240 Terry Ave Unit 1-3 Billings, MT 59101
East Central Billings NeighborhoodEstimated payment $2,169/month
Highlights
- Deck
- Patio
- Forced Air Heating System
About This Home
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 other to help with the mortgage, or keep both spaces for yourself and your family.
This is a great opportunity to own a flexible property in a central location. Don’t miss your chance to live or invest in the heart of Billings!
Listing Agent
Real Estate Hub LLLP Brokerage Phone: (406) 671-1675 License #RRE-BRO-LIC-98390 Listed on: 07/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,901
Year Built
- Built in 1919
Parking
- 3 Parking Spaces
Home Design
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,702 Sq Ft Home
- 2-Story Property
Outdoor Features
- Deck
- Patio
Schools
- Broadwater Elementary School
- Lewis And Clark Middle School
- Senior High School
Additional Features
- 7,000 Sq Ft Lot
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number A15911
Community Details
Overview
- 3 Units
- Suburban Subdivision
Building Details
- Insurance Expense $3,000
- Gross Income $2,890
- Net Operating Income $1,800
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 | $2,902 | $292,920 | $37,300 | $255,620 |
2023 | $2,929 | $292,920 | $37,300 | $255,620 |
2022 | $2,673 | $234,330 | $0 | $0 |
2021 | $2,587 | $234,600 | $0 | $0 |
2020 | $2,435 | $209,630 | $0 | $0 |
2019 | $2,319 | $209,630 | $0 | $0 |
2018 | $2,100 | $184,160 | $0 | $0 |
2017 | $1,705 | $184,160 | $0 | $0 |
2016 | $1,931 | $174,940 | $0 | $0 |
2015 | $1,882 | $174,940 | $0 | $0 |
2014 | $1,721 | $84,517 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/02/2025 07/02/25 | For Sale | $349,000 | -- | $205 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | $145,000 | None Available | |
Trustee Deed | $137,919 | None Available | |
Quit Claim Deed | -- | None Available | |
Warranty Deed | -- | St |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $153,713 | No Value Available | |
Previous Owner | $25,688 | Construction | |
Previous Owner | $6,987 | Future Advance Clause Open End Mortgage | |
Previous Owner | $112,500 | New Conventional |
Source: Billings Multiple Listing Service
MLS Number: 353987

APN: 03-0927-04-4-16-21-0000
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