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Under contract
  • $1,250,000

    305 S 32nd St, Billings, MT 59101

    10beds
    4baths
    7,608sqft
    : 
    Multi Family, Single Family Residence
    Built in 1912
    -- sqft lot
    $-- Zestimate®
    $164/sqft
    $-- HOA

    What's special

    The 9 Sisters – 11-Unit Multifamily Investment Opportunity Professionally managed 11-unit multifamily property generating $11,800 in monthly gross rents. Unit mix includes (2) 3-bedroom units, (2) 1-bedroom units, and (7) 2-bedroom units. Two units have been recently updated; the remaining units are in average rental condition. Street parking available. Total annual income: $141,600; estimated annual expenses: $53,160; net operating income: $88,440. Reflecting a 7.1% cap rate. Fully occupied, offering immediate cash flow with potential for increased returns through further renovations and rent adjustments.
    57 days
    on Zillow
    |
    55
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 16, 2025 at 07:51am

    Listed by:

    Jeffrey Klaus 406-855-1081,

    Meridian Real Estate LLC

    Source: BMTMLS,MLS#: 351932MLS LogoOriginating MLS: Billings Association Of REALTORS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    Heating
    • Forced Air, Gas, Other
    Cooling
    • None
    Interior area
    • Total interior livable area: 7,608 sqft
    • Finished area above ground: 7,608
    Video & virtual tour

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.8 Acres
    Details
    • Parcel number: A01365
    • Zoning description: Neighborhood Mixed-Use

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Cottage,Ranch
    • Property subtype: Multi Family, Single Family Residence
    Materials
    • Hardboard
    • Roof: Shingle
    Condition
    • Resale
    • Year built: 1912

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Billings Original Townsite
    Location
    • Region: Billings

    Financial & listing details

    • Price per square foot: $164/sqft
    • Tax assessed value: $329,829
    • Annual tax amount: $12,000
    • Date on market: 4/9/2025
    • Listing terms: Cash,New Loan
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