Occupied Fourplex With Studio
For Sale
Contact for pricing
1048 N 23rd St, Billings, MT 59101
Four residential units include both studios and one-bedroom layouts.
Property SizeContact for details
Days on Market144
Property Features for 1048 N 23rd St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$34,090
Additional Details
Gross Income
$43,200
Multifamily Units
4
Listing Agency:
Montana Listings
Listed By:
Kaleb Martin · License #MT 118273
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 8:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Montana Listings
Investment Insights
Based on property information with market context.
Located at 1048 N 23rd St in Billings, Montana, this fourplex contains four residential units arranged in a combination of studio and one-bedroom layouts. The property is currently fully occupied, with each unit leased. Its compact four-unit configuration offers a straightforward multifamily format for evaluating residential rental operations. The asset is positioned within Billings and is offered for sale as a fourplex rather than as separate residences. Current leasing includes both studio apartments and one-bedroom units, providing a clearly defined unit mix within the building.
Key Highlights
- Four‑unit multifamily property at 1048 N 23rd St, Billings, MT 59101
- Fully occupied fourplex with all units currently leased
- Unit mix includes studio and one‑bedroom apartments
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,236
Businesses Nearby
Explore this area
Business Placement
Demographics for 59101, MT
41,522
Population
18,864
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
91%
High-School Grad
590.8 sq mi
ZIP Area
70
Density / Sq Mi
$58,165
Median Household Income
$36,258
Median Earnings
$930
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units include both studios and one-bedroom layouts.
Where is this quadplex located?
The property is located at 1048 N 23rd St Billings, MT.
What are key features of this property?
This property features: Four‑unit multifamily property at 1048 N 23rd St, Billings, MT 59101; Fully occupied fourplex with all units currently leased; Unit mix includes studio and one‑bedroom apartments
