312 S 31st Street, Billings, MT 59101
Local realty services provided by:ERA American Real Estate
Listed by: shawn johnston
Office: keller williams yellowstone properties
MLS#:358141
Source:MT_BAR
Price summary
- Price:$250,000
- Price per sq. ft.:$137.67
About this home
What if $250,000 could get you not one home, but 3 with 4 total living spaces? Investors, flippers, and savvy owner-occupants stop scrolling.
Currently producing income, this unique setup offers 4 separate living spaces, 3 houses, giving multiple ways to create cash flow, day one. It’s a little rough around the edges. But that’s exactly where the opportunity is. Live in one and let the others help offset your payment. Rent all four and explore the upside. Improve the finishes over time and unlock even more value. Opportunities like this do not come around often:
Main front unit: 1 bed, 1 bath, living room, dining area, washer/dryer hookups
Upper apartment: Efficiency kitchen
Detached studio: full bath and kitchen
Detached 1-bed: 1 bed, 1 bath, eff. kitchen
If you’ve been waiting for a property with income now and upside later, this one is worth seeing before everyone else does.
Contact an agent
Home facts
- Year built:1920
- Listing ID #:358141
- Added:62 day(s) ago
- Updated:May 21, 2026 at 03:07 PM
Rooms and interior
- Living area:1,816 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Gas
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1920
- Building area:1,816 sq. ft.
- Lot area:0.08 Acres
- Architectural Style:Ranch, TwoStory
- Construction Materials:Wood Siding
- Levels:1 Story
Schools
- High school:Senior High
- Middle school:Riverside
- Elementary school:Orchard
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$137.67
- Tax amount:$1,574
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