Yellowstone County, MT Multifamily Properties for Sale

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Billings, MT Missoula, MT Bozeman, MT Kalispell, MT Helena, MT Whitefish, MT Butte, MT Great Falls, MT

76 properties

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Updated: Jun 15

Victorian-Style Five-Plex with Garages

105 Yellowstone Avenue, Billings, MT 59101

$495,000

5,310 sqft 0.32 AC lot

Five‑plex with four two‑bedroom, one‑bathroom units
Seven individual garage units included
5,310 square feet on 0.3214 acres
Built in 1910 with vinyl siding and asphalt shingle roofing
Natural‑gas forced‑air heat; public water and public sewer

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105 Yellowstone Avenue, Billings, MT 59101

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$45K
Annual
Price @ 7% Cap

$642K
Above asking
Property Type

Garden Apt, Court Apt
Built 1910

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Updated: Jul 1

Six-Plex Apartment Building Under Construction

4633 King Avenue W, Billings, MT 59106

$1,990,000

7,864 sqft 1.84 AC lot

Built in 2024 with modular prefab construction, under construction six‑plex apartment building
Unit mix: two 2 bed/1 bath, two 2 bed/2 bath, two 3 bed/2.5 bath units
20 of 24 total units currently leased; four identical six‑plex buildings available
1.841‑acre lot with 7,864 SF building size
Forced‑air natural gas heating with central air cooling

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Duplex with Separate Entrances

3320 Ravalli Pl, Billings, MT 59102

$500,000

5,144 sqft 0.21 AC lot

Duplex offering 8 bedrooms, 2 full kitchens, and separate entrances, located on a cul-de-sac with alley access.

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5-Unit Apartment Building with Corner Lot

405 Roxy Lane, Billings, MT 59105

$810,000

5,600 sqft 0.28 AC lot

Corner-lot 5-unit apartment building with public water and sewer and electric baseboard heat.

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Stabilized 16-Unit Apartment Investment

1447 Flathead St, Billings, MT 59105

$3,167,350

13,324 sqft

Fully occupied 16-unit multifamily property featuring all 1-bedroom units with tenant-paid electric utilities.

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Ranch Duplex with Central Air

351 - 353 Montclair Drive, Billings, MT 59102

$699,000

5,088 sqft 0.24 AC lot

Ranch duplex with central air and handicap-accessible approach with ramp.

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Duplex with Private Fenced Yards

1322 Babcock Circle, Billings, MT 59105

$550,000

3,276 sqft 0.22 AC lot

Split-level duplex with two private fenced back yards, brick construction, and central air, with both units leased until July.

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Furnished Sober Living Multifamily Home

3320 Ravalli Pl, Billings, MT 59102

$500,000

5,144 sqft 0.21 AC lot

Operating sober living home with 8 bedrooms, two full kitchens, separate entrances, and 100% furnished ready for use.

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Eight-Unit Two-Story Multifamily

420 Lordwith Drive Building C, Billings, MT 59102

$1,711,340

7,920 sqft

Brick building with eight 2BR/1BA units, 100% occupied, and condo conversion approved, including four renovated units.

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Purpose-Built Triplex Residence

2310 11th Avenue N, Billings, MT 59101

$800,000

3,420 sqft 0.16 AC lot

New-construction triplex with a two-unit upper layout and one larger lower unit designed for diversified rental needs.

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Multifamily Investment Opportunity in Billings

1920 Old Hardin Rd, Billings, MT 59101

$1,850,000

9,016 sqft

Two buildings, 13 units, potential for rent increases.

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Two-Home Multifamily Property

7604 & 7604 1/2 Neibauer Road, Billings, MT 59106

$479,000

1,784 sqft 4.21 AC lot

Two separate residences on a fenced acreage tract with shared well, septic, and individual utility meters.

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Updated Duplex with Detached Garage

3115 3rd Avenue S, Billings, MT 59101

$228,900

1,406 sqft 0.11 AC lot

Two-unit residential property with refreshed interiors, separate upstairs access, and off-street parking.

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Duplex With Detached Garage

1112 Sunnyside Lane, Billings, MT 59101

$295,000

1,456 sqft 0.15 AC lot

Two separate living areas include private kitchens, bedrooms, bathrooms, shared laundry, and outdoor space.

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24-Unit Brick Multifamily Building

420 Lordwith Drive, Billings, MT 59102

$5,450,000

23,760 sqft 0.55 AC lot

24-unit multifamily building with central air and public utilities, fully occupied with a waitlist and an approved condo conversion.

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2022-Renovated Fourplex and Two Houses

206-210 N 18th Street, Billings, MT 59101

$774,000

3,362 sqft 0.16 AC lot

Completely renovated 2022 fourplex plus two houses on two lots, with stone/granite counters in five units.

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Eco-Friendly Multifamily Property in Billings

2605 Minnesota Avenue, Billings, MT 59101

$1,800,000

12,720 sqft

Professionally designed, eco-friendly apartments with potential for additional revenue.

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Three-Bedroom Duplex with Garage

611 Avenue E, Billings, MT 59102

$329,000

1,320 sqft 0.16 AC lot

Two connected units offer separate bedroom configurations, laundry appliances, and garage access for the rear residence.

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Well-Maintained Duplex with Rental History

130-132 Stillwater Ln, Billings, MT 59105

$400,000

2,368 sqft

Ranch-style duplex on a large lot with recent improvements.

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Duplex with Attached Garage and Alley Access

4640 Ruth Avenue, Billings, MT 59101

$320,000

1,831 sqft 0.19 AC lot

Duplex on a fenced lot with public utilities, natural gas forced-air heat, and separate home access via an alley.

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Front-to-Back Duplex

611 Avenue E, Billings, MT 59102

$329,000

1,320 sqft

Front-to-back duplex with two bedrooms in the front unit and one bedroom in the back unit, plus shared laundry equipment.

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Triplex with Detached 2-Car Garage

240 Terry Avenue, Billings, MT 59101

$325,000

1,702 sqft 0.16 AC lot

Triplex on a 0.1607-acre lot with all units leased month to month, plus a detached 2-car garage

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Three-Unit Residential Income Property

524-526 Avenue E, Billings, MT 59102

$600,000

0.16 AC lot

Triplex with three 2-bedroom, 1-bath units, patio-door access, and an additional storage area.

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Ranch-Style Side-by-Side Duplex

130-132 Stillwater Ln, Billings, MT 59105

$400,000

2,368 sqft 0.30 AC lot

Well-maintained ranch duplex with proven rental history, newer roof and interior updates, fenced yard, and deck/patio space.

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Yellowstone County, MT Multifamily Properties Market Trends and Statistics

Explore 76 multifamily properties for sale in Yellowstone County, MT, showcased through 76 active listings on our real estate platform. These investment opportunities span a total of 275,291 square feet of properties for sale, with an estimated market value of $53,793,290.

Sale prices for multifamily properties in Yellowstone County, MT start at $224,900, averaging $896,554, and reaching up to $9,363,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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