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    Remodeled 7-Plex Investment Property Title is generated by Realmo AI

    709 Anchor Avenue, Billings, MT 59105

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    Claim this Listing
    New
    For Sale
    $775,000

    MULTI_FAMILY - Ranch - Billings, MT

    Type:Single Family Residence
    Property size:
    3,652 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $212/SF
    Added:
    Jun 16, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 18 at 7:06 am

    Property Features for 709 Anchor Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    2
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
    Parking
    10
    Standard status
    Active
    APN
    C00650A
    Size
    3,652 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Description
    HERBERT SUBD, S22, T01 N, R26 E, BLOCK 1, Lot 5
    Tax Annual Amount
    3575

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1966
    Floors in Building
    1
    Number of units
    2
    Building materials
    Hardboard
    Roof type
    Metal
    Architectural style
    Ranch

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    Listing Contact
    Amanda Escene

    Listing agent Amanda Escene License #RRE-BRO-LIC-135963

    Listing office Montana Realty Services 201 N Broadway, Ste 26, MT

    Listing date Jun 16, 2026

    MLS# 358729 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

    • Mid‑century 7‑plex built in 1966 with 2 bedrooms and 2 bathrooms listed in the room details
    • New steel roof installed in 2012
    • 2013 upgrades include a brand new high‑efficiency boiler system plus new windows and doors
    • 2017 exterior improvements include smart siding and a french drain in the parking lot
    • All 7 units have been remodeled since 2012; 3 units include new LVP flooring
    • Projected June rent adjustments: 5 units at $895/month and 2 Section 8 units at $945/month; owner pays utilities except a summer premium for window A/C use

    Overview

    This well-maintained mid-century 7-plex is fully rented and consists of seven separate units. Updates include a new steel roof installed in 2012, and in 2013 a brand new high-efficiency boiler system along with new windows and doors. In 2017, smart siding was installed, and a French drain was added in the parking lot. All seven units have been remodeled since 2012, and three units have new LVP flooring.

    The property is located in Billings Heights near Main St., at 709 Anchor Avenue, Billings, MT 59105. The existing on-site parking area includes stormwater drainage improvements via the French drain added in 2017. The seller’s remarks also note that utilities are paid by the owner, with the exception of a premium charged during the summer months to tenants who use window A/C units.

    For buyers seeking a turnkey multifamily asset with documented capital improvements and current occupancy, this 7-plex provides an income stream with projected rent adjustments going into effect in June. Per the remarks, five units are expected to rent for $895 per month, and two units that are Section 8 will increase to $945 per month. The combination of recent mechanical and exterior upgrades, along with remodeled unit interiors, supports a practical, move-ready tenant experience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.467897
    Latitude
    45.823565

    FAQs

    What type of property is this?
    Apartment building - Mid-century 7-unit building that is fully rented, with major updates since 2012 including roof, boiler, windows, doors, and remodels.
    Where is this apartment building located?
    The property is located at 709 Anchor Avenue Billings, MT.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Mid‑century 7‑plex built in 1966 with 2 bedrooms and 2 bathrooms listed in the room details; New steel roof installed in 2012; 2013 upgrades include a brand new high‑efficiency boiler system plus new windows and doors
    More about this property
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