1257 N 26th Street, Billings, MT 59101

Local realty services provided by:ERA American Real Estate
1257 N 26th Street,Billings, MT 59101
$499,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
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:1 day(s) ago
  • Updated:August 04, 2026 at 06:56 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