351 - 353 Montclair Drive, Billings, MT 59102
Well-maintained duplex features updated exterior systems and two separate unit layouts with basement finished living space.
- Added:
- Jun 30, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 4 at 3:13 am
Property Features for 351 - 353 Montclair Drive
General Information
- Standard status
- Active
- Size
- 5,088 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1976
Listing office Landmark of Billings, Inc.
Listing date Jun 30, 2026
Source Rehubbillings
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 Landmark of Billings, Inc.
HighLights
- Duplex built in 1976 offering 5,088 sq ft total with 2 separate units, each with 2,544 sq ft of living space
- Unit 351: 2 bed, 2 bath, and laundry room on the main level; basement includes a bathroom, finished non‑egress room, and storage/laundry‑utility area
- Unit 353: 3 bed, 2 bath on the main level; basement includes finished living/family area, a non‑egress room, and a large unfinished storage room
- Exterior updates include a new roof, gutters, and siding in 2020
- Electrical upgrades completed in 2024
- Garage doors replaced in 2026
Overview
Recent improvements include a new roof, gutters, and siding completed in 2020. Electrical upgrades were completed in 2024. New garage doors were installed in 2026, supporting practical day-to-day usability for both units.
For buyers seeking residential income, this duplex provides two distinct floor plans across main levels, with additional finished basement space in both units for flexible living, family, or recreation use. The combination of updated exterior elements and electrical work may appeal to owner-occupants and investors looking for a property with defined recent capital improvements.
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 | $70.2k | $13.80 |
| − Vacancy | −$3.9k | −$0.76 |
| EGI | $66.4k | $13.04 |
| − OpEx | −$19.9k | −$3.91 |
| NOI | $46.4k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.5919778
- Latitude
- 45.7741805