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Triplex Property with Back House
For Sale
$550,000

518 Wyoming Avenue, Billings, MT 59102

Residential, Billings, MT

Property SizeContact for details
Lot Size0.15 Acres
Days on Market53

Property Features for 518 Wyoming Avenue

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning description N1 - First Neighborhood Residential
Bedrooms 4
Full bathrooms 3
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 2, Bathroom 1
Subdivision Suburban Homes Add
Lot features Interior Lot, Level
Elementary school Broadwater
Middle school Lewis and Clark
High school Senior High
Standard status Active
APN A15370
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description Suburban Homes Add, S04, T01S, R26E, Block 42, Lot 38-39
Tax Annual Amount 2038
Legal Description Suburban Homes Add, S04, T01S, R26E, Block 42, Lot 38-39

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Amenities

shared laundry room

Building Details

Year built 1940
Floors in Building 1
Number of units 3
Building materials MetalSiding
Roof type Asphalt
Architectural style Ranch
Listing Agency: Montana Real Estate Brokers
Listed By: Chris Dunn · License #RRE-RBS-LIC-13083
Added: Jul 17 Changed: Sep 4 Last Checked: Sep 7 at 9:06PM
MLS# 360723

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.

Investment Insights

Based on property information with market context.

This triplex includes two units within the primary residence plus a detached back house. The main-level apartment has 2 bedrooms, 1 bathroom, a living room, dining area, and kitchen. The lower-level unit contains 1 bedroom, 1 bathroom, a living room, and kitchen. The separate back house adds another 1-bedroom, 1-bathroom arrangement with an entry closet, living room, kitchen and dining combination, and shared laundry access.

Set on a 6,500-square-foot lot, the property includes alley access and off-street parking. Built in 1940 with ranch-style architecture, it has metal siding, an asphalt roof, natural gas and forced-air heating, plus public water and public sewer.

Key Highlights

  • Three‑unit configuration with two apartments in the main residence and a separate back house
  • Main‑level unit includes 2 bedrooms, 1 bathroom, living room, dining area, and kitchen
  • Basement apartment provides 1 bedroom, 1 bathroom, living room, and kitchen

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Hair Salon Nail Salon (Bike/Boat/Book/etc) Store Skin Care Clinic Parking Lot & Garage Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three distinct living spaces provide kitchens, bathrooms, and access to shared laundry facilities.
Where is this triplex located?
The property is located at 518 Wyoming Avenue 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: Three‑unit configuration with two apartments in the main residence and a separate back house; Main‑level unit includes 2 bedrooms, 1 bathroom, living room, dining area, and kitchen; Basement apartment provides 1 bedroom, 1 bathroom, living room, and kitchen
More about this property
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