Commercial · Billings, MT 59102
420 Lordwith Drive, Billings, MT 59102
Billings, MT 59102
$5,450,000
ActiveMLS® 358713
The Residences at Lordwith is a stabilized 24-unit multifamily in a central Billings infill location near Pioneer Park and downtown. The property is fully occupied with a waitlist, providing consistent cash flow supported by strong demand and professional management. It offers clear upside through renovation of remaining classic units, with updated units already achieving higher rents and demonstrating a repeatable path to increased NOI. An approved condo conversion adds flexibility, allowing for long-term hold, phased sell-off, or full retail disposition. With proven performance, continued rent growth, and demand from both renters and potential owner-occupants, this asset presents a strong blend of stability and upside. See related listings for Building A (MLS #358656), Building B (MLS #358710) and Building C (MLS #358712).
Interior
- A/C Central Air
- Heating Forced Air, Gas
Exterior and Construction
- Construction materials Brick
- Roofing Asphalt, Shingle
Utilities
- Sewer Public Sewer
- Water Public
Land and Lot
- Lot size 0.5455 acres
- Current Use Multi-Family
- Lot description Alley, Sprinklers In Ground
Location and Zoning
- Road/Access Asphalt
- Zoning description NX2 - Mixed Residential 2
- County Yellowstone
- Subdivision Witherup
- Neighborhood Highlands
Schools
- School District Billings Elementary School District
Tax and Legal
- Annual tax $9,839
- Parcel number A18622
- Legal description WITHERUP SUBD, S32, T01 N, R26 E, BLOCK 1, Lot 1 - 2, (14) Units 1-8
Parking and Garage
- Garage Common, Parking Lot
Listing Information
- Listing Agent
- Lukas Seely
- Listing Office
- Century 21 Americana
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