Fourplex with Single-Family
For Sale
Contact for pricing
3402 5th Ave S, Billings, MT 59101
Property includes a fourplex with updated units plus a fully rented single-family home on 5th Ave S.
Property SizeContact for details
Days on Market122
Property Features for 3402 5th Ave S
General Information
Standard status
Active
Property subtype
Multifamily
Financials
Cap Rate
11.2%
Business Included
Yes
Additional Details
Multifamily Units
5
Building Details
Year Renovated
2019
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial CBS
Listed By:
Nathan Matelich, SIOR, CCIM · License #MT
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 5:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial CBS
Investment Insights
Based on property information with market context.
This multifamily offering combines a 4-plex and a single-family home under one ownership. The 4-plex features updated units, and Unit 4 has been remodeled from the studs; the remaining units have some updates. The large house is fully rented and includes a 4-bedroom, 1.5-bath layout.
The property notes 2019 improvements including a new roof, new gutters, 10–12 new windows, fully remodeled large house, and new hot water heaters for the 4-plex. It is described as professionally managed.
The rent roll provided lists studio rents for Units 1 through 4, and $1,050/mo for the single-family home. The seller also notes potential seller financing for qualified buyers with a $40,000 down payment, along with stated cap rate figures with and without management.
The property notes 2019 improvements including a new roof, new gutters, 10–12 new windows, fully remodeled large house, and new hot water heaters for the 4-plex. It is described as professionally managed.
The rent roll provided lists studio rents for Units 1 through 4, and $1,050/mo for the single-family home. The seller also notes potential seller financing for qualified buyers with a $40,000 down payment, along with stated cap rate figures with and without management.
Key Highlights
- 5‑unit property at 3402–3412 5th Ave S: 4 plex plus a 4‑bedroom, 1.5‑bath single‑family home
- Current rents listed: $500, $650, $500, $390 for the studios and $1,050/mo for the single‑family home
- Cap rate shown: 10.3% with management (11.2% without management)
Property Analytics
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,908
Businesses Nearby
Explore this area
Business Placement
Demographics for 59101, MT
41,522
Population
18,864
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
91%
High-School Grad
590.8 sq mi
ZIP Area
70
Density / Sq Mi
$58,165
Median Household Income
$36,258
Median Earnings
$930
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Property includes a fourplex with updated units plus a fully rented single-family home on 5th Ave S.
Where is this multifamily property located?
The property is located at 3402 5th Ave S Billings, MT.
What are key features of this property?
This property features: 5‑unit property at 3402–3412 5th Ave S: 4 plex plus a 4‑bedroom, 1.5‑bath single‑family home; Current rents listed: $500, $650, $500, $390 for the studios and $1,050/mo for the single‑family home; Cap rate shown: 10.3% with management (11.2% without management)
