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    Billings, MT Apartment Buildings for Sale

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    Laurel, MT Stevensville, MT Huntley, MT Shepherd, MT Acton, MT Joliet, MT Edgar, MT Molt, MT
    13 properties
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    6-Unit Apartment Building
    Updated: Jul 1
    6-Unit Apartment Building

    4633 King Avenue W, Billings, MT 59106

    $1,990,000
    7,864 sqft 1.84 AC lot
    6‑unit apartment building with 7,864 square feet
    Unit mix includes two 2‑bedroom/1‑bath, two 2‑bedroom/2‑bath, and two 3‑bedroom/2.5‑bath units
    20 of 24 total units are currently leased
    Located at 4633 King Avenue W in Billings, MT 59106
    Public water and public sewer service
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    Five-Unit Apartment Building
    Updated: Jun 26
    Five-Unit Apartment Building

    405 Roxy Lane, Billings, MT 59105

    $810,000
    5,600 sqft 0.28 AC lot
    Five two‑bedroom, one‑bath units, each approximately 1,120 sq ft
    5,600‑square‑foot apartment property on a 0.2762‑acre corner lot
    Additional parking, storage, underground sprinklers, decks, and patios
    Built in 1982 with Masonite exterior and asphalt shingle roof
    Electric baseboard heating with public water and public sewer
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    24-Unit Brick Apartment Building
    24-Unit Brick Apartment Building

    420 Lordwith Drive, Billings, MT 59102

    $5,450,000
    23,760 sqft 0.55 AC lot

    Fully occupied multifamily asset near downtown with public utilities, central air conditioning, and a parking lot.

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    See hot listings in Billings

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Stabilized Multifamily Investment Opportunity
    Stabilized Multifamily Investment Opportunity

    1439 Flathead Street, Billings, MT 59105

    $3,167,350
    13,324 sqft 0.93 AC lot

    16-unit apartment complex with garages in established residential area.

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    Renovated Six-Unit Apartment Property
    Renovated Six-Unit Apartment Property

    206-210 N 18th Street, Billings, MT 59101

    $774,000
    3,362 sqft 0.16 AC lot

    Fourplex and two houses occupy two legal parcels with updated interiors.

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    Victorian-Style 5-Plex
    Victorian-Style 5-Plex

    105 Yellowstone Avenue, Billings, MT 59101

    $400,000
    5,310 sqft 0.32 AC lot

    Multifamily property with individual garage units, forced-air heating, and public water and sewer.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Stabilized 16-Unit Apartment Investment
    Stabilized 16-Unit Apartment Investment

    1447 Flathead St, Billings, MT 59105

    $3,167,350
    13,324 sqft

    Fully occupied 16-unit multifamily property featuring all 1-bedroom units with tenant-paid electric utilities.

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    8-Unit Brick Apartment Building
    8-Unit Brick Apartment Building

    420 Lordwith Drive Building B, Billings, MT 59102

    $1,841,880
    7,920 sqft

    Fully occupied two-story property with an active waitlist and an approved condo-conversion option.

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    Multifamily Investment Opportunity in Billings
    Multifamily Investment Opportunity in Billings

    1920 Old Hardin Rd, Billings, MT 59101

    $1,850,000
    9,016 sqft

    Two buildings, 13 units, potential for rent increases.

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    Eco-Friendly Multifamily Property in Billings
    Eco-Friendly Multifamily Property in Billings

    2605 Minnesota Avenue, Billings, MT 59101

    $1,800,000
    12,720 sqft

    Professionally designed, eco-friendly apartments with potential for additional revenue.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    405 Roxy Lane, Billings, MT 59105

    $810,000

    Corner-lot multifamily property with storage, outdoor living areas, and additional parking.

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    West End Multifamily Investment Opportunity
    West End Multifamily Investment Opportunity

    2601 Phyllis Ln, Billings, MT 59102

    $9,363,000

    Multifamily property in West End, near shopping and businesses.

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    Mixed-Use Development in Billings, MT
    Mixed-Use Development in Billings, MT

    62nd and Rimrock Road, Billings, MT 59106

    Contact for pricing

    Premier mixed-use development with retail, office, and residential opportunities.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Billings, MT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Laurel Multifamily Redevelopment Opportunity
    Laurel Multifamily Redevelopment Opportunity

    410 Colorado Avenue, Laurel, MT 59044

    $499,000
    59 sqft

    Two buildings totaling 59,050 SF on a 90,000 SF lot.

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    12-Unit USDA RD Apartment Property
    12-Unit USDA RD Apartment Property

    2465 2nd Street, Worden, MT 59088

    $1,130,000

    Established rental history with approximately nine years remaining in the USDA Rural Development program.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    2467 2nd Street, Worden, MT 59088

    $700,000

    USDA Rural Development participation complements recent flooring updates in shared hallways and laundry rooms.

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    Laurel Multifamily Property For Sale
    Laurel Multifamily Property For Sale

    921 E 4th St |, Laurel, MT 59044

    $1,585,000

    16-unit multifamily property with remodeled and new construction units.

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    Off-Market Properties in Billings, MT

    Consider similar Off-Market properties in Billings, MT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1526 Lk Elmo Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1526 Lk Elmo Dr, Billings, MT 59105-1726

    Estimated value:
    $375,000
    6,496 sqft 0.29 AC lot
    View details
    1203 Broadwater Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1203 Broadwater Ave, Billings, MT 59102-5319

    Estimated value:
    $545,000
    4,816 sqft 0.59 AC lot
    View details
    805 Ave C C
    GARDEN APT, COURT APT (5+ UNITS)

    805 Ave C C, Billings, MT 59102-3469

    Estimated value:
    $295,000
    2,520 sqft 0.22 AC lot
    View details
    1112 Miles Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1112 Miles Ave, Billings, MT 59102-5553

    Estimated value:
    $410,000
    3,702 sqft 0.32 AC lot
    View details
    940 Ave B B
    GARDEN APT, COURT APT (5+ UNITS)

    940 Ave B B, Billings, MT 59102-3358

    Estimated value:
    $335,000
    3,398 sqft 0.27 AC lot
    View details
    4215 Montana Sapphire Dr
    GARDEN APT, COURT APT (5+ UNITS)

    4215 Montana Sapphire Dr, Billings, MT 59106-2565

    Estimated value: by Request
    140,004 sqft 5.97 AC lot
    View details
    3011 Boulder Ave
    GARDEN APT, COURT APT (5+ UNITS)

    3011 Boulder Ave, Billings, MT 59102-2021

    Estimated value: by Request
    8,144 sqft 0.93 AC lot
    View details
    1601 Virginia Ln
    GARDEN APT, COURT APT (5+ UNITS)

    1601 Virginia Ln, Billings, MT 59102-3650

    Estimated value:
    $520,000
    5,188 sqft 0.45 AC lot
    View details
    828 Grand Ave
    GARDEN APT, COURT APT (5+ UNITS)

    828 Grand Ave, Billings, MT 59102

    Estimated value:
    $375,000
    6,246 sqft 0.59 AC lot
    View details
    241 Westchester S Sq
    GARDEN APT, COURT APT (5+ UNITS)

    241 Westchester S Sq, Billings, MT 59105-1635

    Estimated value:
    $390,000
    5,276 sqft 0.31 AC lot
    View details
    1227 Howard Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1227 Howard Ave, Billings, MT 59102-5251

    Estimated value:
    $455,000
    5,652 sqft 0.32 AC lot
    View details

    Billings, MT Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Billings, MT, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 102,200 square feet of properties for sale, with an estimated market value of $31,423,580.

    Sale prices for two-family homes in Billings, MT start at $400,000, averaging $2,618,631, and reaching up to $9,363,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 145K
    Population Growth (5Y) +7.5%
    Median Household Income $76,702
    College Educated 13.9%

    High-Yield Neighborhoods for Investment

    Identify Billings submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    59101 $1.2M
    59105 $2M
    59106 $2M
    59102 $4.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.09%
    Property Tax per SF $15.06 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Yellowstone County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Yellowstone County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Billings fall within the 100,000+ square foot range.

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