2517 Arnold Lane, Billings, MT 59102

Billings
Local realty services provided by:ERA American Real Estate
2517 Arnold Lane,Billings, MT 59102
$826,533
Virtual Tour
  • 5 Beds
  • 3 Baths
  • 2,762 sq. ft.
  • Single family
  • Active
Listed by: steve wells
Office: century 21 americana
MLS#:360288
Source:MT_BAR

Price summary

  • Price:$826,533
  • Price per sq. ft.:$299.25

About this home

Turnkey tri-income property directly across from Lillis Park. Three separate rental streams generating $5,455/month ($65,460 annually) with all units leased at market rents. The main residence (1,529 sq ft | 3BD/2BA) and basement apartment (1,233 sq ft | 2BD/1BA) were completely rebuilt to the studs in 2025 — new LVP flooring, stainless appliances, and new roof. The detached ADU (960 sq ft | 2BD/2BA), completed in 2026, features a private patio and dedicated parking. All three units enjoy off-street parking on a 16,500 sq ft lot with freshly landscaped grounds and new asphalt parking added in 2026. Cap rate approaching 6% at list price. Zero deferred maintenance. Immediate returns. Rent Rolls available on request and signed NDA

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Home facts

  • Year built:1950
  • Subdivision & Development:NA
  • Listing ID #:360288
  • Added:47 day(s) ago
  • Updated:August 16, 2026 at 03:35 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:8
  • Kitchen Description:Gas Range, Range, Refrigerator
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,762 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1950
  • Building area:2,762 sq. ft.
  • Lot area:0.38 Acres
  • Lot Features:Landscaped
  • Architectural Style:Ranch
  • Construction Materials:Hardboard
  • Levels:1 Story

Schools

  • High school:West
  • Middle school:Will James
  • Elementary school:Burlington

Finances and disclosures

  • Price:$826,533
  • Price per sq. ft.:$299.25
  • Tax amount:$2,397

Parking

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

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