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425-427 Laurie Ln, Billings, MT, 59105

2beds
1baths
1,420sqft
$399,000
$281price/sqft
$2,566/moest. monthly cost
$102,640/yrincome needed

About This Home

Great investment opportunity with this well-kept duplex featuring two rented units for immediate income potential. One unit offers 2 bedrooms and 1 bathroom, while the second unit includes 2bedrooms and 2 bathrooms. Both units feature attached single garages, private decks, fenced back yard space, and convenient off-street parking. A solid addition to your investment portfolio with and established rental occupancy!

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

5/10
Bench Elementary SchoolGrades PK-51.1 mi
6/10
4/10
Skyview High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1977

Materials

  • Roof: Asphalt
  • Construction materials: Cement Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Oven,Washer

Basement

  • Area: 600

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Laminate
  • Finished area above ground: 1,420

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central

Interior Area

  • Total structure area: 2,020
  • Total interior livable area: 1,420 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 03103315406030000
  • Lease amount: 0

Features

  • Patio & porch: Deck
  • Fencing: Fenced

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning
Hail
Strong Wind

FEMA Declared Disasters in Yellowstone County and Montana

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance $250$3,000
Property Taxes $148$1,776
Electricity $151$1,812
Total$2,566$30,792

Income You'd Need if You Spent...

35% on housing$87,977/yr
40% on housing$76,980/yr
45% on housing$68,426/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.9%
2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 59105$163
Yellowstone County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 59105$173
Yellowstone County$194

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-20Listed for sale$399,000

For Sale by Agent

AgentJames Knudsen
BrokerageMissouri River Realty

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