Billings, MT Multifamily Homes & Duplexes for Sale

Flexible ownership options & opportunities. Whether you're an investor looking for a full duplex, a homeowner wanting to live in one side or rent the other, or a buyer interested in one unit, this property offers the flexibility to suit your needs. Offered here as a legal duplex, priced at $770,000 for both sides, this has a stellar rent history & is still in tip-top like new condition. A great

Polly Kovash Metro, REALTORS L.L.P

Great opportunity for a smaller multi townhouse project. Current layout has been reviewed by the city and shows eleven 3-bedroom 2.5-bath 1 car garage townhomes. Master Site plan engineering nearly complete. Storm water designed with major subdivision so no need for on site retention. Bring your builder or Classic Design Homes can design/build for you.

Douglas Wild Century 21 Hometown Brokers

Landlords dream rental and/or Perfect extended family home! Home has had a complete remodel upstairs up and down. All new appliances both up and downstairs. New flooring, paint and windows. Kitchen cupboards, counters and faucets through our home. Also, new baths through out. Downstairs all new plumbing through out, including new to the alley. New electrical, insulation and sheet rock downstairs.

Robin Martell Martell & Associates

This stunning new construction duplex townhome offers four-bedroom units with a versatile main-level open-concept layout, a beautifully appointed kitchen with quartz countertops, a stylish tile backsplash, and a gas range. The kitchen flows effortlessly into the dining and living areas, creating an inviting space for relaxation and entertaining. Step outside from the living room onto your covered

Gabriel Salley ERA American Real Estate

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

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

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.

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Chantal Hale eXp Realty, LLC - Billings

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

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

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

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

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

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

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

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

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

Here’s your opportunity to own a brand new versatile duplex in the heart of Annafeld—where thoughtful design meets smart investment. This brand new floorplan features a comfortable two-bedroom, two-bath layout with a main-floor bedroom and full bath for added convenience. Upstairs, a private bedroom with ensuite bath offers a quiet retreat, along with a cozy space that’s perfect for working from

Jerred Bies McCall Real Estate

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