Gated 5-Plex Residential Income
For Sale
Contact for pricing
Pending
2708 2nd Ave S, Billings, MT 59101
Well-maintained gated 5-plex with month-to-month units and separate gas and electric meters for each unit.
Property Size3,152 SF
Lot Size0.16 Acres
Days on Market110
Property Features for 2708 2nd Ave S
General Information
Standard status
Pending
Size
3,152 SF
Lot size
0.16 Acres
Property subtype
Multifamily
Zoning
DX-Downtown Support
Additional Details
Multifamily Units
5
Building Details
Year Built
1882
Tenancy
Multi
Listing Agency:
5 Pillars Realty
Listed By:
Shaylee Green, CCIM · License #90045
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 11 at 7:09AM
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 5 Pillars Realty
Investment Insights
Based on property information with market context.
This for-sale 5-plex offers a gated, garden-style setting and consists of five residential units in a well-loved, maintained property. Unit mix includes multiple 1-bedroom and 2-bedroom layouts. The units are all on month-to-month terms, and the property has a history of active maintenance, including tenant-supported onsite maintenance by one unit and ongoing owner maintenance. Fridges and stoves convey, and the property includes separate gas and electric meters for each unit, with the landlord paying water, sewer, and garbage.
The building was constructed in 1882. Roof improvements include an asphalt roof completed in 2018, and gas units were completed between 2015 and 2020. The listing notes the property previously had a second dwelling in the area now used as a parking lot, and the buyer is responsible for verifying whether it can be added again.
Additional information provided includes a 3152 SF building and a 7,000 SF land area. The seller has indicated that financing may be available with acceptable terms. Buyer to verify all details, including any potential redevelopment related to the former dwelling location.
The building was constructed in 1882. Roof improvements include an asphalt roof completed in 2018, and gas units were completed between 2015 and 2020. The listing notes the property previously had a second dwelling in the area now used as a parking lot, and the buyer is responsible for verifying whether it can be added again.
Additional information provided includes a 3152 SF building and a 7,000 SF land area. The seller has indicated that financing may be available with acceptable terms. Buyer to verify all details, including any potential redevelopment related to the former dwelling location.
Key Highlights
- Well‑maintained gated garden‑style 5‑plex with month‑to‑month units and a tenant mix described as “very happy.”
- Unit mix: one 2BR/1BA and four 1BR/1BA units with listed rents of $700–$940.
- Separate gas and electric meters for each unit; landlord pays water, sewer, and garbage.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,020
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?
Apartment building - Well-maintained gated 5-plex with month-to-month units and separate gas and electric meters for each unit.
Where is this apartment building located?
The property is located at 2708 2nd Ave S Billings, MT.
What are key features of this property?
This property features: Well‑maintained gated garden‑style 5‑plex with month‑to‑month units and a tenant mix described as “very happy.”; Unit mix: one 2BR/1BA and four 1BR/1BA units with listed rents of $700–$940.; Separate gas and electric meters for each unit; landlord pays water, sewer, and garbage.
