242 Hemlock Drive, Billings, MT 59101

Local realty services provided by:ERA American Real Estate
242 Hemlock Drive,Billings, MT 59101
$225,000
  • 3 Beds
  • 2 Baths
  • 1,356 sq. ft.
  • Single family
  • Active
Listed by: shawn johnston
Office: keller williams yellowstone properties
MLS#:360130
Source:MT_BAR

Price summary

  • Price:$225,000
  • Price per sq. ft.:$165.93

About this home

Pick up some mailbox money with this cashflow property in Lockwood. Currently offering an approximate cap of 8.4%. This property provides a great combo 2 unit rental opportunity including a 2bed 1 bath house and a 1 bed 1 bath mobile. Pick it up for the cashflow or move into one and rent the other out. Both units are currently rented with renters wishing to remain. Located on a secluded street in the middle of Lockwood this is your chance to add a strong rental property to your portfolio. Also listed in Multi-Family MLS 360131

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Home facts

  • Year built:1958
  • Subdivision & Development:Hillner
  • Listing ID #:360130
  • Added:38 day(s) ago
  • Updated:July 28, 2026 at 11:00 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:9
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Living area:1,356 sq. ft.

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Roof:Asphalt, Metal, Shingle
  • Year built:1958
  • Building area:1,356 sq. ft.
  • Lot area:0.24 Acres
  • Architectural Style:Other
  • Construction Materials:Asbestos
  • Levels:1 Story

Schools

  • High school:Lockwood
  • Middle school:Lockwood
  • Elementary school:Lockwood

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$165.93
  • Tax amount:$2,022

Parking

  • Parking description:Attached
  • Garage:Yes
  • Garage spaces:1