351 - 353 Montclair Drive, Billings, MT 59102
MULTI_FAMILY - Ranch - Billings, MT
- Added:
- Jun 30, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 1 at 12:06 pm
Property Features for 351 - 353 Montclair Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 5
- Rooms
- Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 3
- Patio and Porch features
- Patio, Deck
- Interior features
- HandicapAccess
- Exterior features
- SprinklerIrrigation, Storage
- Accessibility
- Accessible Approach with Ramp
- 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, R25 E, BLOCK 7, Lot 2
- Tax Annual Amount
- 3350
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Asphalt
- Architectural style
- Ranch
- Additional Structures
- Storage
Listing agent Mike Ormsby License #RRE-RBS-LIC-39280 (406) 248-3101
Listing office Landmark of Billings, Inc. 1925 Grand Avenue, Suite 144, Billings, MT (406) 248-3101
Listing date Jun 30, 2026
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.
HighLights
- Westend duplex with 5,088 sq ft overall total; each unit has 2,544 sq ft of living space
- Unit 351: 2 bedrooms, 2 baths, and a main‑level laundry room; basement includes a bathroom, finished non‑egress room, unfinished storage, and laundry/utility area
- Unit 353: 3 bedrooms and 2 baths with all on the main level; basement has a finished living/family area plus a non‑egress room and large unfinished storage room
- Recent exterior updates include new roof, gutters, and siding (2020)
- Utilities and systems upgrades include electrical upgrades (2024) and new garage doors (2026)
- Ranch‑style home with central air, patio and deck, sprinkler irrigation, storage, and handicap accessibility features
Overview
Unit 353 offers 3 bedrooms and 2 baths, all on the main level. The basement includes a finished living/family area and a non-egress room, along with a large unfinished storage room. Located at 351-353 Montclair Drive in Billings’ Westend area, the property is in a quiet residential neighborhood.
Recent improvements are already in place, including a new roof, gutters, and siding completed in 2020, along with electrical upgrades in 2024. New garage doors are scheduled/completed for 2026. The layout supports tenants or buyers looking for a duplex configuration with both main-level living space and additional basement areas for flexible use, depending on each unit’s needs.
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
- -108.592071
- Latitude
- 45.774214
