Duplex with Attached
New
For Sale
$550,000
351-353 Montclair Drive, Billings, MT 59102
Residential, Billings, MT
Property Size5,088 SF
Lot Size0.24 Acres
Price / SF$108.10
Days on Market1
Property Features for 351-353 Montclair Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
N2 - Mid-Century Neighborhood Residential
Bedrooms
5
Full bathrooms
5
Rooms
Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 1
Parking features
Open
Subdivision
Aspen Grove 1st Filing
Elementary school
Meadowlark
Middle school
Will James
High school
West
Standard status
Active
APN
C08125
Size
5,088 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Description
Aspen Grove 1st Filing, S01, T01 S, R 25 E, Block 7 Lot 2
Tax Annual Amount
3122
Legal Description
Aspen Grove 1st Filing, S01, T01 S, R 25 E, Block 7 Lot 2
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
backyard
Building Details
Year built
1976
Floors in Building
1
Number of units
2
Roof type
Shingle, Asphalt
Architectural style
Ranch
Listing Agency:
A Haus Of Realty
(406) 628-7905
Listed By:
Angela Klein-Hughes · License #RRE-BRO-LIC-13111
(406) 860-5653
Added: Oct 30
Last Checked: Oct 30 at 9:06PM
MLS# 362602
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.
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Investment Insights
Based on property information with market context.
This 1976 ranch-style duplex contains 5,088 square feet across two residences on a 0.2394-acre lot. Each unit measures more than 2,400 square feet and has an attached single-car garage, with backyard access. The property is served by forced-air natural gas heating, central air conditioning, public water, and public sewer.
Located on Montclair Drive in Billings, the property offers a two-unit configuration with outdoor space for both residences.
Located on Montclair Drive in Billings, the property offers a two-unit configuration with outdoor space for both residences.
Key Highlights
- 5,088‑square‑foot duplex on a 0.2394‑acre lot
- Each unit offers more than 2,400 square feet and an attached single‑car garage
- Built in 1976 with ranch‑style architecture
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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Lease Details
2
Residential units
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
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two ranch-style residences offer separate living space, central air, and backyard access.
Where is this duplex located?
The property is located at 351-353 Montclair Drive 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 on a 0.2394‑acre lot; Each unit offers more than 2,400 square feet and an attached single‑car garage; Built in 1976 with ranch‑style architecture
