Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths
1,702 sqft

$325,000

240 Terry Avenue, Billings MT, 59101

Price per sqft$190.95
Built in1919
Property size1,702 sqft
Property typeResidential

Overview

Under contract

Contingent

Listed May 13, 2026

Updated 2 weeks ago

Investment opportunity in Downtown Billings! This 3-unit property PLUS detached 2 CAR Garage offers flexibility for investors or owner-occupants. 2 homes plus a detached 2-car garage, this setup provides multiple income-producing options. All 3 units leased, creating immediate rental income. All currently month to month - ideal for a owner occupancy arrangement. Main level unit has 3 beds and 1 bath, washer/dryer hookup, wall AC unit. Lower level Unit has 2 beds and 1 bath, washer/dryer hookup. Back house is obo 700 sq ft with open concept and one bath.Downtown Billings, just minutes from schools, parks, shopping, dining, and city amenities, this is a rare chance to own a centrally located multi-unit property with built-in income. Live in one unit & let the rental income help offset your mortgage, or add this strong cash-flow opportunity to your investment portfolio. NEW SEWER LINE

$2,162/mo

Est. mortgage payment based on a $325,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
359312

Interior Features

Bathrooms
0
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$2,111
Tax Frequency
Annually
MLS provider logo

Listed by Heidi Brosovich with Montana Real Estate Brokers
Listing Contact: 406-671-0122 

The IDX display contains information sourced from the Billings Association of REALTORS® as of 9/9/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Billings Association of REALTORS® all rights reserved.

Data last updated on 9/9/2026 at 3:29 AM UTC

Powered by Luxury Presence