/maintenance free finishes include metal accents, hardboard siding, tile showers and upgraded flooring. Wired for security and internet each unit has a smart hub in the laundry room. Each Unit

    Joe Lipskis Century 21 Hometown Brokers

    715 and 717 N 17th St, Billings, MT 59101
  • /15

    $535,000

    • 2,086 Sq Ft

    711 and 713 N 17th St, Billings, MT 59101

    2 EEC built "Eco" houses on one lot. Each individual structure is a 1000+ square foot efficiency floorplan consisting of 2 beds and 2 full bathrooms. Handicap accessible with no stairs. Commercial grade/maintenance free finishes include metal accents, hardboard siding, tile showers and upgraded flooring. Wired for security and internet each unit has a smart hub in the laundry room. Each unit

    Joe Lipskis Century 21 Hometown Brokers

    711 and 713 N 17th St, Billings, MT 59101
  • /14

    $425,000

    • 1,536 Sq Ft

    743 Clark Ave, Billings, MT 59101

    Turn-key investment opportunity. Fully remodeled up-down duplex. 2 bed 1 bath main level unit with wood floors, and updated kitchen. 1 bed 1 bath basement apartment with tall ceilings, stainless appliances, gas range with hood, quartz countertops, and walk in tile shower. Basement has a shared laundry room. Newer roof and exterior paint. new deck at rear entrance and the deck at front

    Joe Lipskis Century 21 Hometown Brokers

    743 Clark Ave, Billings, MT 59101
  • /9

    $419,000

    • 1,728 Sq Ft

    809 Ahoy Ave, Billings, MT 59105

    Don't miss out on this newer built, rented duplex that's ready to become a part of your real estate portfolio! Both sides are identical and all showings to occur at 811 Ahoy. Handicap accessible with ramp/deck leading into both units. Well thought out open floor plans welcoming tenants to their new home! Spacious crawl space for easy access to utilities underneath. Vinyl flooring throughout for

    Kent Ickes Kreative Realty MT

    809 Ahoy Ave, Billings, MT 59105
  • /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
  • /6

    $140,000

    215 N 20th St, Billings, MT 59101

    Unique development-ready opportunity in a Tax Increment Financing district. Cleared land with Phase I environmental and geo-tech reviews are complete. This 17,532 square foot parcel is located in the East Billings Urban Renewal District (EBURD). It's ready for you to build your project! Land is zoned in the EBURD Rail Spur Village Main Street where commercial and mixed-use projects are permitted.

    Michael Leo Keller Williams Yellowstone Properties

    215 N 20th St, Billings, MT 59101

Why Live in Billings

Billings residents enjoy exploring ancient Native American rock art at Pictograph Cave State Park and hiking along the dramatic sandstone Rimrocks that frame the city skyline. The Yellowstone Art Museum showcases regional artwork with free admission, while the Alberta Bair Theater hosts Broadway shows and concerts downtown. Local dining highlights include the World Food Championship-winning Burger Dive and upscale establishments like TEN at The Northern Hotel, which specializes in steak and elk dishes. The city's location provides easy access to outdoor recreation at the Beartooth Mountains and Yellowstone National Park, which sits three hours away. The Billings real estate market encompasses diverse price points across its neighborhoods. The median single-family home price reaches $440,000 in North Central Billings, while West Shiloh commands $539,900. More affordable options exist in Shiloh at $195,000 and Lockwood at $82,500. One-bedroom condos have a median price of $535,000, while two-bedroom units average $235,000. The overall median home sale price in Billings is $369,500. Living costs run slightly below the national average at 1.5% less. A family with school-age children needs approximately $104,000 annually to live comfortably, while renters should aim for $54,000. Property taxes remain reasonable at 0.84%, and Montana has no sales tax. The public school system includes highly rated Elysian Elementary School, while private options like Trinity Lutheran School and Billings Central Catholic High School maintain A minus ratings. Montana State University Billings provides higher education opportunities. MET Transit operates bus routes Monday through Saturday, though service remains limited compared to larger cities.

Home Trends in Billings, MT

Housing Trends

Median Sale Price
$369,000
Median Single Family Sale Price
$351,197
Median Townhouse Sale Price
$329,000
Median 2 Bedroom Sale Price
$234,950
Median 1 Bedroom Sale Price
$535,000
Average Price Per Sq Ft
$196
Number of Homes for Sale
897
Last 12 months Home Sales
1,925
Months of Supply
5.60
Median List Price
$369,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%
How to Buy a Home How to Finance a Home How to Sell a Home