- For Sale $740,000
- Property Type Multi-Family
- Property Size 4,400 SF
- Units 8
- Lot Size 0.57 Acre
- Property Tenancy Multi-Tenant
- Year Built 1966
- Date Updated Jul 9, 2026
Description
HeightsOffered for sale is a two-building, eight-unit multi-family portfolio situated in the established Billings Heights submarket within the Crist Acres subdivision. The property presents a stabilized, fully occupied income stream in a mature, low-density residential neighborhood with a traditional suburban character. Exterior finishes include wood siding and a membrane roof. The buildings have undergone various remodels over the years, and mechanical systems — including electrical, plumbing, and HVAC.
Unit Mix
Each building contains four (4) one-bedroom, one-bathroom units, all accessed via individual exterior doors, for a total of eight (8) units across the portfolio. All units are currently occupied.
Highlights
- Dual-Building Portfolio — Two identical 2,200 SF wood-frame buildings offering operational simplicity and redundancy across a combined 4,400 SF footprint.
- Fully Stabilized | 100% Occupied — All eight (8) one-bedroom units leased and generating $7,000/month in gross rental income from day one.
- Locked off room for coin op washer/dryer
- Membrane Roof — Long-life roofing system on both buildings reduces near-term capital expenditure exposure for incoming ownership.
- Month-to-Month Tenancy — Flexible lease structure provides an immediate opportunity to reset rents to current market rates upon acquisition.
- Proven Billings Heights Location — Situated in the fully built-out Crist Acres subdivision, a stable, low-vacancy submarket with consistent rental demand.
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Contacts
Haley Vannatta, CCIM
NAI Business Properties
Location
Located at Crist Drive, Billings, MT 59105, this property is part of the Billings Heights neighborhood.
Contact Listing Broker
Haley Vannatta, CCIM
NAI Business Properties