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For sale by owner
    • Price cut: $10K (6/28)
    $265,000

    312 S 31st St, Billings, MT 59101

    5beds
    1,700sqft
    : 
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    MultiFamily
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $156/sqft
    $-- HOA

    What's special

    Brand new porchNew bathroomTankless water heaterNewer kitchen
    Very unique ..this property has up too 4 rentals 3 are rented now and I live in the other main house..This property is registered with the city as a non confirming lot. And therefore has a Variance to protect allow owner if their were to be a loss of one of the houses and maint. This property is cool..it has studio/ house a back alley house and a front main house with a separate intrance attic room efficiency apartment that has a bedroom bath kitchenet and living room..it's rented for 750.00 mo. This property Can generate up to 3700.00 a month. So essentially u live in the main house for free and still make a hefty profit..so three houses and a rental for the price of one.. all houses remodeled main house has brand new windows doors furnace tankless water heater electric plumbing floors and new bathroom newer kitchen. Brand new porch. And insulation. From the city. In great condition. The minute u buy it..it starts making u money.
    What the owner loves about this home
    It's 5 minutes from every service including stores parks churches airport ect. Virtually Nothing needs replaced on this property and u live here for free and make a handsome profit..it's warm in winter cool in summer lots of room and two private sun decks. Very secure you really have to see it in person to realize it's worth and potential.
    21 days
    |
    1,551
    |
    39
    |
    Listed by:

    Property Owner (406) 861-5365

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 1
      • 3/4 bathrooms: 3
      Heating
      • Forced air, Wall, Electric, Gas
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator
      Features
      • Flooring: Softwood, Carpet, Linoleum / Vinyl
      • Basement: None
      Interior area
      • Total interior livable area: 1,700 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage - Detached, Off-street, On-street
      Features
      • Exterior features: Other, Shingle, Wood, Wood products, Brick, Cement / Concrete
      • Has spa: Yes
      • Has view: Yes
      • View description: Park, Territorial, City, Mountain
      Lot
      • Size: 3,484 Square Feet
      Details
      • Parcel number: 03092703343040000

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Frame
      • Foundation: Concrete
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1930

      Community & HOA

      Location
      • Region: Billings

      Financial & listing details

      • Price per square foot: $156/sqft
      • Tax assessed value: $243,074
      • Annual tax amount: $1,407
      • Date on market: 6/25/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,313/mo

        Price history

        DateEventPrice
        6/28/2026Price change$265,000-3.6%$156/sqft
        Source: Owner Report a problem
        6/25/2026Listed for sale$275,000+10%$162/sqft
        Source: Owner Report a problem
        6/8/2026Listing removed$250,000$147/sqft
        Source: BMTMLS #358141 Report a problem
        3/19/2026Listed for sale$250,000-25.4%$147/sqft
        Source: BMTMLS #358141 Report a problem
        2/21/2026Listing removed$335,000$197/sqft
        Source: BMTMLS #356683 Report a problem
        1/15/2026Price change$335,000-6.9%$197/sqft
        Source: BMTMLS #356683 Report a problem
        1/10/2026Listed for sale$360,000$212/sqft
        Source: BMTMLS #356683 Report a problem
        7/16/2002Sold--
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,407 -18.9%$243,074 +26.5%
        2024$1,736 +1.2%$192,189
        2023$1,715 +11%$192,189 +23.5%
        2022$1,544 +5.1%$155,624
        2021$1,469 +9.3%$155,624 +9.6%
        2020$1,343 -1.9%$142,023
        2019$1,369 -10.8%$142,023 +27.7%
        2018$1,535 +2.2%$111,225
        2017$1,501 +2.4%$111,225 +1.8%
        2016$1,466 $109,265
        2015$1,466 +17.4%$109,265 +130.5%
        2014$1,249 +65.5%$47,403 +4.3%
        2013$755 +3.9%$45,436 +5%
        2012$727 $43,292
        2011-- --
        2010-- --
        2009-- --
        2008-- $53,075
        2007-- $53,075
        2006-- $53,075
        2005-- $53,075
        2004-- $53,075
        2003-- $53,075 -5.1%
        2002-- $55,920
        2000-- $55,920
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 59101

        Getting around

        0 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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