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1612 Kelby Drive Billings, MT 59105

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For Sale
Under Contract
$600,000

MULTI_FAMILY - Other - Billings, MT

Property size:
3,808 SF
Lot size:
0.32 Acres
Added:
Mar 9, 2026
Days on Market:
25
Last Refresh:
Apr 2 at 9:06 am

Property Features for 1612 Kelby Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Rooms
Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 8, Bedroom 7, Bathroom 4, Bedroom 5, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 1
Parking
4
Exterior features
SprinklerIrrigation
Standard status
Active Under Contract
APN
C06631
Size
3,808 SF
Lot size
0.32 Acres

Taxes and HOA fees

TaxDescription
VISTA HEIGHTS 2ND FILING, S15, T01 N, R26 E, BLOCK 3, Lot 2
TaxAnnualAmount
3835

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Water source
Public

Building Details

Year built
1972
Floors in Building
2
Number of units
4
Building materials
MetalSiding
Roof type
Shingle, Asphalt
Architectural style
Other

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Listing Contact
Korinne Rice
Korinne Rice

Listing agent Korinne Rice License #RRE-RBS-LIC-87887

Listing office Berkshire Hathaway HS Floberg 1550 Poly Drive, BILLINGS, MT

Listing date Mar 9, 2026

MLS# 355464

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.


Overview

Billings Fourplex with Detached Garages

This fourplex in Billings, Montana, presents an investment opportunity. The property features four units, each with two bedrooms and one bathroom. Each unit has its own detached garage with manual doors, and there is additional off-street parking available. Two units are located upstairs, and two are downstairs. The property uses a boiler system for heat. The landlord is responsible for water, gas (boiler), sewer, and garbage expenses, while tenants cover electricity. The property is currently at 100 percent occupancy, with many long-term tenants and low turnover. A newer roof has been installed. The upper units are equipped with wall AC units. Yard irrigation is supplied by a well. A coin-operated laundry facility is located in the building. Additionally, there is an approximately 8x30 shed on the property with two garage doors. The lot size is 0.3157 acres, and the property size is 3808 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Billings
County
Yellowstone
State
Montana
Longitude
-108.473525
Latitude
45.828

FAQs

What type of property is this?
Quadplex - Four 2-bed/1-bath units, detached garages, and long-term tenants.
Where is this quadplex located?
The property is located at 1612 Kelby Drive Billings, MT.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Fourplex: Ideal investment with multiple rental income streams.; 100% Occupancy: Currently fully occupied with long‑term tenants, ensuring immediate cash flow.; Detached Garages: Each unit includes a private, detached garage.
More about this property
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