2-Unit Ranch
1127 - 1129 Buffalo Crossing Drive, Billings, MT 59106
For Sale
$769,800
Residential, Billings, MT
Property Size3,104 SF
Lot Size0.21 Acres
Price / SF$248
Days on Market118
Property Features for 1127 - 1129 Buffalo Crossing Drive
General Information
Property type
Property subtype
Property condition
Zoning description
Bedrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Parking features
Exterior features
Fencing
Subdivision
Lot features
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Metro, REALTORS L.L.P
(406) 245-9300
Listed By:
Polly Kovash · License MT RRE-BRO-LIC-4133
(406) 591-5555
Added: Jul 20
Changed: Oct 25
Last Checked: Nov 14 at 12:06AM
MLS# 358285
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.
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Investment Insights
Based on property information with market context.
This 2025 duplex is under construction and contains two single-level residences within 3,104 square feet of building area on a 0.2123-acre lot. Each home is described with three bedrooms and two bathrooms, including a primary suite with a walk-in closet and dual-sink bath. Living areas feature vaulted ceilings and a fireplace; kitchens include an island and stainless-steel appliances. Laundry and mudroom space, a front porch, and a covered rear patio round out each residence.
The property has open parking and fencing. Forced-air natural gas heat and central air provide climate control, with public water and sewer service.
The property has open parking and fencing. Forced-air natural gas heat and central air provide climate control, with public water and sewer service.
Key Highlights
- Two residences sold together as a duplex
- 3,104 square feet of building area on a 0.2123‑acre lot
- Each residence has 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,335
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,700
$566.7K
Cap Rate 7%
$404,786
$404.8K
Cap Rate 9%
$314,833
$314.8K
Market Conditions
NOI Build-Up for 3,104 SF
Gross rent
$42.8K $13.80/SF
− Vacancy
−$2.4K −$0.76/SF
EGI
$40.5K $13.04/SF
− OpEx
−$12.1K −$3.91/SF
NOI
$28.3K $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%
$566,700
Cap Rate 7%
$404,786
Cap Rate 9%
$314,833
Alternative Uses
Best Use
Multifamily LT 5
$404.8K
$354.2K – $472.3K
NOI $28,335 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$375.3K
$328.4K – $437.9K
NOI $26,274 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$677.3K
$592.6K – $790.2K
NOI $47,409 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 59106, MT
20,681
Population
8,164
Households
2.5
Avg Household Size
40
Median Age
52%
College-Educated
98%
High-School Grad
112.0 sq mi
ZIP Area
185
Density / Sq Mi
$122,374
Median Household Income
$52,380
Median Earnings
$1,380
Median Rent
$483,100
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Billings, MT
Properties on Market for Duplexes in Billings
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a three-bedroom, two-bath layout, with a private covered patio and open parking.
Where is this duplex located?
The property is located at 1127 - 1129 Buffalo Crossing Drive Billings, MT.
What is the asking price?
The asking price for this property is $769,800.
What are key features of this property?
This property features: Two residences sold together as a duplex; 3,104 square feet of building area on a 0.2123‑acre lot; Each residence has 3 bedrooms and 2 bathrooms
