Duplex with Attached
351-353 Montclair, Billings, MT 59102
For Sale
$550,000
Two residential units offer separate living space, with a single-car garage and backyard access for each.
Property Size5,088 SF
Price / SF$108.10
Days on Market15
Property Features for 351-353 Montclair
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Amenities
Garage: Garage Door Opener
Style: Ranch
0.00
Ranch
Garage Door Opener
Building Details
Year Built
Listing Agency:
A Haus Of Realty
Listed By:
Angela Klein-Hughes · License MT RRE-BRO-LIC-13111
(406) 860-5653
Source:
Clearwaterproperties
Added: Nov 1
Changed: Nov 14
Last Checked: Nov 14 at 5:24AM
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 A Haus Of Realty
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Investment Insights
Based on property information with market context.
This 5,088-square-foot duplex contains two residential units, each with an attached single-car garage. The property has ranch-style construction and was built in 1976. Both units have access to a backyard, adding outdoor space to the residential layout.
Located at 351-353 Montclair in Billings, the property is configured as a two-unit residential asset.
Located at 351-353 Montclair in Billings, the property is configured as a two-unit residential asset.
Key Highlights
- 5,088‑square‑foot duplex with two residential units
- Attached single‑car garage for each unit
- Backyard access for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,447
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$928,940
$928.9K
Cap Rate 7%
$663,529
$663.5K
Cap Rate 9%
$516,078
$516.1K
Market Conditions
NOI Build-Up for 5,088 SF
Gross rent
$70.2K $13.80/SF
− Vacancy
−$3.9K −$0.76/SF
EGI
$66.4K $13.04/SF
− OpEx
−$19.9K −$3.91/SF
NOI
$46.4K $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%
$928,940
Cap Rate 7%
$663,529
Cap Rate 9%
$516,078
Alternative Uses
Best Use
Multifamily LT 5
$663.5K
$580.6K – $774.1K
NOI $46,447 @ 7.0% cap · market cap 8.44%
Second Best
Apartment 5plus
$615.2K
$538.3K – $717.8K
NOI $43,067 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$1.11M
$971.4K – $1.30M
NOI $77,712 @ 7.0% cap · market cap 14.13%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
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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
$307,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Billings, MT
Properties on Market for Duplexes in Billings
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate living space, with a single-car garage and backyard access for each.
Where is this duplex located?
The property is located at 351-353 Montclair Billings, MT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 5,088‑square‑foot duplex with two residential units; Attached single‑car garage for each unit; Backyard access for both units
