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For sale
Duplexes
MT
Billings
59101
334 & 334 1/2 Yellowstone Avenue

Updated Duplex with Rental History

334 & 334 1/2 Yellowstone Avenue, Billings, MT 59101

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For Sale

$334,500

MULTI_FAMILY - Ranch - Billings, MT

Type:Single Family Residence

Property size:

2,014 SF

Lot size:

0.16 Acres

Price / SF:

$166/SF

HighLights

Duplex: Ideal for investors or owner‑occupants seeking rental income.
Two units: Front unit with 2 bedrooms, 1 bath, bonus room, and basement laundry; Back unit with private entry, new carpet/paint.
New exterior paint, improved landscaping, and mature trees enhance curb appeal.
Solid rental history.
Each unit has a private porch and ample garage space.
Updated features include remodeled bathroom and updated kitchen countertops in back unit.

We can help!

Listing Contact

Kimberly Ehrlich

Learn more

For Sale

$334,500

MULTI_FAMILY - Ranch - Billings, MT

Type:Single Family Residence

Property size:

2,014 SF

Lot size:

0.16 Acres

Price / SF:

$166/SF

Added:: May 29, 2026
Days on Market:: 14
Last Refresh:: Jun 11 at 11:06 pm

Property Features for 334 & 334 1/2 Yellowstone Avenue

General Information

Property type: Residential Multi Family
Property subtype: Single Family Residence
Bedrooms: 3
Rooms: Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3
Parking: 2
Exterior features: Fence, SprinklerIrrigation, Storage
Fencing: Fenced
Standard status: Active
APN: A18220
Size: 2,014 SF
Lot size: 0.16 Acres

Taxes and HOA fees

Tax Description: WEST SIDE SUBD, S04, T01 S, R26 E, BLOCK 27, Lot 30 - 31
Tax Annual Amount: 1650

Utilities

Sewer type: Public Sewer
Water source: Public

Building Details

Year built: 1910
Floors in Building: 1
Number of units: 2
Building materials: Asbestos, WoodSiding
Roof type: Asphalt, Shingle
Architectural style: Ranch
Additional Structures: Storage

We can help!

Listing Contact

Kimberly Ehrlich

Listing agent Kimberly Ehrlich License #RRE-RBS-LIC-70881

Listing office Western Skies Real Estate Billings, MT

Listing date May 29, 2026

MLS# 356461 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.

HighLights

Duplex: Ideal for investors or owner‑occupants seeking rental income.
Two units: Front unit with 2 bedrooms, 1 bath, bonus room, and basement laundry; Back unit with private entry, new carpet/paint.
New exterior paint, improved landscaping, and mature trees enhance curb appeal.
Solid rental history.
Each unit has a private porch and ample garage space.
Updated features include remodeled bathroom and updated kitchen countertops in back unit.

Overview

This front-to-back duplex features new exterior paint and a mix of updates and character. The front unit includes 2 bedrooms, 1 bath, plus a bonus room and laundry in the basement. The back apartment offers a private entry, new carpet and paint, a remodeled bathroom, and updated kitchen countertops. A freshly painted deck, improved landscaping, and mature trees enhance the property's curb appeal. Each tenant benefits from their own porch and space, along with ample garage space. With a solid rental history, the layout suits both investors and owners looking to occupy one unit while renting out the other. The property size is 2014 square feet and the lot size is 0.161 acres.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$27.8k	$13.80
− Vacancy	−$1.5k	−$0.76
EGI	$26.3k	$13.04
− OpEx	−$7.9k	−$3.91
NOI	$18.4k	$9.13

2,014 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$262.6K

$229.8K – $306.4K (±1% cap)

NOI $18,385 @ 7.0% cap · market cap 5.50%

Second Best

Apartment 5plus

$243.5K

$213.1K – $284.1K (±1% cap)

NOI $17,048 @ 7.0% cap · market cap 5.10%

Theoretical Best

Office A

$439.4K

$384.5K – $512.7K (±1% cap)

NOI $30,761 @ 7.0% cap · market cap 9.20%

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

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Billings
County: Yellowstone
State: Montana
Longitude: -108.524632
Latitude: 45.778884

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For sale
Duplexes
MT
Billings
59101
334 & 334 1/2 Yellowstone Avenue

What type of property is this?

Duplex - Updated duplex with solid rental history in Billings, Montana.

Where is this duplex located?

The property is located at 334 & 334 1/2 Yellowstone Avenue Billings, MT.

What is the asking price?

The asking price for this property is $334,500.

What are key features of this property?

This property features: Duplex: Ideal for investors or owner‑occupants seeking rental income.; Two units: Front unit with 2 bedrooms, 1 bath, bonus room, and basement laundry; Back unit with private entry, new carpet/paint.; New exterior paint, improved landscaping, and mature trees enhance curb appeal.

334 & 334 1/2 Yellowstone Avenue, Billings, MT 59101

MULTI_FAMILY - Ranch - Billings, MT

Property Features for 334 & 334 1/2 Yellowstone Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Remodeled Duplex Investment Opportunity

Billings Grow Facility with Shop

Mixed-Use Property in Billings, MT

Westend Industrial Condo/Flex Space

Prime Office/Flex Space Opportunity

New-Build Triplex in Billings, MT

Billings Heights 5-Plex Investment

West End Billings Business Opportunity

Retail and Warehouse Building with Overhead Doors

Billings Multifamily Sober Living Home

Renovated Two-Level Office Building

West End Duplex Opportunity

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