$789,200

Estimated payment $4,340/month

-- Bed
-- Bath
3,362 Sq Ft
$235 Price per Sq Ft

Highlights

  • Deck
  • Cooling Available
  • Heating Available
  • Interior Lot
  • Patio

About This Home

Investment Opportunity! Completely renovated in 2022 fourplex plus 2 houses on two lots. Granite/stone countertops in 5 units. 5 units rent $975, the studio is $895, plus CAM, w/s/g reimbursed by tenant ($84/mo/unit). $45/month 1 parking spot, and coin laundry takes in about $100/month.
The fourplex is on one legal parcel and the two houses are both on the back parcel. These apartments and little homes rent QUICKLY! Beautiful remodel includes stone countertops, beautiful trim work. Renters love that this location is an easy walk to a city park, activities, recreation, night life, and some of the best food in town.

Listing Agent

Jared English

Congress Realty Brokerage Phone: 888-881-4118 License #RRE-BRO-LIC-87966 Listed on: 01/20/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,051

Year Built

  • Built in 1920

Lot Details

  • 7,000 Sq Ft Lot
  • Interior Lot

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,362 Sq Ft Home
  • 2-Story Property

Outdoor Features

  • Deck
  • Patio

Schools

  • Mckinley Elementary School
  • Riverside Middle School
  • Senior High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number A00467

Community Details

Overview

  • Billings Original Townsite Subdivision

Building Details

  • Insurance Expense $5,434
  • Operating Expense $9,999
  • Gross Income $76,779
  • Net Operating Income $65,214

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,051

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: From downtown, east on 2nd Ave N, left on North 18th. Property is on the left.
  • Prop. Type: Residential
  • Year Built: 1920
  • Attribution Contact: 888-881-4118
  • ResoLotFeatures: Interior Lot
  • Lot Size Acres: 0.1607
  • MLS Status: Active
  • Subdivision Name: Billings Original Townsite
  • Above Grade Finished Sq Ft: 3362.0
  • Architectural Style: Detached, Two Story
  • Unit Levels: Two
  • ResoPropertyCondition: Resale
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2

Exterior Features

  • Roof: Composition, Metal
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Brick, Stucco
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Electric, Gas, Wall Furnace
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Mckinley
  • High School: Senior High
  • Middle Or Junior School: Riverside

Lot Info

  • Parcel #: A00467
  • Lot Size Sq Ft: 7000.0
  • Zoning Description: Other

Multi Family

  • Annual Gross Income: 76779.0
  • Insurance Expense: 5434.0
  • Net Operating Income: 65214.0
  • Annual Operating Expense: 9999.0

Tax Info

  • Tax Annual Amount: 3051.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $2,809 $291,400 $36,376 $255,024
2024 $2,809 $274,000 $29,162 $244,838
2023 $3,783 $366,613 $48,223 $318,390
2022 $2,521 $266,951 $0 $0
2021 $2,357 $195,111 $0 $0
2020 $2,178 $169,303 $0 $0
2019 $2,087 $169,303 $0 $0
2018 $1,933 $150,005 $0 $0
2017 $1,943 $209,900 $0 $0
2016 $1,505 $133,900 $0 $0
2015 $1,472 $133,900 $0 $0
2014 $1,496 $73,192 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2026 01/20/26 For Sale $789,200 -- $235 / Sq Ft
Source: Billings Multiple Listing Service

Source: Billings Multiple Listing Service

MLS Number: 357294

Billings Multiple Listing Service

APN: 03-1033-33-4-09-03-0000