420 Lordwith Drive #Building C, Billings, MT 59102

Local realty services provided by:ERA American Real Estate
420 Lordwith Drive #Building C,Billings, MT 59102
$1,711,340
  • - Beds
  • - Baths
  • 7,920 sq. ft.
  • Multi-family
  • Active
Listed by: lukas seely
Office: century 21 americana
MLS#:358712
Source:MT_BAR

Price summary

  • Price:$1,711,340
  • Price per sq. ft.:$216.08

About this home

8-unit, two-story brick multifamily offering all 2BR/1BA units, 100% occupied with an active waitlist. Balanced unit mix with 4 renovated and 4 classic units creates a strong in-place income stream with clear upside. Classic units present a proven path to increased rents through interior updates, making this the most compelling value-add opportunity in the portfolio. Current income supports immediate cash flow, while future improvements allow for meaningful growth. Condo conversion has been approved, providing flexibility for a potential sell-off strategy or long-term hold. Located within a three-building offering at 420 Lordwith Drive, available individually or as part of the full portfolio. Positioned less than one mile from a major hospital development, supporting long-term rental demand.

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Home facts

  • Year built:1959
  • Listing ID #:358712
  • Added:9 day(s) ago
  • Updated:April 14, 2026 at 03:55 AM

Rooms and interior

  • Living area:7,920 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1959
  • Building area:7,920 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Interior Lot, Landscaped
  • Architectural Style:TwoStory
  • Levels:2 Story

Schools

  • High school:Senior High
  • Middle school:Lewis and Clark
  • Elementary school:Mckinley

Finances and disclosures

  • Price:$1,711,340
  • Price per sq. ft.:$216.08
  • Tax amount:$9,839