3415 Poly Drive Billings, MT 59102
Income-producing duplex with fenced yard, garage, and parking pad.
- Added:
- May 24, 2026
- Days on Market:
- 50
- Last Refresh:
- Jul 3 at 7:36 am
Property Features for 3415 Poly Drive
General Information
- Standard status
- Active
- Size
- 2,519 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1955
Listing office 4 Seasons Real Estate
Listing date May 24, 2026
Source Clearwaterproperties
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Investment Insights
Based on property information with market context.
Key Highlights
- Income‑producing duplex with existing tenants.
- Upper unit: 2 bedrooms, full bathroom with dual sinks, kitchen with deck access.
- Basement unit: 1 bedroom, kitchen, bathroom, shared storage, coin‑operated laundry.
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 | $34.8k | $13.80 |
| − Vacancy | −$1.9k | −$0.76 |
| EGI | $32.9k | $13.04 |
| − OpEx | −$9.9k | −$3.91 |
| NOI | $23.0k | $9.13 |