4-Unit Townhome
369-375 Westchester Sq S, Billings, MT 59105
For Sale
Contact for pricing
Each residence includes an attached garage, private patio, and separate entrance.
Property Size4,816 SF
Price / SF$166.11
Days on Market14
Property Features for 369-375 Westchester Sq S
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Road Access
Additional Details
Multifamily Units
Amenities
private patio
Building Details
Year Built
Stories
Listing Agency:
NAI Business Properties
Listed By:
Haley Vannatta · License MT RRE-RBS-LIC-62446
(406) 672-1443
Source:
Crexi
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 8 at 3:07PM
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 NAI Business Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit property contains two-story townhomes totaling 4,816 square feet. Each residence has its own entrance, an attached garage, and a private patio. The main floor connects the living, dining, and kitchen areas; upstairs are two bedrooms and a full bathroom. The building was constructed in 1983 and sits on a corner lot with a large driveway. An HOA is in place.
The property is in Billings Heights, next to parks and schools. Shops and restaurants along Main Street are a short drive away, and neighborhood green space is nearby.
The property is in Billings Heights, next to parks and schools. Shops and restaurants along Main Street are a short drive away, and neighborhood green space is nearby.
Key Highlights
- Four townhome units in a 4,816‑square‑foot property
- Each residence has two stories, two bedrooms, and one full bathroom
- Attached garage, private patio, and separate entrance for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,964
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$879,280
$879.3K
Cap Rate 7%
$628,057
$628.1K
Cap Rate 9%
$488,489
$488.5K
Market Conditions
NOI Build-Up for 4,816 SF
Gross rent
$66.5K $13.80/SF
− Vacancy
−$3.7K −$0.76/SF
EGI
$62.8K $13.04/SF
− OpEx
−$18.8K −$3.91/SF
NOI
$44.0K $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%
$879,280
Cap Rate 7%
$628,057
Cap Rate 9%
$488,489
Alternative Uses
Best Use
Multifamily LT 5
$628.1K
$549.6K – $732.7K
NOI $43,964 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$582.4K
$509.6K – $679.4K
NOI $40,765 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$1.05M
$919.5K – $1.23M
NOI $73,558 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Explore this area
Business Placement
Demographics for 59105, MT
33,310
Population
14,198
Households
2.3
Avg Household Size
37
Median Age
30%
College-Educated
96%
High-School Grad
95.9 sq mi
ZIP Area
347
Density / Sq Mi
$74,572
Median Household Income
$44,359
Median Earnings
$1,261
Median Rent
$314,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes an attached garage, private patio, and separate entrance.
Where is this quadplex located?
The property is located at 369-375 Westchester Sq S Billings, MT.
What is the asking price?
The asking price for this property is $799,996.
What are key features of this property?
This property features: Four townhome units in a 4,816‑square‑foot property; Each residence has two stories, two bedrooms, and one full bathroom; Attached garage, private patio, and separate entrance for each residence
