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    2605 Minnesota Ave Billings, MT 59101

    For Sale
    $1,800,000

    Professionally designed, eco-friendly apartments with potential for additional revenue.

    Property size:
    12,720 SF

    Property Features for 2605 Minnesota Ave

    General Information

    Size
    12,720 SF

    Building Details

    Year built
    1916

    Source: Matt Robertson, SIOR Agent Matt Robertson, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Eco-Friendly Multifamily Property in Billings

    This multifamily property in Billings, Montana, offers a selection of one- and two-bedroom apartments. The property features a controlled access entry system with an intercom. The apartments include radiant floor heating and cooling. On-site laundry facilities are available. The property includes fully landscaped outdoor areas with a gas grill and seating, as well as solar panels. The property has a history of operation as an Air B&B, providing a potential additional revenue stream. The 12,720 square foot property contains 9 units. The property is located in the Old Town Neighborhood of downtown Billings, near shops, museums, hospitals, universities, nightlife and fitness centers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Swift Lodging Apartment Building

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Law Firm Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.502018
    Latitude
    45.7815714

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    FAQs

    What type of property is this?
    Apartment building - Professionally designed, eco-friendly apartments with potential for additional revenue.
    Where is this apartment building located?
    The property is located at 2605 Minnesota Ave Billings, MT.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Prime location in downtown Billings, Montana, within walking distance of shops, museums, hospitals, universities, nightlife, and fitness centers.; - Eco-friendly design with solar panels and radiant floor heating and cooling.; - Professionally designed, modern apartments with a blend of historic renovation and ultra-modern finishes.
    (406) 671-1158
    Request Owner's contact information
    2605 Minnesota Ave Billings, MT 59101
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    Billings, MT 59101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2605 Minnesota Ave Billings, MT 59101
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