3510 5th Ave S Billings, MT 59101
South Side NeighborhoodEstimated payment $999/month
About This Home
Stellar investment opportunity! Affordable up/down style home! 2 bedroom 1 full bathroom unit on main level, 1 bedroom 1 full bathroom in basement level. Some windows were replaced in 2024 and 2025. New gutters 2025. New powerline hookup to the house for northwestern energy 2025. Upstairs apartment refresh remodel in 2025 - upstairs, new carpet, new paint in the bedrooms & new kitchen faucet. Off Street parking and the south half of driveway and shed goes with the lot. Shared laundry in basement (washer & dryer stay). *cap rate will vary with insurance cost, property management fees, repairs, etc. Cross Property Listing in Residential MLS#356233
Listing Agent
White Lotus Realty License #RRE-BRO-LIC-108132 Listed on: 10/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,245
Year Built
- Built in 1951
Lot Details
- 2,550 Sq Ft Lot
Home Design
- Shingle Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,354 Sq Ft Home
- 2-Story Property
- Basement
Schools
- Orchard Elementary School
- Riverside Middle School
- Senior High School
Utilities
- No Cooling
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number A14080
Community Details
Overview
- 2 Units
- Southwest Add Subdivision
Building Details
- Insurance Expense $1,097
- Operating Expense $4,358
- Gross Income $17,040
- Net Operating Income $12,682
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 | $1,489 | $205,100 | $30,556 | $174,544 |
| 2024 | $1,489 | $158,500 | $28,282 | $130,218 |
| 2023 | $1,482 | $158,500 | $28,282 | $130,218 |
| 2022 | $1,250 | $132,400 | $0 | $0 |
| 2021 | $1,339 | $132,400 | $0 | $0 |
| 2020 | $1,281 | $119,300 | $0 | $0 |
| 2019 | $1,222 | $119,300 | $0 | $0 |
| 2018 | $1,332 | $128,400 | $0 | $0 |
| 2017 | $1,293 | $128,400 | $0 | $0 |
| 2016 | $1,053 | $104,600 | $0 | $0 |
| 2015 | $1,061 | $108,000 | $0 | $0 |
| 2014 | $997 | $53,954 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | Price Changed | $169,900 | -2.9% | $125 / Sq Ft |
| 10/24/2025 10/24/25 | For Sale | $175,000 | -- | $129 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | American Title And Escrow | |
| Warranty Deed | -- | Stewart Title Of Billings |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,000 | Purchase Money Mortgage |
Source: Billings Multiple Listing Service
MLS Number: 356232
APN: 03-0927-03-3-15-08-0000
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