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420 Lordwith Dr Building A, Billings, MT, 59102

8beds
4baths
7,920sqft
$1,896,780
$239price/sqft
$12,454/moest. monthly cost
$498,160/yrincome needed

About This Home

Fully occupied 8-unit, two-story brick multifamily property offering strong in-place income and immediate upside. All units are 2 bed, 1 bath. Five units have been renovated and are achieving premium rents, with three remaining units providing a clear value-add opportunity through updates. Property has demonstrated rental growth with continued demand in the area and consistent occupancy. DOR-approved for condo conversion, creating flexibility for a future exit strategy or phased sell-off. Located less than one mile from a major regional hospital development, supporting long-term rental demand. Part of a three-building portfolio at 420 Lordwith Drive, available individually or as a portfolio acquisition. Opportunity for both cash flow and appreciation.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

5/10
3/10
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1959

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Two Story
  • Property subType: Multi Family,Apartment

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Finished area above ground: 7,920

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 7,920 sqft

Property

Details

  • Parcel number: A18622
  • Attached to another structure: Yes
  • Zoning description: Mixed Residential 2

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 7,919 sqft
  • Features: Interior Lot,Landscaped