947 Howard Avenue, Billings, MT 59101
Corner lot side-by-side duplex with two 1-bedroom, 1-bath units and shared coin-op laundry.
- Added:
- Jun 7, 2026
- Days on Market:
- 30
- Last Refresh:
- Jun 10 at 2:11 am
Property Features for 947 Howard Avenue
General Information
- Standard status
- Active
- Size
- 1,292 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1947
Listing office Real Estate Hub LLLP
Listing date Jun 7, 2026
Source Clearwaterproperties
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 Real Estate Hub LLLP
HighLights
- Side‑by‑side duplex on a corner lot with 2 separate units
- Each unit features 1 bedroom and 1 bathroom
- Shared laundry with coin‑op washer
- Newer exterior paint
- Year built: 1947
Overview
Located at 947 Howard Avenue in Billings, the duplex is described as being close to downtown and west end amenities, making it convenient for tenants who want access to everyday destinations.
With two independently served 1-bedroom, 1-bath units under one roof, the property can appeal to investors seeking duplex-style rental income or owner-occupants looking to live in one unit while renting the other. The shared coin-op laundry adds on-site functionality for residents. The listing also states the property has a great rental history, with potential for more, based on the seller’s comments.
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 | $17.8k | $13.80 |
| − Vacancy | −$981 | −$0.76 |
| EGI | $16.8k | $13.04 |
| − OpEx | −$5.1k | −$3.91 |
| NOI | $11.8k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.5406174
- Latitude
- 45.7733558
