420 Lordwith Dr Building A, Billings, MT, 59102
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
Somewhat Walkable
Very Limited Transit
BikeableSchools
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
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
- Cold Wave
- Inland Flooding
- Lightning
- Earthquake
- Hail
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Yellowstone County and Montana
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,591 | $115,092 |
| Home Insurance | $1,151 | $13,812 |
| Property Taxes | $1,169 | $14,028 |
| Electricity | $543 | $6,525 |
| Total | $12,454 | $149,448 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-14 | Listed for sale | $1,896,780 |
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