1257 N 26th Street, Billings, MT 59101
Local realty services provided by:ERA American Real Estate
Listed by: john goggins, non member non member
Office: the goggins company
MLS#:360976
Source:MT_BAR
Price summary
- Price:$499,000
About this home
Investment opportunity in an exceptionally well-located Billings 4-plex! Offered at $499,000 with $51,720 gross income and $38,775 net income, producing an approximate 7.75% cap rate. Located directly across from the new hospital development, and just steps from MSUB, this property is positioned for strong rental demand. All four units are side-by-side and completely step-free, offering convenient single-level living. Units have recently received tasteful facelifts including new paint, trim, and flooring as needed, while the exterior has also been freshly painted. Two units are furnished and leased to traveling professionals, while the other two are occupied by longer-term tenants currently paying slightly below-market rents, providing potential upside. A turnkey investment with excellent location, solid income, and room to grow.
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Home facts
- Year built:1947
- Subdivision & Development:Sunnyside
- Listing ID #:360976
- Added:44 day(s) ago
- Updated:September 17, 2026 at 04:41 PM
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1947
- Lot area:0.23 Acres
- Architectural Style:Ranch
- Levels:1 Story
Schools
- High school:Senior High
- Middle school:Riverside
- Elementary school:Mckinley
Finances and disclosures
- Price:$499,000
- Tax amount:$2,082
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