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    238 Terry Ave Billings, MT 59101

    Sponsored
    For Sale
    $340,000

    MULTI_FAMILY - Billings, MT

    Property size:
    2,098 SF
    Lot size:
    0.12 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 8 at 9:06 pm

    Property Features for 238 Terry Ave

    General Information

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

    Utilities

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

    Building Details

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

    Dick Zier Brokerage

    Listing agent Amanda Escene (406) 698-3153 License #RRE-RBS-LIC-62484

    Listing date Jan 7, 2026

    MLS# 357067 Listing URL

    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 Near Downtown

    This well-maintained and lightly updated triplex, constructed in 1950, is located near downtown Billings. The property offers potential as a real estate investment. The front house is divided into two units, each featuring 2 bedrooms and 1 bathroom. One unit is situated on the main level, while the other is located downstairs. The basement unit includes egress windows in both bedrooms and has generous ceiling height throughout. A detached back house, built in 1927, is a bungalow with 1 bedroom and 1 bathroom, and includes alley parking. The property consists of 0.1205 acres. The property size is 2098 square feet. Newer siding and roof on both houses help offset major upfront expenses. The back house is currently occupied and rents for $795, while the recently vacated units in the front house are expected the garner $1400 and $1200 for estimated monthly rents. The property is located in Yellowstone County, Montana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.52231
    Latitude
    45.774984

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    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex near downtown Billings, ideal for investment.
    Where is this triplex located?
    The property is located at 238 Terry Ave 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 triplex investment property near downtown, perfect for 'house hacking'.; - Potential for significant rental income from three units.; - Newer siding and roof minimize immediate major expenses.
    (406) 698-3153
    Request Owner's contact information
    238 Terry Ave Billings, MT 59101
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    Billings, MT 59101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    238 Terry Ave Billings, MT 59101
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