305 S 32nd Street, Billings, MT 59101

Local realty services provided by:ERA American Real Estate
305 S 32nd Street,Billings, MT 59101
$1,250,000
  • - Beds
  • - Baths
  • 7,608 sq. ft.
  • Single family
  • Active
Listed by:jeffrey klaus406-855-1081
Office:meridian real estate llc.
MLS#:351932
Source:MT_BAR

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$164.3

About this home

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.

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Home facts

  • Year built:1912
  • Listing Id #:351932
  • Added:126 day(s) ago
  • Updated:July 16, 2025 at 03:44 PM

Rooms and interior

  • Living area:7,608 sq. ft.

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1912
  • Building area:7,608 sq. ft.
  • Lot area:0.8 Acres

Schools

  • High school:Senior High
  • Middle school:Riverside
  • Elementary school:Orchard

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$164.3
  • Tax amount:$12,000