1212 Custer Ave Unit 1,2 Billings, MT 59102
East Central Billings NeighborhoodEstimated payment $2,798/month
Highlights
- Deck
- Patio
- Forced Air Heating System
- Cooling Available
- Attic Fan
- 3-minute walk to Veteran's Park
About This Home
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 Wi-Fi-enabled water leak detector. Each bedroom is equipped with Wi-Fi remote ceiling fans. The kitchen has new cabinetry, appliances, LED track lighting, and stylish LVP flooring. The lower unit has carpet tiles, updated LED fixtures, and a fully remodeled kitchen complete with butcher block island, new cabinets, counters, and LVP flooring. Located just minutes from the hospital corridor with easy access to downtown and Billings West End. Upgrades throughout schedule your private tour today!
Last Listed By
Keller Williams Yellowstone Properties Brokerage Phone: 406-717-8200 License #RRE-RBS-LIC-89193 Listed on: 05/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,402
Year Built
- Built in 1952
Lot Details
- 7,000 Sq Ft Lot
- Sprinkler System
Home Design
- Asphalt Roof
- HardiePlank Type
Interior Spaces
- 2,106 Sq Ft Home
- Attic Fan
Parking
- 3 Parking Spaces
- Additional Parking
Outdoor Features
- Deck
- Patio
Schools
- Washington Elementary School
- Lewis And Clark Middle School
- Senior High School
Utilities
- Cooling Available
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number A09287
Community Details
Overview
- 2 Units
- Houle Subd Subdivision
Building Details
- Insurance Expense $2,414
- Gross Income $42,879
- Net Operating Income $39,571
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,407 | $248,300 | $43,756 | $204,544 |
| 2023 | $2,411 | $248,300 | $43,756 | $204,544 |
| 2022 | $1,904 | $201,700 | $0 | $0 |
| 2021 | $2,122 | $201,700 | $0 | $0 |
| 2020 | $2,099 | $190,200 | $0 | $0 |
| 2019 | $2,065 | $196,400 | $0 | $0 |
| 2018 | $557 | $195,200 | $0 | $0 |
| 2017 | $540 | $195,200 | $0 | $0 |
| 2016 | $491 | $177,100 | $0 | $0 |
| 2015 | $480 | $177,100 | $0 | $0 |
| 2014 | $426 | $80,983 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | For Sale | $465,000 | -- | $221 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $177,400 | New Conventional | |
| Closed | $172,900 | Stand Alone Refi Refinance Of Original Loan |
Source: Billings Multiple Listing Service
MLS Number: 353104
APN: 03-0927-05-3-37-12-0000
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