1322 Babcock Circle, Billings, MT 59105
MULTI_FAMILY - Other - Billings, MT
- Added:
- Jun 10, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 21 at 11:06 pm
Property Features for 1322 Babcock Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 1
- Parking
- 4
- Fireplace
- 1
- Standard status
- Active
- APN
- A22856M
- Size
- 3,276 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- EAGLES NEST SUBD, S21, T01 N, R26 E, BLOCK 1A, LOT 4, 2ND AMND LT 17
- Tax Annual Amount
- 4313
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1979
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing agent SaraBeth Owens License #RRE-BRO-LIC-90118 (406) 694-2234
Listing office Western Skies Real Estate Billings, MT (406) 591-5889
Listing date Jun 10, 2026
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
- Brick duplex built in 1979 with central air, forced‑air natural gas heat, and composition roof
- Each unit has split‑level layout with open living/dining area and a wood fireplace
- Remodeled units with stainless appliances, granite kitchen counters, and LVP flooring
- Lower level includes a family room with wood fireplace, plus a walk‑in laundry room, extra bedroom, and 3/4 bath
- Attached 1‑car garage with direct access to the lower level in each unit
- Each unit has its own private fenced back yard; both units are under leases until July
Overview
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 | $45.2k | $13.80 |
| − Vacancy | −$2.5k | −$0.76 |
| EGI | $42.7k | $13.04 |
| − OpEx | −$12.8k | −$3.91 |
| NOI | $29.9k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.49401
- Latitude
- 45.822592
