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.
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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
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