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238 Terry Avenue Billings, MT 59101

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For Sale
Under Contract
$340,000

MULTI_FAMILY - Billings, MT

Property size:
2,098 SF
Lot size:
0.12 Acres
Added:
Feb 25, 2026
Days on Market:
46
Last Refresh:
Apr 12 at 5:06 pm

Property Features for 238 Terry Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Rooms
Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 2
Standard status
Active Under Contract
APN
A15912
Size
2,098 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Description
SUBURBAN SUBD, S04, T01 S, R26 E, BLOCK 10, Lot 28, & W2 LT 29
Tax Annual Amount
2087

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1950
Floors in Building
1
Number of units
3
Roof type
Asphalt

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Listing Contact
Amanda Escene

Listing agent Amanda Escene License #RRE-RBS-LIC-62484

Listing office Full Circle Realty 1411 Emma Ave, Billings, MT

Listing date Feb 25, 2026

MLS# 357067

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 Triplex Investment Opportunity

This well-maintained triplex, lightly updated and located near downtown Billings, Montana, presents a real estate investment opportunity. The property includes a front house, built in 1950, which is divided into two units. Each unit contains two bedrooms and one bathroom. One unit is located on the main level, and the other is downstairs. The basement unit includes egress windows in both bedrooms and features generous ceiling height throughout. Additionally, there is a detached back house, a 1927 bungalow with one bedroom, one bathroom, and an attached one-car garage. A shared laundry room with a coin-operated washer and dryer is attached to the side of the back house. Newer siding and a newer roof on both houses help offset major upfront expenses. The back house is currently occupied and rents for $795. The recently vacated units in the front house are expected to garner $1400 and $1200 and are currently being advertised for rent. The property is located in Yellowstone County and has a lot size of 0.1205 acres. The total property size is 2098 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Specialty properties

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

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City
Billings
County
Yellowstone
State
Montana
Longitude
-108.52231
Latitude
45.774984

FAQs

What type of property is this?
Specialty property - Well-maintained triplex near downtown Billings, ideal for investors.
Where is this specialty property located?
The property is located at 238 Terry Avenue Billings, MT.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Lucrative real estate investment opportunity with income potential from three units.; Ideal for 'house hacking' - live in one unit and rent out the other two.; Two units in the front house are expected to generate $1400 and $1200 in monthly rent.
More about this property
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