$415,000
$5K PRICE INCREASE

Estimated payment $2,438/month

Total Views 4,098
-- Bed
-- Bath
2,798 Sq Ft
$148 Price per Sq Ft

Highlights

  • Cooling Available
  • Forced Air Heating System
  • 4-minute walk to Terry Park
  • Laundry Room
  • Level Lot

About This Home

BRAND NEW ROOF! Polished, spacious, 3 BR / 1 bath up and 3 BR / 1 bath down, fully rented, mid-century modern duplex in Billings that blends architectural character with great cashflow. The upper unit brings in 1,900 per month and includes a fenced backyard, washer and dryer hookups, and a dedicated one-car garage. The lower residence is rented for 1,250 per month, showcases a newly updated kitchen cabinetry, large laundry room, and has its own private backyard plus two exterior exits and expansive rear parking area. Utilities are paid by the occupants, keeping owner costs lean and predictable. Thoughtful upgrades complement clean lines, generous light, and efficient layouts, so each home lives like a separate residence with privacy inside and out. Located near everyday conveniences, this turnkey property offers immediate income with room to optimize over time to grow your portfolio.

Listing Agent

Jared English

Congress Realty Brokerage Phone: 888-881-4118 License #RRE-BRO-LIC-87966 Listed on: 09/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,087

Year Built

  • Built in 1959

Lot Details

  • 8,750 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 2,798 Sq Ft Home
  • 2-Story Property

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 7 Parking Spaces
  • Additional Parking

Schools

  • Broadwater Elementary School
  • Lewis And Clark Middle School
  • Senior High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number A17360

Community Details

Overview

  • Violet Subdivision

Building Details

  • Insurance Expense $2,982
  • Operating Expense $6,500
  • Gross Income $37,000
  • Net Operating Income $30,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,087

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Directions: From Montana Ave (I-90 Business): Left on Broadwater, left on 4th St W, Right on Custer Ave to house on left.
  • Prop. Type: Residential
  • Year Built: 1959
  • Attribution Contact: 888-881-4118
  • ResoLaundryFeatures: Washer Hookup, Dryer Hookup, Laundry Room
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.2009
  • MLS Status: Active
  • Subdivision Name: Violet
  • Above Grade Finished Sq Ft: 2798.0
  • Architectural Style: Two Story
  • Unit Levels: Two
  • ResoPropertyCondition: Resale
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Second Kitchen
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Storage
  • Roof: Composition
  • Disclosures: Disclosure on File
  • Construction Type: Other

Garage/Parking

  • Parking Features: Additional Parking
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas, Other
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Broadwater
  • High School: Senior High
  • Middle Or Junior School: Lewis and Clark

Lot Info

  • Parcel #: A17360
  • Lot Size Sq Ft: 8750.0
  • Zoning Description: Mixed Residential 1

Multi Family

  • Annual Gross Income: 37000.0
  • Insurance Expense: 2982.0
  • Net Operating Income: 30500.0
  • Annual Operating Expense: 6500.0

Tax Info

  • Tax Annual Amount: 3087.0

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,087 $329,500 $39,811 $289,689
2024 $3,087 $306,400 $39,264 $267,136
2023 $3,126 $306,400 $39,264 $267,136
2022 $2,003 $212,200 $0 $0
2021 $2,453 $212,200 $0 $0
2020 $2,493 $207,500 $0 $0
2019 $2,376 $207,500 $0 $0
2018 $2,225 $189,300 $0 $0
2017 $2,160 $189,300 $0 $0
2016 $1,960 $170,500 $0 $0
2015 $1,909 $170,500 $0 $0
2014 $1,895 $90,789 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2025 12/16/25 Price Changed $415,000 +4.0% $148 / Sq Ft
09/24/2025 09/24/25 Price Changed $399,000 -2.7% $143 / Sq Ft
09/19/2025 09/19/25 For Sale $410,000 -- $147 / Sq Ft
Source: Billings Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Stewart Title
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $45,000 New Conventional
Previous Owner $137,654 FHA
Source: Public Records

Source: Billings Multiple Listing Service

MLS Number: 355639

Billings Multiple Listing Service

APN: 03-0927-04-3-24-19-0000