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    Ranch-Style Duplex in Billings, MT Title is generated by Realmo AI

    130-132 Stillwater Ln, Billings, MT 59105

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    Claim this Listing
    For Sale
    $400,000

    MULTI_FAMILY - Ranch - Billings, MT

    Type:Single Family Residence
    Property size:
    2,368 SF
    Lot size:
    0.30 Acres
    Price / SF:
    $168/SF
    Added:
    Jun 7, 2026
    Days on Market:
    30
    Last Refresh:
    Jul 6 at 8:06 pm

    Property Features for 130-132 Stillwater Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    6
    Rooms
    Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
    Patio and Porch features
    Patio, Deck
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    C00419B
    Size
    2,368 SF
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Description
    HAPPY HOLLOW SUBD, S15, T01 N, R26 E, BLOCK 11, Lot 12, AMD
    Tax Annual Amount
    2455

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1977
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Ranch

    We can help!

    Contact an agent
    Heather Kavran

    Listing agent Heather Kavran License #RRE-BRO-LIC-32411

    Listing office Real Estate Hub LLLP 27 Shiloh Rd, Suite #3, billings, MT

    Listing date Jun 7, 2026

    MLS# 359354 Listing URL

    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.

    HighLights

    • Ranch‑style side‑by‑side duplex built in 1977
    • Recent improvements include newer roof, paint, and flooring
    • Brick exterior with fenced yard and large lot
    • Spacious patio and deck, plus open space behind
    • Utilities: public water and public sewer
    • Heating: electric baseboard; includes attached garage and extra driveway parking

    Overview

    This well-maintained ranch-style side-by-side duplex, situated on a 0.2996-acre lot in a quiet Billings location, presents an ideal opportunity for investors or owner-occupants seeking income potential. The property, with a total size of 2368 square feet, has a proven rental history. Open space behind the property adds privacy and contributes to a peaceful setting. Recent improvements include a newer roof, paint, and flooring. Additional features include an attached garage, extra driveway parking, street parking, spacious patios, and a generous backyard. This property offers the potential to expand an investment portfolio or offset living expenses with rental income.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $32.7k $13.80
    − Vacancy −$1.8k −$0.76
    EGI $30.9k $13.04
    − OpEx −$9.3k −$3.91
    NOI $21.6k $9.13
    2,368 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $308.8K
    $270.2K – $360.3K (±1% cap)
    NOI $21,617 @ 7.0% cap · market cap 5.40%
    Second Best
    Apartment 5plus
    $286.3K
    $250.6K – $334.1K (±1% cap)
    NOI $20,044 @ 7.0% cap · market cap 5.01%
    Theoretical Best
    Office A
    $516.7K
    $452.1K – $602.8K (±1% cap)
    NOI $36,168 @ 7.0% cap · market cap 9.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Kitchen & Bath Showroom Gym & Fitness Center HVAC Service Grocery & Convenience Store Daycare Center Food Market Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.484063
    Latitude
    45.829475

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with rental history on a large lot.
    Where is this duplex located?
    The property is located at 130-132 Stillwater Ln Billings, MT.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Ranch‑style side‑by‑side duplex built in 1977; Recent improvements include newer roof, paint, and flooring; Brick exterior with fenced yard and large lot
    More about this property
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