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    1635 Kelby Dr Billings, MT 59105

    Sponsored
    For Sale
    $650,000

    MULTI_FAMILY - Other - Billings, MT

    Property size:
    3,808 SF
    Lot size:
    0.32 Acres
    Days on Market:
    55
    Last Refresh:
    Jan 5 at 8:06 am

    Property Features for 1635 Kelby Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 7, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 8, Bedroom 5, Bedroom 2, Bathroom 4, Bathroom 2
    Bedrooms
    8
    APN
    C06639
    Parking
    4
    Exterior features
    SprinklerIrrigation
    Size
    3,808 SF
    Lot size
    0.32 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1973
    Floors in Building
    2
    Number of units
    4
    Building materials
    Brick, Masonite
    Roof type
    Shingle, Asphalt
    Architectural style
    Other

    Berkshire Hathaway HS Floberg

    Listing agent Korinne Rice (406) 254-1550 License #RRE-RBS-LIC-87887

    Listing date Nov 12, 2025

    MLS# 355460 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.

    Overview

    Billings Fourplex with Detached Garages

    This fourplex in Billings, Montana, presents an investment opportunity. The property features four units, each with two bedrooms and one bathroom. Each unit has a detached garage with manual doors, and there is additional off-street parking available. Two units are located upstairs, and two are downstairs. The building utilizes a boiler system for heat. The landlord is responsible for water, gas (boiler), sewer, and garbage expenses, while tenants cover electricity costs. The property is currently at 100 percent occupancy with long-term tenants and low turnover. A newer roof has been installed. The upper units are equipped with wall AC units. Yard irrigation is supplied by a well located at 1627 Kelby Dr. A coin-operated laundry facility is located in the building. The property occupies a lot size of 0.3157 acres and has a total size of 3808 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.47285
    Latitude
    45.828909

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    FAQs

    What type of property is this?
    Quadplex - Four 2-bed/1-bath units, detached garages, long-term tenants.
    Where is this quadplex located?
    The property is located at 1635 Kelby Dr Billings, MT.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Fourplex: Excellent investment opportunity with four 2 bed/1 bath units.; - 100% Occupancy: Currently fully occupied with long-term tenants and low turnover.; - Detached Garages: Each unit includes a detached garage.
    (406) 697-0678
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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
    1635 Kelby Dr Billings, MT 59105
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