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    Billings, MT Quadplexes for Sale

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    Laurel, MT Stevensville, MT La Center, WA Huntley, MT Shepherd, MT Acton, MT Joliet, MT Alberton, MT
    Classic Billings 4-Plex Near Downtown
    Updated: May 5
    Classic Billings 4-Plex Near Downtown

    24 Broadwater, Billings, MT 59101

    $300,000
    3,021 sqft
    Prime location near downtown Billings offering easy access to amenities, dining, and employment centers.
    Steady income potential from a well‑situated 4‑plex with long‑term tenants.
    Historic charm and unique character with period details.
    Additional income potential from shared coin‑op laundry.
    Convenient off‑street parking.
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    This listing looks promising.

    Here's a quick look at some key insights for

    24 Broadwater, Billings, MT 59101

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $394K
      Above asking

    • Property Type

      Quadplex
      Built 1910
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    Updated Fourplex in Northwest Billings
    Updated: Jun 3
    Updated Fourplex in Northwest Billings

    824 Avenue D, Billings, MT 59102

    $550,000
    2,464 sqft 0.19 AC lot
    Updated 4‑plex in NW Billings
    Gross monthly rents of $4100
    All units are 1 bed/1 bath
    Option to rent 2 garage stalls for $50/month each
    Ranch architectural style
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    Classic Billings 4-Plex Near Downtown
    Classic Billings 4-Plex Near Downtown

    24 Broadwater Avenue, Billings, MT 59101

    $300,000
    3,021 sqft 0.12 AC lot

    Historic 4-unit multifamily property near downtown Billings.

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    Updated 4-Plex Residential Income
    Updated 4-Plex Residential Income

    824 Avenue D, Billings, MT 59102

    $550,000

    Updated fourplex with one-bedroom units and optional garage rentals, with utilities paid by the owner.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Billings, MT, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bozeman Fourplex Investment Opportunity
    Bozeman Fourplex Investment Opportunity

    2401 Daws Drive, Bozeman, MT 59718

    $1,525,000
    0.34 AC lot

    Well-maintained fourplex in prime Bozeman location, fully leased.

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    Modern Quadplex with Turnkey Units
    Modern Quadplex with Turnkey Units

    301 Spring Street, Gardiner, MT 59030

    $1,799,000
    0.19 AC lot

    Built in 2020, this four-unit quadplex offers two-bedroom apartments with in-unit laundry and one ADA-compliant ground-level unit.

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    Condo-Managed Four-Unit Multifamily
    Condo-Managed Four-Unit Multifamily

    607 Professional Drive Unit 4, Bozeman, MT 59718

    $1,100,000
    3,245 sqft

    Fully occupied four-unit property offers separately metered apartments with in-unit laundry and city water and sewer service.

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    Gardiner Montana Multifamily Investment Property
    Gardiner Montana Multifamily Investment Property

    301 Spring Street, Gardiner, MT 59030

    $1,799,000
    4,096 sqft

    Four fully furnished apartments near Yellowstone's North Entrance.

    View details

    Billings, MT Quadplexes Market Trends and Statistics

    Explore 4 quadplexes for sale in Billings, MT, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,506 square feet of properties for sale, with an estimated market value of $1,150,000.

    Sale prices for four-unit buildings in Billings, MT start at $300,000, averaging $383,333, and reaching up to $550,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 28
    Apartment buildings 19
    Triplexes 5
    Quadplexes 4
    Short term rental properties 2

    Demographics Overview

    Population 145K
    Population Growth (5Y) +7.5%
    Median Household Income $76,702
    College Educated 13.9%

    High-Yield Neighborhoods for Investment

    Identify Billings submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    59101 $300K
    59102 $550K

    Taxes & Financing

    Tax Rate (average for all types) 1.09%
    Property Tax per SF $15.06 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Yellowstone County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Yellowstone County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Billings fall within the 100,000+ square foot range.

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    • 59102

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