Billings, MT Multifamily Homes & Duplexes for Sale

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  /16

  $450,000

  • 4,240 Sq Ft

  1332 Hawthorne Ln, Billings, MT 59105

  This duplex offers an excellent opportunity for either an owner-occupant or an investment buyer.Unit 1332Ideal for a homeowner, this unit The main living area has an open floor plan and is highlighted by a cozy gas fireplace and an oak kitchen. It includes a spacious dining area and washer and dryer hookups. The unit offers two bedrooms on the main floor, along with a basement that

  

  Deb Parker

  Parker & Co.

  (406) 604-8231

  1332 Hawthorne Ln, Billings, MT 59105
• 

  Explore Billings

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  /36

  $1,199,000

  • 6 Beds
  • 5.5 Baths
  • 7,248 Sq Ft

  2587 Sage Mountain Rd, Billings, MT 59101

  An idyllic retreat spanning 40 acres awaits you! This luxurious six-bedroom, five-and-a-half-bath residence encompasses every amenity you could desire and more. Revel in breathtaking views from multiple decks and patios, ideal for both entertaining and unwinding in a natural setting. The generous interior boasts a loft sitting area, a theater room, and a family room complete with a wet bar and

  

  Marc Osborn

  Montana Real Estate Brokers

  (406) 606-6757

  2587 Sage Mountain Rd, Billings, MT 59101
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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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  /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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  /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
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  /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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  /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
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  /6

  $650,000

  • 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
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  /6

  $650,000

  • 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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  /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
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  /5

  $650,000

  • 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
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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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  /18

  $255,000

  • 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
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  /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
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  /2

  $270,000

  • 2,010 Sq Ft

  722 N 17th St, Billings, MT 59101

  Here is your opportunity to own a 2 house triplex near downtown! The front house is rented as one unit, and the back house is rented as an up/down duplex. Tenants pay all utilities except for water. Recent tree removal by owner.

  Kristyn Lehman Heavenly Homes, Inc.

  722 N 17th St, Billings, MT 59101
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  /10

  $379,900

  • 4,269 Sq Ft

  304 S 35th St, Billings, MT 59101

  This is a great investment opportunity producing a steady income with an appealing capitalization rate. There is a covered front porch with a secure entrance for the main floor and upstairs tenants. Each unit has a private entrance. There is coin-op laundry in the basement available to all tenants. Electric is individually metered for each unit. Owner of property pays natural gas and water and

  Kristyn Lehman Heavenly Homes, Inc.

  304 S 35th St, Billings, MT 59101
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  /13

  $269,900

  • 1,480 Sq Ft

  1041 N 25th St, Billings, MT 59101

  Great investment opportunity in downtown Billings. This charming downtown Billings up down duplex features a private entry for each unit. It is an income generating property with lots of built in charm. The upstairs unit features two bedrooms and one full bathroom. It has a bright, sunlit living area with hardwood floors for the tenants to enjoy. The downstairs unit features 1 bedroom and a full

  Kristyn Lehman Heavenly Homes, Inc.

  1041 N 25th St, Billings, MT 59101
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  /26

  $599,000 Open Sat 12PM - 2PM

  • 3,700 Sq Ft

  1218 Galway Dr, Billings, MT 59105

  OPEN HOUSE SAT Sept 20th. 12:00-2:00. Heights DUPLEX with 16x32 ft SHOP! Fantastic opportunity to live in 1 unit, and rent out the other. Great large corner lot, Unit 1220 has NEW carpet, 2 bedrooms- can easily add a 3rd bedroom, fenced yard, and 1 car garage. Unit 1218 is currently being rented- has 3 bedrooms, 2 full bathrooms, fenced yard, and 1 car garage. Yard is nicely maintained

  Heidi Brosovich Montana Real Estate Brokers

  1218 Galway Dr, Billings, MT 59105
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  /34

  $475,000

  • 1,934 Sq Ft

  229 Avenue B, Billings, MT 59101

  Completely renovated North Billings home featuring a basement apartment with separate entry. Nestled on a quiet, tree-lined street near Pioneer Park and the hospital, this home has the perfect setup for multi-generational living or generating rental income. With new plumbing, electrical, windows, flooring, paint, appliances, and Ikea closet system, there is not much left to do except to enjoy

  Lindsey Mishler PureWest Real Estate - Red Lodge

  229 Avenue B, Billings, MT 59101
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  /24

  $1,630,000

  Block 1 Lot 5 Hawk Creek Ave, Billings, MT 59106

  This vacant lot covers just under 2.2 acres, well positioned between the new Albertsons, First Interstate Bank and Diamond X - a highly desirable commercial location that boasts excellent visibility and substantial traffic. As one of the last available lots in a rapidly evolving business corridor, it presents an opportunity for development. The area is already thriving with a diverse mix of

  Rachel Court Coldwell Banker The Brokers

  Block 1 Lot 5 Hawk Creek Ave, Billings, MT 59106
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  /15

  $324,900 Open Sun 11AM - 1PM

  • 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
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  /4

  $430,000

  111 N 23rd St, Billings, MT 59101

  Great opportunity! This lot features a multi-family property with 2 separate buildings, a duplex, and a 4 plex on one tax code in the heart of Billings, MT. The duplex has 1 bed 1 bath on each side (one level. The 4 plex has 1 studio, 2- 1 bedroom units, 1- 2 bedroom unit). This property is located in the CBD district,which allows mixed use intended to continue existing character of walkable

  Jeanne Peterson Berkshire Hathaway HS Floberg

  111 N 23rd St, Billings, MT 59101
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  /27

  $770,000

  • 4,660 Sq Ft

  3515-3517 Central, Billings, MT 59102

  Flexible ownership options & opportunities. Whether you're an investor looking for a full duplex, a homeowner wanting to live in one side & rent the other, or a buyer interested in one unit, this property offers the flexible ownership. This is 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 floor plan with open

  Polly Kovash Metro, REALTORS L.L.P

  3515-3517 Central, Billings, MT 59102
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  /3

  $440,000

  1226 Buffalo Crossing Dr, Billings, MT 59106

  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

  1226 Buffalo Crossing Dr, Billings, MT 59106
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  /35

  $449,000

  • 2,196 Sq Ft

  626 Wyoming Ave, Billings, MT 59101

  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

  626 Wyoming Ave, Billings, MT 59101
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  /27

  $884,800

  • 3,892 Sq Ft

  1220-1222 Buffalo Crossing Dr, Billings, MT 59106

  Are interest rates holding you back?! Seller is offering an $8,000 credit toward a buyer’s interest rate buydown! Lot is approved for a 1,050 SF detached accessory unit—shop/garage or shop/garage/dwelling combo—ideal for rental income, storage, or multigenerational living. This stunning new-construction duplex townhome by 3CB, a local builder, offers four-bedroom units with a versatile main-level

  Gabriel Salley ERA American Real Estate

  1220-1222 Buffalo Crossing Dr, Billings, MT 59106
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  /22

  $369,000

  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
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  /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
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  /36

  $1,650,000

  • 4 Beds
  • 4.5 Baths
  • 3,200 Sq Ft

  4779 Sanctuary Trail, Billings, MT 59101

  Too Many amenities to mention_Request Full Brochure_Seller is making an out-of-state move, Motivated & open to offers_This is more than a home, it’s a lifestyle property built for flexibility, function, & freedom and SINGLE ONE LEVEL living if desired. Property can be a multi-generational living space, a Retreat Venue, or a turnkey Equine Setup_This 2007 custom-built ranch-style home offers

  Tannis Kramer Western Skies Real Estate

  4779 Sanctuary Trail, Billings, MT 59101
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  /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
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  /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
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  /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
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  /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
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  /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
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  /10

  $240,000

  • 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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  /17

  $275,000

  • 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
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  /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
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  /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
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  /35

  $305,000

  • 2,563 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
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  /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

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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.

Learn more about living in Billings

Home Trends in Billings, MT

On average, homes in Billings, MT sell after 34 days on the market compared to the national average of 52 days. The median sale price for homes in Billings, MT over the last 12 months is $362,598, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$362,598

Median Single Family Sale Price

$299,000

Median Townhouse Sale Price

$362,937

Median 2 Bedroom Sale Price

$220,000

Median 1 Bedroom Sale Price

$535,000

Average Price Per Sq Ft

$204

Number of Homes for Sale

898

Last 12 months Home Sales

90

Months of Supply

119.70

Median List Price

$339,262

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

2%