818-832 N 16th St, Billings, MT

Multi-family for Sale - $1,900,000 - 12,680 Sq. Ft. on 0.64 acres


Agent Info

George Warmer
Coldwell Banker Commercial CBS

Property Info

CIMLS#1180089
Location
  818-832 N 16th St
  Billings MT 59101
UpdatedAugust 22nd, 2025
TypeMulti-family
Price$1,900,000
Building12,680 Sq. Ft.
Land0.64 acres

Property Description

PROPERTY DESCRIPTION

This distinctive multi-family complex in the heart of Billings’ desirable North Park neighborhood offers a rare investment opportunity. Comprising four modern duplexes constructed between 2010 and 2016, the property features eight total residential units designed with comfort, functionality, and long term appeal in mind. Strategically located near Billings’ downtown medical corridor, this property is ideal for healthcare professionals seeking high-quality, well-appointed housing close to the city’s top hospitals and clinics.

LOCATION DESCRIPTION

Located just minutes from:

• Billings Clinic and St. Vincent Healthcare

• Downtown Billings restaurants, shops, and services

• North Park green space

• Major routes including I-90 and 27th Street

This central location makes the complex an attractive home base for medical professionals, working residents, or long-term tenants seeking security, style, and convenience.

Investment Highlights

• Turnkey asset with modern construction—minimal capital improvements needed

• Strong upside with potential for rental increases in a supply constrained market

• Established rental history and low vacancy trends

• Appealing to both investors and 1031 exchange buyers

PROPERTY HIGHLIGHTS

Eight total units across four duplex buildings

Modern floor plans with contemporary finishes

Central air conditioning and heating in every unit

Attached garages offer added convenience and storage

Secured access with gated entry and security camera system

Professionally landscaped grounds with low-maintenance appeal

Well-maintained interiors and exteriors

VIRTUAL TOURS

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Financials



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