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420 Lordwith Drive Billings, MT 59102

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For Sale
$5,450,000

COMMERCIAL - Billings, MT

Property size:
23,760 SF
Lot size:
0.55 Acres
Added:
Apr 13, 2026
Days on Market:
2
Last Refresh:
Apr 14 at 9:06 am

Property Features for 420 Lordwith Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Standard status
Active
APN
A18622
Size
23,760 SF
Lot size
0.55 Acres

Taxes and HOA fees

Tax Description
WITHERUP SUBD, S32, T01 N, R26 E, BLOCK 1, Lot 1 - 2, (14) Units 1-8
Tax Annual Amount
9839

Utilities

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

Building Details

Year built
1959
Floors in Building
2
Building materials
Brick
Roof type
Shingle, Asphalt

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Listing Contact
Lukas Seely
Lukas Seely

Listing agent Lukas Seely License #RRE-RBS-LIC-88004

Listing office Century 21 Americana 1605 Shiloh Rd, Billings, MT

Listing date Apr 13, 2026

MLS# 358713

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

Stabilized Multifamily in Central Billings

The Residences at Lordwith is a stabilized 24-unit multifamily property situated in a central Billings infill location, near Pioneer Park and downtown. The property is fully occupied with a waitlist. It provides consistent cash flow supported by strong demand and professional management. The property offers upside through renovation of remaining classic units. Updated units are already achieving higher rents and demonstrating a repeatable path to increased NOI. An approved condo conversion adds flexibility, allowing for long-term hold, phased sell-off, or full retail disposition. The property contains 23,760 square feet and sits on a 0.5455-acre lot.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Lordwith Apartments Apartment Complex

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Billings
County
Yellowstone
State
Montana
Longitude
-108.5266
Latitude
45.78625

FAQs

What type of property is this?
Apartment building - 24-unit multifamily property with renovation upside and condo conversion potential.
Where is this apartment building located?
The property is located at 420 Lordwith Drive Billings, MT.
What is the asking price?
The asking price for this property is $5,450,000.
What are key features of this property?
This property features: Fully occupied with a waitlist, ensuring consistent cash flow.; Clear upside through renovation of remaining classic units, with updated units achieving higher rents.; Approved condo conversion provides flexibility for long‑term hold, phased sell‑off, or full retail disposition.
More about this property
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