Duplex With Detached
For Sale
$250,000
1112 Sunnyside Lane, Billings, MT 59101
Two separate living areas include private kitchens, bedrooms, bathrooms, shared laundry, and outdoor space.
Property Size1,456 SF
Lot Size0.15 Acres
Price / SF$171.70
Days on Market101
Property Features for 1112 Sunnyside Lane
General Information
Standard status
Active
Size
1,456 SF
Lot size
0.15 Acres
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$1,680
Amenities
shared laundry area
partially screened-in porch area
fenced back portion of the lot
Building Details
Year Built
1938
Stories
2
Listing Agency:
Montana Real Estate Brokers
Listed By:
Chris Dunn · License #RRE-RBS-LIC-13083
(406) 698-3531
Source:
Careychapman
Added: Jul 14
Changed: Oct 10
Last Checked: Oct 21 at 7:01AM
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 Real Estate Brokers
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Investment Insights
Based on property information with market context.
Built in 1938, this 1,456-square-foot duplex is arranged as two distinct living areas. The main floor contains a living room, kitchen and dining area, one bedroom, and one full bathroom. The lower level adds a second living room, kitchen area, two bedrooms, and another bathroom, creating a three-bedroom, two-bathroom configuration across the property.
The 6,549-square-foot lot includes a double detached garage, shared laundry area, partially screened porch, and a fenced rear portion. The property is located at 1112 Sunnyside Lane in Billings, Montana.
The 6,549-square-foot lot includes a double detached garage, shared laundry area, partially screened porch, and a fenced rear portion. The property is located at 1112 Sunnyside Lane in Billings, Montana.
Key Highlights
- 1,456 sq. ft. duplex built in 1938
- Main level has one bedroom, one bath, living room, and kitchen/dining area
- Lower level includes two bedrooms, one bath, living room, and kitchen area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,291
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,820
$265.8K
Cap Rate 7%
$189,871
$189.9K
Cap Rate 9%
$147,678
$147.7K
Market Conditions
NOI Build-Up for 1,456 SF
Gross rent
$20.1K $13.80/SF
− Vacancy
−$1.1K −$0.76/SF
EGI
$19.0K $13.04/SF
− OpEx
−$5.7K −$3.91/SF
NOI
$13.3K $9.13/SF
Area
Billings, MT
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,820
Cap Rate 7%
$189,871
Cap Rate 9%
$147,678
Alternative Uses
Best Use
Multifamily LT 5
$189.9K
$166.1K – $221.5K
NOI $13,291 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$176.1K
$154.1K – $205.4K
NOI $12,324 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$317.7K
$278.0K – $370.6K
NOI $22,238 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,430
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living areas include private kitchens, bedrooms, bathrooms, shared laundry, and outdoor space.
Where is this duplex located?
The property is located at 1112 Sunnyside Lane Billings, MT.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,456 sq. ft. duplex built in 1938; Main level has one bedroom, one bath, living room, and kitchen/dining area; Lower level includes two bedrooms, one bath, living room, and kitchen area
