Listing Agency: NAI Business Properties j***@naibusinessproperties.com Show Phone

Listed By: Jake Hedge, CCIM · License #RRE-BRO-LIC-88041

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 4:24AM

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Investment Insights

Based on property information with market context.

This for-sale multifamily apartment building contains 33 units. It is listed as a residential income property and is categorized within apartment building and multifamily property types.

The property is located at 2520 1st Ave North in Billings, Montana 59102.

Key Highlights

• For‑sale multifamily apartment building with 33 units
• Priced at $51,364 per unit

Property Analytics

Property Profile

Current Use

Mac's Floral (Bike/Boat/Book/etc) Store Lincoln Lofts Apartment Building Lincoln Apartments Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Pet Store Pet Grooming Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

33

Residential units

Location Intelligence

Trade Area within ½ mile

3,222

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - For-sale multifamily apartment building with 33 units.

Where is this apartment building located?

The property is located at 2520 1st Ave North Billings, MT.

What are key features of this property?

This property features: For‑sale multifamily apartment building with 33 units; Priced at $51,364 per unit