612 N 15th St Billings, MT 59101
North Side Billings NeighborhoodEstimated payment $1,094/month
Highlights
- Interior Lot
- Landscaped with Trees
- Wood Siding
- Cooling Available
- Forced Air Heating System
About This Home
Investment Opportunity! This property offers incredible potential for the savvy investor. The front home features 2 bedrooms and 1 bathroom, currently rented. Behind the main house, you’ll find an efficiency ADU with alley access, perfect for additional income or guest accommodations. Also included on the property is a mobile home shell, providing an opportunity for someone to finish and maximize the property’s income potential. Whether you’re looking to expand your rental portfolio or take on a value-add project, this property checks all the boxes!
Listing Agent
eXp Realty, LLC - Billings Brokerage Phone: 406-591-0500 License #RRE-BRO-LIC-119004 Listed on: 10/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,358
Year Built
- Built in 1940
Lot Details
- 7,500 Sq Ft Lot
- Interior Lot
- Level Lot
- Landscaped with Trees
Home Design
- Metal Roof
- Wood Siding
- Stucco
Schools
- Mckinley Elementary School
- Riverside Middle School
- Senior High School
Utilities
- Cooling Available
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number A12017
Community Details
Overview
- 2 Units
- North Park Subd Subdivision
Building Details
- Insurance Expense $1,600
- Gross Income $25,200
- Net Operating Income $15,600
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 | $1,358 | $164,656 | $40,016 | $124,640 |
| 2024 | $1,358 | $131,764 | $39,514 | $92,250 |
| 2023 | $1,412 | $131,764 | $39,514 | $92,250 |
| 2022 | $1,039 | $80,559 | $0 | $0 |
| 2021 | $1,032 | $80,559 | $0 | $0 |
| 2020 | $1,019 | $78,078 | $0 | $0 |
| 2019 | $977 | $78,078 | $0 | $0 |
| 2018 | $877 | $67,055 | $0 | $0 |
| 2017 | $852 | $67,055 | $0 | $0 |
| 2016 | $760 | $59,405 | $0 | $0 |
| 2015 | $920 | $59,405 | $0 | $0 |
| 2014 | $628 | $25,337 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/18/2026 04/18/26 | Price Changed | $184,950 | -4.9% | -- |
| 01/23/2026 01/23/26 | Price Changed | $194,500 | -13.6% | -- |
| 10/01/2025 10/01/25 | For Sale | $225,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Billings Multiple Listing Service
MLS Number: 355985
APN: 03-1033-33-1-18-03-0000
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Ask me questions while you tour the home.