1019 Poly Drive Billings, MT 59102
MULTI_FAMILY - Ranch - Billings, MT
Property Features for 1019 Poly Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 5
- Rooms
- Bathroom 3, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2
- Patio and Porch features
- Patio, Deck
- Exterior features
- Fence, Storage
- Fencing
- Fenced
- Appliances
- GasRange, Stove
- Standard status
- Active
- APN
- A05163
- Size
- 2,846 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- COLLEGE SUBD 1ST FILING Block: 3 Lot: 10
- Tax Annual Amount
- 2513
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1953
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Masonite
- Roof type
- Shingle, Asphalt
- Architectural style
- Ranch
- Additional Structures
- Storage
Listing agent Sara Alexander License #RRE-RBS-LIC-82397 (406) 860-0653
Listing office Meridian Real Estate LLC 2310 Broadwater Ave Unit 8, Billings, MT (406) 671-6955
Listing date Jul 8, 2026
Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in mid-town Billings, close to hospitals, colleges, and conveniences. Outside, there is a detached 2-car garage, plus a fenced backyard with a deck and a fire pit area.
Key Highlights
- 1953 ranch‑style up/down home in mid‑town Billings with public water and public sewer
- Upstairs: large living room, eat‑in kitchen, 2 bedrooms, 1.5 baths, and dedicated laundry room
- Downstairs: 3 bedrooms, 1 bath, spacious living room, eat‑in kitchen, dedicated laundry room, lots of storage, and private entrance
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.3k | $13.80 |
| − Vacancy | −$2.2k | −$0.76 |
| EGI | $37.1k | $13.04 |
| − OpEx | −$11.1k | −$3.91 |
| NOI | $26.0k | $9.13 |
