Investment opportunity in an exceptionally well-located Billings 4-plex! Offered at $499,000 with $51,720 gross income and $38,775 net income, producing an approximate 7.75% cap rate. Located directly across from the new hospital development, and just steps from MSUB, this property is positioned for strong rental demand. All four units are side-by-side and completely step-free, offering convenient single-level living. Units have recently received tasteful facelifts including new paint, trim, and flooring as needed, while the exterior has also been freshly painted. Two units are furnished and leased to traveling professionals, while the other two are occupied by longer-term tenants currently paying slightly below-market rents, providing potential upside. A turnkey investment with excellent location, solid income, and room to grow.
Under contract
$499,000
1257 N 26th St, Billings, MT 59101
5beds
4baths
--sqft
Quadruplex, Multi Family, Multi Family
Built in 1947
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two units are furnished
- 31 days
- 168
- 11
Zillow last checked:
Listing updated:
Listed by:
John Goggins 406-698-4159,
The Goggins Company,
Non Member Non Member,
NON MEMBER
Source: BMTMLS,MLS#: 360976
Originating MLS: Billings Association Of REALTORS
Originating MLS: Billings Association Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: Laundry Room
Interior area
- Finished area above ground: 0
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 9,988 Square Feet
- Features: Cul-De-Sac
Details
- Parcel number: A16541
- Zoning description: NX1 - Mixed Residential 1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Quadruplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Asphalt,Shingle
Condition
- Resale
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sunnyside
Location
- Region: Billings
Financial & listing details
- Tax assessed value: $320,155
- Annual tax amount: $2,082
- Date on market: 8/3/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$1,506/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Contingent | $499,000 |
Source:  BMTMLS #360976 Report a problem | ||
| 8/3/2026 | Listed for sale | $499,000+99.6% |
Source: BMTMLS #360976 Report a problem | ||
| 9/23/2019 | Listing removed | $250,000 |
Source: Berkshire Hathaway HS Floberg #299722 Report a problem | ||
| 7/26/2019 | Pending sale | $250,000 |
Source: Berkshire Hathaway HS Floberg #299722 Report a problem | ||
| 7/22/2019 | Listed for sale | $250,000 |
Source: Berkshire Hathaway HS Floberg #299722 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,752 -25.5% | $302,400 +16.2% |
| 2024 | $2,350 +1.2% | $260,200 |
| 2023 | $2,322 +18.9% | $260,200 +32.3% |
| 2022 | $1,952 +5.1% | $196,700 |
| 2021 | $1,857 +27.9% | $196,700 +28.1% |
| 2020 | $1,452 +19% | $153,500 +21.2% |
| 2019 | $1,221 -21.9% | $126,600 +0.9% |
| 2018 | $1,562 +3.1% | $125,500 |
| 2017 | $1,516 +7.5% | $125,500 +6.8% |
| 2016 | $1,410 | $117,462 |
| 2015 | $1,410 -16.9% | $117,462 +44% |
| 2014 | $1,697 +29.4% | $81,567 +3.2% |
| 2013 | $1,312 +2.7% | $79,006 +3.7% |
| 2012 | $1,278 | $76,189 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $100,400 |
| 2007 | -- | $100,400 |
| 2006 | -- | $100,400 |
| 2005 | -- | $100,400 |
| 2004 | -- | $100,400 |
| 2003 | -- | $100,400 +3.1% |
| 2002 | -- | $97,400 +13.9% |
| 2000 | -- | $85,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Park
Nearby schools
Schools provided by the listing agent
- Elementary: Mckinley
- Middle: Riverside
- High: Senior High
Source: BMTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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