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
For sale
$826,533
2517 Arnold Ln, Billings, MT 59102
5beds
2,762sqft
:
Get pre-qualified$5,246/mo
Single Family Residence
Built in 1950
0.38 Acres Lot
$-- Zestimate®
$299/sqft
$-- HOA
What's special
Private patioNew lvp flooringFreshly landscaped groundsNew asphalt parkingOff-street parkingDedicated parkingNew roof
- 25 days |
- 453 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Steve Wells 406-794-6465,
Century 21 Americana
Source: BMTMLS,MLS#: 360288
Originating MLS: Billings Association Of REALTORS
Originating MLS: Billings Association Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Description: Flooring: Carpet
- Level: Main
Bedroom
- Description: Flooring: Carpet
- Level: Main
Bedroom
- Description: Flooring: Carpet
- Level: Main
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Kitchen
- Description: Flooring: Plank,Simulated Wood
- Level: Main
Kitchen
- Level: Basement
Living room
- Description: Flooring: Plank,Simulated Wood
- Level: Main
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Range, Microwave, Oven, Range, Refrigerator
Features
- Basement: Full
Interior area
- Total interior livable area: 2,762 sqft
- Finished area above ground: 1,529
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 1
- Fencing: None
Lot
- Size: 0.38 Acres
- Features: Landscaped
Details
- Parcel number: D00303
- Zoning description: Mid-Century Neighborhood Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Hardboard
- Roof: Asphalt
Condition
- Resale
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: NA
Location
- Region: Billings
Financial & listing details
- Price per square foot: $299/sqft
- Tax assessed value: $352,858
- Annual tax amount: $2,397
- Date on market: 6/29/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,702/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $826,533$299/sqft |
Source:  BMTMLS #360288 Report a problem | ||
| 3/21/2026 | Listing removed | $2,135$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/6/2026 | Listed for rent | $2,135$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,027 -32.2% | $349,900 +5.8% |
| 2024 | $2,988 +1.2% | $330,800 |
| 2023 | $2,952 +38.3% | $330,800 +53.8% |
| 2022 | $2,135 +5.1% | $215,100 |
| 2021 | $2,031 +3.4% | $215,100 +3.6% |
| 2020 | $1,965 -1.9% | $207,700 |
| 2019 | $2,003 -9.3% | $207,700 +9.5% |
| 2018 | $2,209 +2.9% | $189,700 |
| 2017 | $2,146 +5.6% | $189,700 +4.1% |
| 2016 | $2,032 | $182,200 |
| 2015 | $2,032 +4.7% | $182,200 +91.8% |
| 2014 | $1,940 +26.1% | $94,976 +2.6% |
| 2013 | $1,538 +2% | $92,586 +3% |
| 2012 | $1,509 | $89,927 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $123,400 |
| 2007 | -- | $123,400 |
| 2006 | -- | $123,400 |
| 2005 | -- | $123,400 |
| 2004 | -- | $123,400 |
| 2003 | -- | $123,400 +30.6% |
| 2002 | -- | $94,500 |
| 2000 | -- | $94,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: West End
Nearby schools
GreatSchools rating
- 5/10Burlington Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Will James Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10Billings West High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Burlington
- Middle: Will James
- 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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