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    Up-Down Duplex with Separate Meters Title is generated by Realmo AI

    809 Wyoming Avenue, Billings, MT 59101

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    Claim this Listing
    New
    For Sale
    $349,000

    MULTI_FAMILY - Billings, MT

    Property size:
    1,920 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $181/SF
    Added:
    Jun 26, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 27 at 5:06 pm

    Property Features for 809 Wyoming Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Rooms
    Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1
    Patio and Porch features
    Deck, Patio
    Interior features
    SecondKitchen
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    A05448
    Size
    1,920 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Description
    COMTE ADD, S05, T01 S, R26 E, BLOCK 1, Lot 4 - 5
    Tax Annual Amount
    2120

    Utilities

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

    Building Details

    Year built
    1954
    Floors in Building
    1
    Number of units
    2
    Building materials
    Stucco
    Roof type
    Asphalt, Shingle

    We can help!

    Contact an agent
    Hannah Reno

    Listing agent Hannah Reno License #RRE-BRO-LIC-98858

    Listing office Keller Williams Yellowstone Properties 80 25th St. W Ste. 1, Billings, MT

    Listing date Jun 26, 2026

    MLS# 358948 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

    • Up/down non‑conforming duplex with 2 beds and 1 bath on each level
    • Each level has its own kitchen and living space for rental income or multi‑generational living
    • Updated main level features a spacious living room and kitchen with hickory cabinets
    • Basement apartment includes kitchen with large pantry/closet, living room, 2 bedrooms, full bath, and laundry/storage
    • Newer windows throughout, plus potential for laundry hook‑ups on the main level
    • Separate utilities with 2 electric, 1 gas, and 1 water meter; fenced yard, 1‑car garage, and off‑street parking with alley access

    Overview

    This up-down duplex is configured as two separate living levels, each providing two bedrooms, one bath, plus its own kitchen and living space. The main level includes a spacious living room and kitchen with hickory cabinets, along with two bedrooms and a full bath, complemented by coved doorways and built-ins. The basement apartment includes a kitchen with a large pantry/closet, living room, two bedrooms, a full bath, and laundry/storage. Updates include newer windows throughout. The property has separate electrical meters (2 electric, 1 gas, 1 water), a fenced yard, and a 1-car garage, with additional off-street parking accessible via an alley.

    Located in Billings, the duplex is described as being just minutes from downtown, with the nearby access point referenced as alley access for parking.

    For buyers seeking an owner-occupant setup or rental income, the layout supports household separation while keeping shared property amenities straightforward, including off-street parking and a fenced yard. Separate utility metering can simplify billing for tenant-occupied operation, while the multi-level design also offers flexibility for multi-generational living.

    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 $26.5k $13.80
    − Vacancy −$1.5k −$0.76
    EGI $25.0k $13.04
    − OpEx −$7.5k −$3.91
    NOI $17.5k $9.13
    1,920 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $250.4K
    $219.1K – $292.1K (±1% cap)
    NOI $17,527 @ 7.0% cap · market cap 5.02%
    Second Best
    Apartment 5plus
    $232.2K
    $203.2K – $270.9K (±1% cap)
    NOI $16,252 @ 7.0% cap · market cap 4.66%
    Theoretical Best
    Office A
    $418.9K
    $366.6K – $488.8K (±1% cap)
    NOI $29,325 @ 7.0% cap · market cap 8.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant 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
    -108.536401
    Latitude
    45.778342

    FAQs

    What type of property is this?
    Duplex - Up-down duplex offers two self-contained units with separate electrical meters, fenced yard, and off-street parking.
    Where is this duplex located?
    The property is located at 809 Wyoming Avenue Billings, MT.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: Up/down non‑conforming duplex with 2 beds and 1 bath on each level; Each level has its own kitchen and living space for rental income or multi‑generational living; Updated main level features a spacious living room and kitchen with hickory cabinets
    More about this property
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