27 Monroe St, Billings, MT, 59101
About This Home
Investors—don’t miss this rare two-for-one opportunity! This unique property offers two separate homes on one lot, making it an excellent income-producing investment. Both homes have been thoughtfully Updated. updated bathrooms, providing a clean, modern feel that appeals to tenants. The rear home is well kept adding peace of mind and reduced future maintenance costs. Both homes are currently tenant-occupied, creating immediate rental income for the next owner. Whether you’re looking to expand your rental portfolio or secure a solid long-term investment, this property checks all the boxes. Income and lease details available upon request. Call today for more information.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1920
Materials
- Roof: Asphalt
- Construction materials: Aluminum Siding,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Second Kitchen
- Door features: Storm Door(s)
- Finished area above ground: 1,340
Heating & Cooling
- Heating features: Forced Air,Gas,Hot Water
- Cooling features: None
Interior Area
- Total interior livable area: 1,340 sqft
Property
Details
- Parcel number: A14634
- Zoning description: First Neighborhood Residential
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 6,272 sqft
- Features: Interior Lot
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
- Cold Wave
- Winter Weather
- Inland Flooding
- Lightning
- 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 | $1,410 | $16,920 |
| Home Insurance | $191 | $2,292 |
| Property Taxes | $124 | $1,488 |
| Electricity | $151 | $1,812 |
| Total | $1,876 | $22,512 |
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 |
|---|---|---|
| 2026-03-29 | Listed for sale | $299,000 |
| 2026-03-28 | Listing removed | $304,000 |
| 2026-03-19 | Price change | $304,000 |
| 2026-01-29 | Listed for sale | $309,000 |
| 2020-11-09 | Sold | -- |
| 2020-11-07 | Pending sale | $164,000 |
| 2020-07-31 | Price change | $164,000 |
| 2020-06-07 | Listed for sale | $165,000 |
| 2020-05-20 | Pending sale | $165,000 |
| 2020-05-12 | Listed for sale | $165,000 |
| 2020-03-06 | Listing removed | $159,900 |
| 2020-02-24 | Listed for sale | $159,900 |
| 2019-07-05 | Sold | -- |
| 2019-06-14 | Listed for sale | $60,000 |
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