6-Bedroom
New
For Sale
$375,000
1713 Avenue E, Billings, MT 59102
Residential, Billings, MT
Property Size2,080 SF
Lot Size0.16 Acres
Price / SF$180.29
Days on Market4
Property Features for 1713 Avenue E
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
N2 - Mid-Century Neighborhood Residential
Bedrooms
6
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 1
Patio and Porch features
Deck, Patio
Exterior features
Fence, SprinklerIrrigation
Fencing
Fenced
Subdivision
Kober Subd
Lot features
Interior Lot, Landscaped, Sprinklers In Ground
Elementary school
Rosepark
Middle school
Lewis and Clark
High school
Senior High
Standard status
Active
APN
A09724
Size
2,080 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
KOBER SUBD, S36, T01 N, R25 E, BLOCK 5, Lot 6 - 7
Tax Annual Amount
1994
Legal Description
KOBER SUBD, S36, T01 N, R25 E, BLOCK 5, Lot 6 - 7
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
common laundry area
fenced yard
Building Details
Year built
1949
Floors in Building
1
Number of units
2
Building materials
Hardboard
Roof type
Shingle, Asphalt
Architectural style
Ranch
Listing Agency:
4 Seasons Real Estate
Listed By:
Lanissa Fortner · License #RRE-BRO-LIC-13590
(406) 670-9799
Added: Oct 2
Last Checked: Oct 5 at 2:06PM
MLS# 362169
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.
Investment Insights
Based on property information with market context.
This 2,080-square-foot, 1949-built duplex has two finished living areas, each with a kitchen and full bathroom. The main floor contains three bedrooms, while the lower level adds three more and a family room. Egress windows serve all three lower-level bedrooms and the family room. Fresh paint and carpet update the interiors, and a separate rear entry connects to the shared laundry area and lower floor.
The property sits on 0.1607 acres in Billings. Outdoor features include a fenced yard with mature trees, a deck and patio, and rear parking. Underground sprinklers are supplied by a well; the home has public water and public sewer service.
The property sits on 0.1607 acres in Billings. Outdoor features include a fenced yard with mature trees, a deck and patio, and rear parking. Underground sprinklers are supplied by a well; the home has public water and public sewer service.
Key Highlights
- Two finished living areas, each with a kitchen and full bathroom
- 2,080 square feet on a 0.1607‑acre lot
- Six bedrooms, including three lower‑level bedrooms with egress windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,988
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,760
$379.8K
Cap Rate 7%
$271,257
$271.3K
Cap Rate 9%
$210,978
$211.0K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$28.7K $13.80/SF
− Vacancy
−$1.6K −$0.76/SF
EGI
$27.1K $13.04/SF
− OpEx
−$8.1K −$3.91/SF
NOI
$19.0K $9.13/SF
Area
Billings, MT
Vacancy
5.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,760
Cap Rate 7%
$271,257
Cap Rate 9%
$210,978
Alternative Uses
Best Use
Multifamily LT 5
$271.3K
$237.4K – $316.5K
NOI $18,988 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$251.5K
$220.1K – $293.4K
NOI $17,606 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$453.8K
$397.1K – $529.5K
NOI $31,769 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,078
Businesses Nearby
Explore this area
Business Placement
Demographics for 59102, MT
48,133
Population
22,706
Households
2.1
Avg Household Size
41
Median Age
43%
College-Educated
97%
High-School Grad
15.0 sq mi
ZIP Area
3,209
Density / Sq Mi
$75,140
Median Household Income
$43,203
Median Earnings
$1,148
Median Rent
$307,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two equipped living areas each include a kitchen and full bath, with laundry access between levels.
Where is this duplex located?
The property is located at 1713 Avenue E Billings, MT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two finished living areas, each with a kitchen and full bathroom; 2,080 square feet on a 0.1607‑acre lot; Six bedrooms, including three lower‑level bedrooms with egress windows
