823 N 18th St Billings, MT 59101
North Side Billings NeighborhoodEstimated payment $1,859/month
Highlights
- Laundry Room
- Forced Air Heating System
- Level Lot
- Landscaped
About This Home
Great Investment Property with Two Units close to the college and hospitals!
This fantastic investment property features two separate homes—823 and 823 1/2—situated on a nicely fenced lot and freshly graveled driveways. Unit #1 (823) has been recently remodeled and includes a spacious floorplan with 1,240 sq ft of living space, room to make 2nd bedroom, and a covered carport for convenient front access. Unit #2 (823 1/2) is a charming 1-bedrrom, 1-bathroom 600 sq ft unit with parking access via the alley (no interior pictures of this unit included so come take a look). Both units are currently occupied with great tenants, making this an ideal property for investors seeking immediate rental income. There is irrigation water for the yards, recently refreshed paint, newer roof, new fencing. Video and audio recording on property-please do not disturb tenants. Don't miss this opportunity!
Listing Agent
eXp Realty, LLC - Billings Brokerage Phone: 406-208-5140 Listed on: 03/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,549
Year Built
- Built in 1940
Lot Details
- 7,000 Sq Ft Lot
- Landscaped
- Level Lot
- Sprinkler System
Home Design
- 1,840 Sq Ft Home
- Shingle Roof
- Asphalt Roof
- Masonite
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 4 Parking Spaces
- Additional Parking
Schools
- Mckinley Elementary School
- Riverside Middle School
- Senior High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number A02127
Community Details
Overview
- 2 Units
- Billings First Add Subdivision
Building Details
- Gross Income $2,175
- Net Operating Income $2,075
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 |
|---|---|---|---|---|
| 2024 | $1,549 | $154,098 | $38,678 | $115,420 |
| 2023 | $1,596 | $154,098 | $38,678 | $115,420 |
| 2022 | $1,485 | $125,915 | $0 | $0 |
| 2021 | $1,452 | $125,915 | $0 | $0 |
| 2020 | $1,506 | $127,814 | $0 | $0 |
| 2019 | $1,439 | $124,100 | $0 | $0 |
| 2018 | $1,282 | $110,000 | $0 | $0 |
| 2017 | $1,245 | $110,000 | $0 | $0 |
| 2016 | $1,239 | $111,700 | $0 | $0 |
| 2015 | $1,211 | $111,700 | $0 | $0 |
| 2014 | $973 | $46,057 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Price Changed | $319,900 | -1.5% | $174 / Sq Ft |
| 06/16/2025 06/16/25 | Price Changed | $324,900 | -1.2% | $177 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $329,000 | -2.9% | $179 / Sq Ft |
| 05/12/2025 05/12/25 | Price Changed | $339,000 | -2.9% | $184 / Sq Ft |
| 03/26/2025 03/26/25 | For Sale | $349,000 | 0.0% | $190 / Sq Ft |
| 10/01/2024 10/01/24 | For Rent | $1,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $159,600 | First Montana Title Company | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $120,000 | New Conventional | |
| Previous Owner | $66,366 | New Conventional | |
| Previous Owner | $70,000 | Purchase Money Mortgage | |
| Previous Owner | $19,617 | Unknown |
Source: Billings Multiple Listing Service
MLS Number: 351598
APN: 03-1033-33-2-13-19-0000
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