1212 Custer Ave Unit 1,2 Billings, MT 59102
East Central Billings NeighborhoodEstimated payment $2,833/month
Highlights
- Deck
- Patio
- Forced Air Heating System
- Cooling Available
- Attic Fan
- 3-minute walk to Veteran's Park
About This Home
Don't miss this exceptional investment opportunity with a 6.85% cap rate and the option to purchase both units fully furnished. Perfect for investors or owner-occupants-live in one unite while renting the other for income potential. The upstairs unit features oak hardwood floors, a partially remodeled bath with new LVP flooring, vanity, and Wi-Fi water leak monitor. Both upstairs bedrooms have Wi-Fi remote Ceiling fans. The kitchen is fully updated with new cabinets, appliances, LED track lighting, and LVP flooring. The downstairs unit includes new carpet tiles, updated LED fixtures, and a stunning kitchen remodel with butcher block island, cabinets, counters and LVP flooring. Conveniently located 8 minutes from the hospital corridor and provides easy access to downtown or the west end of billings. Upgrades throughout make this a turn-key opportunity. Schedule your private showing today!
Listing Agent
Keller Williams Yellowstone Properties Brokerage Phone: 406-717-8200 License #RRE-RBS-LIC-89193
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 |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Sale | $475,000 | -- | $226 / 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: 352365
APN: 03-0927-05-3-37-12-0000
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