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    Three-Unit Residential Income Property Title is generated by Realmo AI

    240 Terry Avenue, Billings, MT 59101

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    Claim this Listing
    For Sale
    $345,000

    MULTI_FAMILY - Billings, MT

    Property size:
    1,702 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $202/SF
    Added:
    Jun 16, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 27 at 5:06 pm

    Property Features for 240 Terry Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 2
    Parking
    3
    Patio and Porch features
    Patio, Deck
    Standard status
    Active
    APN
    A15911
    Size
    1,702 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Description
    SUBURBAN SUBD, S04, T01 S, R26 E, BLOCK 10, Lot 26 - 27
    Tax Annual Amount
    2111

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1919
    Floors in Building
    1
    Number of units
    3
    Building materials
    AluminumSiding
    Roof type
    Asphalt, Shingle

    We can help!

    Contact an agent
    Heidi Brosovich
    Heidi Brosovich

    Listing agent Heidi Brosovich License #RRE-RBS-LIC-54696

    Listing office Montana Real Estate Brokers 2050 Broadwater Ave., Ste B, Billings, MT

    Listing date Jun 16, 2026

    MLS# 359312 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

    This three-unit residential income property includes two residences and a detached back house with a detached 2-car garage. The main level unit features 3 bedrooms and 1 bathroom. The lower level unit has 2 bedrooms and 1 bathroom. The back house is approximately 700 square feet and offers an open-concept layout with 1 bathroom. Two units are currently leased, while one unit is vacant and available for viewing or owner occupancy. The property also has a new sewer line, and a pre-inspection is available. No AC is noted in the remarks.

    Located at 240 Terry Avenue in downtown Billings, the property is described as being just minutes from schools, parks, shopping, dining, and city amenities.

    For investors, the current leasing status provides multiple rental options, with two units occupied and one unit available to bring online. For owner-occupants, the vacancy can support living in one unit while using the leased units to offset housing costs. With the detached garage and distinct unit layouts, this configuration may suit buyers looking for flexibility across the property’s three separate living spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    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

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.522458
    Latitude
    45.774888

    FAQs

    What type of property is this?
    Triplex - Three units with two currently leased and one vacant, plus a detached two-car garage in downtown Billings.
    Where is this triplex located?
    The property is located at 240 Terry Avenue Billings, MT.
    What is the asking price?
    The asking price for this property is $345,000.
    More about this property
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