305 S 32nd Street, Billings, MT 59101
Local realty services provided by:ERA American Real Estate
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.
Contact an agent
Home facts
- Year built:1912
- Listing ID #:351932
- Added:170 day(s) ago
- Updated:September 27, 2025 at 03:10 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
New listings near 305 S 32nd Street
- New
$1,050,000Active4 beds 3 baths3,166 sq. ft.2235 Smooth Rock Lane, Billings, MT 59106
MLS# 355782Listed by: ENGEL & VOELKERS - New
$292,000Active3 beds 2 baths1,508 sq. ft.945 N 23rd, Billings, MT 59101
MLS# 355795Listed by: EXIT REALTY LAUREL - New
$850,000Active4 beds 3 baths2,378 sq. ft.TBD Seer Stone Lane, Billings, MT 59106
MLS# 355736Listed by: CENTURY 21 HOMETOWN BROKERS - New
$370,000Active3 beds 3 baths1,960 sq. ft.2020 Swanson Lane, Billings, MT 59102
MLS# 355692Listed by: REALTY BILLINGS - Open Sat, 12 to 2pmNew
$379,000Active4 beds 3 baths2,112 sq. ft.2124 Lewis Avenue, Billings, MT 59102
MLS# 355714Listed by: KELLER WILLIAMS YELLOWSTONE PROPERTIES - Open Sat, 3 to 5pmNew
$359,000Active5 beds 3 baths2,288 sq. ft.2035 Avenue D, Billings, MT 59102
MLS# 355720Listed by: KELLER WILLIAMS YELLOWSTONE PROPERTIES - New
$369,900Active3 beds 2 baths1,361 sq. ft.997 Matador Avenue, Billings, MT 59105
MLS# 355784Listed by: OAKLAND & COMPANY - New
$489,000Active4 beds 2 baths2,459 sq. ft.1028 Princeton Ave, Billings, MT 59102
MLS# 355719Listed by: BERKSHIRE HATHAWAY HS FLOBERG - New
$129,900Active2 beds 1 baths585 sq. ft.137 Jackson, Billings, MT 59101
MLS# 355783Listed by: CONGRESS REALTY - New
$549,900Active3 beds 2 baths2,328 sq. ft.1320 Maxer Circle, Billings, MT 59101
MLS# 355689Listed by: PUREWEST REAL ESTATE - BILLINGS
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.