312 S 31st St Billings, MT 59101
South Side NeighborhoodEstimated payment $1,447/month
Highlights
- Deck
- Patio
- Wood Siding
- Cooling Available
- Forced Air Heating System
- 1-Story Property
About This Home
What if $250,000 could get you not one home, but 3 with 4 total living spaces? Investors, flippers, and savvy owner-occupants stop scrolling.
Currently producing income, this unique setup offers 4 separate living spaces, 3 houses, giving multiple ways to create cash flow, day one. It’s a little rough around the edges. But that’s exactly where the opportunity is. Live in one and let the others help offset your payment. Rent all four and explore the upside. Improve the finishes over time and unlock even more value. Opportunities like this do not come around often:
Main front unit: 1 bed, 1 bath, living room, dining area, washer/dryer hookups
Upper apartment: Efficiency kitchen
Detached studio: full bath and kitchen
Detached 1-bed: 1 bed, 1 bath, eff. kitchen
If you’ve been waiting for a property with income now and upside later, this one is worth seeing before everyone else does.
Listing Agent
Keller Williams Yellowstone Properties Brokerage Phone: (406) 702-3949 License #RRE-BRO-LIC-98527 Listed on: 03/18/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,574
Year Built
- Built in 1920
Lot Details
- 3,485 Sq Ft Lot
- Zoning described as First Neighborhood Residential
Home Design
- Brick Exterior Construction
- Shingle Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,816 Sq Ft Home
- 1-Story Property
- Washer and Dryer Hookup
Outdoor Features
- Deck
- Patio
Schools
- Orchard Elementary School
- Riverside Middle School
- Senior High School
Utilities
- Cooling Available
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number A01360
Community Details
Overview
- Billings Original Townsite Subdivision
Building Details
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 |
|---|---|---|---|---|
| 2025 | $1,904 | $243,074 | $33,074 | $210,000 |
| 2024 | $1,904 | $192,189 | $31,199 | $160,990 |
| 2023 | $1,893 | $192,189 | $31,199 | $160,990 |
| 2022 | $1,469 | $155,624 | $0 | $0 |
| 2021 | $1,657 | $155,624 | $0 | $0 |
| 2020 | $1,836 | $142,023 | $0 | $0 |
| 2019 | $1,812 | $142,023 | $0 | $0 |
| 2018 | $1,535 | $111,225 | $0 | $0 |
| 2017 | $1,030 | $111,225 | $0 | $0 |
| 2016 | $1,466 | $109,265 | $0 | $0 |
| 2015 | $1,441 | $109,265 | $0 | $0 |
| 2014 | $1,249 | $47,403 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2026 03/18/26 | For Sale | $250,000 | -- | $138 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Ctic |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $68,500 | Purchase Money Mortgage |
Source: Billings Multiple Listing Service
MLS Number: 358141
APN: 03-0927-03-3-43-04-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 212 S 31st St
- 506 S 30th St
- 2915 2nd Ave S Unit 106
- 520 S 32nd St
- 3112 6th Ave S
- 3318 2nd Ave S
- 413,415 S 34th Unit 413
- 514 S 33rd St
- 308 S 28th St
- 710 S 32nd St
- 608 S 34th St
- 420 S 35th St
- 719 S 34th St
- 516 S 36th St
- 3012 and 902 9th Ave S
- 104 N Broadway Unit 302
- 411 S 25th St
- 3714 5th Ave S
- 235 N 32nd St
- 235 N 32nd St Unit 301
- 2915 2nd Ave S Unit Downtown Loft 202
- 116 Broadwater Ave Unit Upper Apartment
- 124 N 24th St
- 2310 1st Ave N
- 429 N 33rd St
- 24 Grand Ave
- 703 N 29th St Unit 201
- 310 3rd St W Unit 102
- 310 3rd St W Unit 201
- 402 Burlington Ave
- 505 Clark Ave Unit Cozy Clark Apt
- 651 Washington St
- 420 Lordwith Dr
- 1148 N 25th St
- 2141 Burnstead Dr
- 1105 N 22nd St
- 715 Alderson Ave
- 2418 Pine St Unit 404
- 713 S Billings Blvd
- 338 Moccasin Trail Unit 340
Ask me questions while you tour the home.