Single Family Home · Billings, MT

2517 Arnold Lane, Billings, MT 59102

$826,533 Active MLS® 360288 Single Family Home
Return to results
ActiveMLS® 360288
$826,533
2517 Arnold Lane, Billings, MT 59102
5 Bds 3 Ba 2,762 Sq.Ft. 0.38 Ac
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
  • Additional features
  • Utilities
  • Air conditioning Central Air
  • Basement description Full
  • Pool description
  • Outbuildings
  • Fence None
  • Lot dimension 0.38
  • Lot description Landscaped
Exterior Features
  • Body of water
  • View
  • Pool
  • Pool description
  • Outbuildings
  • Fence None
  • Lot dimension 0.38
  • Lot description Landscaped
  • Foundation
  • Exterior
  • Roofing materials Asphalt
Location