B
Seller's Agent in 2025
Brian Borich
ERA American Real Estate
(406) 861-4945
26 Total Sales
312 S 31st St Billings, MT 59101
South Side NeighborhoodEstimated Value: $218,000 - $348,000
3
Beds
2
Baths
1,112
Sq Ft
$271/Sq Ft
Est. Value
About This Home
Out Of The Box Investors Home Run ~With immediate cash flow on this four-unit property at 312 S 31st with three of the four units already rented and generating immediate cash flow an investor can hit the ground running. It can also serve as an owner-occupied property with additional rental income. Unit #1 is the front main unit with 1 bedroom, 1 bathroom, a living room, dining room, and washer/dryer hookups. Unit #2 is an upstairs apartment with its own entrance it features 1 bedroom 1 bathroom with an efficiency kitchen, with a few finishing touches it could be a cute and inviting space. The two back units are independent from the main house. Unit #3 is a studio with a full bath and a kitchenet. Unit #4 features 1 bedroom, 1 bathroom, and an efficiency kitchen. With a little vision and elbow grease It’s a good opportunity for a “Value Add Property”
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2013
Sold by
Pates Lorene and Pates Lorene L
Bought by
Jordan Allen D
Current Estimated Value
Purchase Details
Closed on
Feb 18, 2010
Sold by
Kautzman Jerome R
Bought by
Jordan Allen D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jordan Allen D | -- | None Available | |
| Jordan Allen D | -- | Ctic |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jordan Allen D | $68,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/15/2026 01/15/26 | Price Changed | $335,000 | -6.9% | $301 / Sq Ft |
| 11/24/2025 11/24/25 | For Sale | $360,000 | -- | $324 / Sq Ft |
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 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Borich
Map
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