Don't miss this incredible opportunity to own a fully updated 3-unit investment property, perfect for generating rental income! This property features an up/down duplex and a stand-alone studio house, all with modern upgrades and rental appeal. Main Unit (Upper Level of Duplex) – Spacious 3-bed, 1-bath with a remodeled kitchen and bathroom and plenty of natural light. Basement Unit – Comfortable 2-bed, 1-bath with a remodeled kitchen and bathroom, offering a separate exterior entrance. Mini House – A stand-alone apartment with efficiency kitchen and bathroom, ideal for a single tenant or short-term rental potential. Additional highlights include a brand-new furnace and central air in the main house. The property also has a detached 2-car garage (currently unused, offering potential for additional rental income or storage), plus off-street parking in both the front and alley access.
For sale
$399,000
240 Terry Ave, Billings, MT 59101
--beds
--baths
1,702sqft
Est.:
Multi Family, Single Family Residence
Built in 1919
-- sqft lot
$-- Zestimate®
$234/sqft
$-- HOA
What's special
Remodeled kitchenOff-street parkingSeparate exterior entrancePlenty of natural lightEfficiency kitchen
- 24 days
- on Zillow |
- 356 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: April 25, 2025 at 07:22am
Listed by:
Cari Baxter 406-671-1675,
Real Estate Hub LLLP
Source: BMTMLS,MLS#: 351736

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Gas Forced Air
Cooling
- Combo
Features
- 2nd Kitchen
- Has fireplace: No
Interior area
- Total structure area: 1,702
- Total interior livable area: 1,702 sqft
- Finished area above ground: 1,702
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 2
- Exterior features: Deck or Patio
Lot
- Size: 7,000.09 Square Feet
Details
- Additional structures: Apartment, Garage(s)
- Has additional parcels: Yes
- Parcel number: A15911
- Zoning description: Mixed Residential 1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 2 Houses
- Property subtype: Multi Family, Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1919
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Suburban
Location
- Region: Billings
Financial & listing details
- Price per square foot: $234/sqft
- Tax assessed value: $292,920
- Annual tax amount: $2,901
- Date on market: 4/1/2025
- Listing terms: 1031 Exchange,Cash,New Loan
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