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420 Lordwith Dr Building B, Billings, MT, 59102

8beds
4baths
7,920sqft
$1,841,880
$233price/sqft
$12,108/moest. monthly cost
$484,320/yrincome needed

About This Home

8-unit, two-story brick multifamily offering all 2BR/1BA units with full occupancy and an active waitlist. Majority of units have been thoughtfully updated, with remaining classic units presenting a clear value-add opportunity through light renovation and repositioning. Strong in-place performance with immediate income and upside tied to unit turnover and continued improvements. Ideal blend of stabilized asset and future growth potential. DOR-approved condo conversion creates optional exit strategy for individual unit sales. Part of a three-building offering at 420 Lordwith Drive in Billings, available individually or as a portfolio acquisition. Located less than one mile from the new Intermountain Health campus, supporting long-term rental demand and area growth.

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