405 Roxy Ln Billings, MT 59105
Billings Heights NeighborhoodEstimated payment $4,895/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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/26/2026 06/26/26 | Price Changed | $810,000 | -1.8% | $145 / Sq Ft |
| 04/07/2026 04/07/26 | For Sale | $825,000 | -- | $147 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First Montana Title Company | |
| Personal Reps Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $632,500 | New Conventional | |
| Closed | $246,491 | Future Advance Clause Open End Mortgage | |
| Closed | $249,825 | Future Advance Clause Open End Mortgage |
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.