2646 Rimrock Road, Billings, MT 59102
MULTI_FAMILY - Ranch - Billings, MT
- Added:
- Dec 4, 2025
- Days on Market:
- 205
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 2646 Rimrock Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 4
- Rooms
- Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3
- Standard status
- Active
- APN
- A08644
- Size
- 2,005 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- HENTON SUBD 715, S35, T01 N, R25 E, BLOCK 1, Lot 5
- Tax Annual Amount
- 2614
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1956
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- WoodSiding
- Roof type
- Asphalt, Shingle
- Architectural style
- Ranch
Listing agent Jamie Lee Rindahl License #RRE-BRO-LIC-119004 (406) 591-0500
Listing office eXp Realty, LLC - Billings 1205 S Main Street, Ste. 335, Kalispell, MT (406) 578-4399
Listing date Dec 4, 2025
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.
HighLights
- Fully rented duplex
- 1956‑built ranch duplex
- Wood siding exterior with asphalt shingle roof
- Heated with natural gas forced air
- Public water and public sewer
- 2 bathrooms and 4 bedrooms total across the duplex
Overview
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 | $27.7k | $13.80 |
| − Vacancy | −$1.5k | −$0.76 |
| EGI | $26.1k | $13.04 |
| − OpEx | −$7.8k | −$3.91 |
| NOI | $18.3k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.583137
- Latitude
- 45.798391
