Full of early 1900s character, this centrally located Billings home offers opportunity for investors, first-time buyers, or those looking for a property with potential. Operated as a long-term rental, the home has an established rental history and is currently professionally managed. Whether you're looking for your next investment property or a home you can update and make your own, this property offers several possibilities. It's convenient location provides easy access to downtown Billings, shopping, dining, employment centers, and other amenities throughout the city. Bring your ideas and explore the potential this property has to offer!
For sale
$250,000
1321 Terry Ave, Billings, MT 59102
2beds
1,712sqft
Single Family Residence
Built in 1941
5,514 Square Feet Lot
$286,100 Zestimate®
$146/sqft
$-- HOA
What's special
- 6 days
- 225
- 10
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Cody Cox 406-661-1282,
Montana Homestead Brokers
Source: BMTMLS,MLS#: 362562
Originating MLS: Billings Association Of REALTORS
Originating MLS: Billings Association Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Included: Oven, Range, Refrigerator
Features
- Basement: Full
Interior area
- Total interior livable area: 1,712 sqft
- Finished area above ground: 856
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 1
- Fencing: Fenced
Lot
- Size: 5,514 Square Feet
- Features: Alley
Details
- Parcel number: A13657B
- Zoning description: N1 - First Neighborhood Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Hardboard
- Roof: Asphalt
Condition
- Resale
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Ross
Location
- Region: Billings
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $263,300
- Annual tax amount: $3,825
- Date on market: 10/28/2026
- Listing terms: Cash,New Loan
Estimated market value
$286,100
$255,000 - $315,000
$1,239/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2026 | Listed for sale | $250,000$146/sqft |
Source:  BMTMLS #362562 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,525 -26.3% | $263,300 +15% |
| 2024 | $2,069 +1.2% | $229,000 |
| 2023 | $2,044 +10.1% | $229,000 +22.5% |
| 2022 | $1,857 +5.1% | $187,000 |
| 2021 | $1,766 -1.8% | $187,000 -1.6% |
| 2020 | $1,798 -1.9% | $190,100 |
| 2019 | $1,833 +2.2% | $190,100 +12.4% |
| 2018 | $1,794 +3% | $169,200 |
| 2017 | $1,741 +7.9% | $169,200 +7% |
| 2016 | $1,613 | $158,200 |
| 2015 | $1,613 +12.3% | $158,200 +107.1% |
| 2014 | $1,436 +18.2% | $76,373 +4.3% |
| 2013 | $1,216 +3.9% | $73,192 +5% |
| 2012 | $1,170 | $69,730 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $85,400 |
| 2007 | -- | $85,400 |
| 2006 | -- | $85,400 |
| 2005 | -- | $85,400 |
| 2004 | -- | $85,400 |
| 2003 | -- | $85,400 +14.6% |
| 2002 | -- | $74,500 |
| 2000 | -- | $74,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Central-Terry
Nearby schools
Schools provided by the listing agent
- Elementary: Miles Avenue
- Middle: Lewis and Clark
- High: West
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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