Up-Down Duplex Income
3415 Poly Drive Billings, MT 59102
New
3415 Poly Drive, Billings, MT, 59102
$350,000
For Sale
Under Contract
$350,000
MULTI_FAMILY - Other - Billings, MT
Property Size2,519 SF
Lot Size0.18 Acres
Price / SF$138.94
Days on Market4
Property Features for 3415 Poly Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1
- Patio and Porch features
- Patio, Deck
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active Under Contract
- APN
- A08027
- Size
- 2,519 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- GOYER SUBD, S34, T01 N, R25 E, BLOCK 1, Lot 1, (LESS 144.5 SQ FT - STREET)
- Tax Annual Amount
- 1854
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Masonite
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agency
4 Seasons Real Estate
(406) 670-9799
Listed by
Lanissa Fortner · License #RRE-BRO-LIC-13590
(406) 670-9799
Added: Jul 18 Updated: Jul 21 at 12:39PM Checked: Jul 21 at 4:06PM
MLS# 359420
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 up-down duplex offers two separate living areas with individual unit layouts. The upper unit features a kitchen with outdoor access to a covered deck, two bedrooms, and a full bathroom with dual sinks, plus two additional bedrooms upstairs. The basement unit includes a living area, kitchen, bathroom, bedroom, shared storage, and coin-operated laundry.
Outside, the property includes a fenced yard with mature trees, a 2-car garage, and an additional parking pad for extra convenience. A driveway at the home provides parking for the garage and additional vehicles.
The property is listed for sale and is also referenced as a single-family listing in the provided remarks.
Outside, the property includes a fenced yard with mature trees, a 2-car garage, and an additional parking pad for extra convenience. A driveway at the home provides parking for the garage and additional vehicles.
The property is listed for sale and is also referenced as a single-family listing in the provided remarks.
Key Highlights
- Up‑down duplex with upper unit and basement unit, each with its own living area, kitchen, bathroom, and bedroom space
- Upper unit features a kitchen with outdoor access to a covered deck, 2 bedrooms, and a full bathroom with dual sinks; 2 more bedrooms upstairs
- Basement unit includes a living area, kitchen, bathroom, bedroom, shared storage, and 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 |
2,519 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$328.5K
$287.4K – $383.3K
NOI $22,995 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$304.6K
$266.5K – $355.4K
NOI $21,322 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$549.6K
$480.9K – $641.2K
NOI $38,474 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Up-down duplex includes a two-bedroom upper unit and a basement unit with coin-operated laundry.
Where is this duplex located?
The property is located at 3415 Poly Drive Billings, MT.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Up‑down duplex with upper unit and basement unit, each with its own living area, kitchen, bathroom, and bedroom space; Upper unit features a kitchen with outdoor access to a covered deck, 2 bedrooms, and a full bathroom with dual sinks; 2 more bedrooms upstairs; Basement unit includes a living area, kitchen, bathroom, bedroom, shared storage, and coin‑operated laundry
