2517 Arnold Lane, Billings, MT 59102

$826,533 Active MLS® 360288 Single Family Home
ActiveMLS® 360288
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2517 Arnold Lane, Billings, MT 59102 photo
Single Family Home
MLS® 360288
$826,533
2517 Arnold Lane, Billings, MT 59102
5 Beds 3 Baths 0.38 Acres 2,762 Sq.Ft. Built 1950
Description

Turnkey tri-income property directly across from Lillis Park. Three separate rental streams generating $5,455/month ($65,460 annually) with all units leased at market rents. The main residence (1,529 sq ft | 3BD/2BA) and basement apartment (1,233 sq ft | 2BD/1BA) were completely rebuilt to the studs in 2025 — new LVP flooring, stainless appliances, and new roof. The detached ADU (960 sq ft | 2BD/2BA), completed in 2026, features a private patio and dedicated parking. All three units enjoy off-street parking on a 16,500 sq ft lot with freshly landscaped grounds and new asphalt parking added in 2026. Cap rate approaching 6% at list price. Zero deferred maintenance. Immediate returns. Rent Rolls available on request and signed NDA

Interior features
  • Air conditioning Central Air
  • Basement description Full
  • Fence None
  • Lot dimension 0.38
  • Lot description Landscaped
Exterior features
  • Fence None
  • Lot dimension 0.38
  • Lot description Landscaped
  • Roofing materials Asphalt

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