405 Roxy Ln Billings, MT 59105
Billings Heights NeighborhoodEstimated payment $4,923/month
Highlights
- Deck
- Patio
- Heating Available
- Corner Lot
- Landscaped
About This Home
5-plex investment opportunity in Billings Heights near Lake Elmo. Property consists of five 2 bed, 1 bath units, each approximately 1,120 sq ft, offering consistent rental demand. Current rents range from $1,050–$1,200 with strong income potential and room for future growth. Situated on a corner lot with additional parking, underground sprinklers, storage, and deck/patio features. Utilities include public water and sewer with electric baseboard heat. Well-located near schools, shopping, and amenities. Solid opportunity for investors seeking a stable asset in a desirable area.
Listing Agent
Century 21 Americana Brokerage Phone: (406) 860-6881 License #RRE-RBS-LIC-70650 Listed on: 04/07/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,224
Year Built
- Built in 1982
Lot Details
- 12,032 Sq Ft Lot
- Landscaped
- Corner Lot
- Sprinkler System
Home Design
- Shingle Roof
- Asphalt Roof
- Masonite
Interior Spaces
- 5,600 Sq Ft Home
- 2-Story Property
- Washer and Dryer Hookup
Parking
- 5 Parking Spaces
- Additional Parking
Outdoor Features
- Deck
- Patio
Schools
- Bench Elementary School
- Medicine Crow Middle School
- Skyview High School
Utilities
- No Cooling
- Heating Available
Listing and Financial Details
- Assessor Parcel Number C01458
Community Details
Overview
- 7 Units
- Superior Homes Subdivision
Building Details
- Insurance Expense $6,928
- Gross Income $64,800
- Net Operating Income $50,300
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 | $7,066 | $823,400 | $104,576 | $718,824 |
| 2024 | $7,066 | $739,100 | $77,320 | $661,780 |
| 2023 | $7,085 | $739,100 | $77,320 | $661,780 |
| 2022 | $3,535 | $374,500 | $0 | $0 |
| 2021 | $4,018 | $374,500 | $0 | $0 |
| 2020 | $3,866 | $348,800 | $0 | $0 |
| 2019 | $3,690 | $348,800 | $0 | $0 |
| 2018 | $3,792 | $353,600 | $0 | $0 |
| 2017 | $3,273 | $353,600 | $0 | $0 |
| 2016 | $3,623 | $352,900 | $0 | $0 |
| 2015 | $3,542 | $352,900 | $0 | $0 |
| 2014 | $2,707 | $140,185 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/07/2026 04/07/26 | For Sale | $825,000 | -- | $147 / Sq Ft |
Source: Billings Multiple Listing Service
MLS Number: 358515
APN: 03-1033-15-1-07-01-0000
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Ask me questions while you tour the home.