A UNIQUE INVESTMENT OPPORTUNITY!
Looking to jumpstart your real estate portfolio or offset your mortgage with rental income? This is an opportunity you won’t want to miss!
Featuring four separate units, this property offers the opportunity to live in one unit while generating rental income from the other three. Whether you’re an investor looking to expand your portfolio or an owner-occupant looking to build wealth through real estate, the possibilities are endless.
The property has seen numerous recent updates, including new windows and a tankless water heater in the main house, adding value and convenience for the next owner.
Opportunities like this don’t come around every day! Don’t miss your chance to own an income-producing property with incredible potential!
For sale
$290,000
312 S 31st St, Billings, MT 59101
2beds
1,192sqft
Single Family Residence
Built in 1920
3,497 Square Feet Lot
$-- Zestimate®
$243/sqft
$-- HOA
What's special
Four separate unitsNew windowsTankless water heater
- 2 days
- 181
- 6
Zillow last checked:
Listing updated:
Listed by:
Elian Diaz 406-598-3552,
Billings Best Real Estate
Source: BMTMLS,MLS#: 362637
Originating MLS: Billings Association Of REALTORS
Originating MLS: Billings Association Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Gas
Cooling
- Window Unit(s)
Appliances
- Included: Oven, Range, Refrigerator
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 1,192 sqft
- Finished area above ground: 1,192
Video & virtual tour
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
Lot
- Size: 3,497 Square Feet
- Features: Alley
Details
- Parcel number: A01360
- Zoning description: N1 - First Neighborhood Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Condition
- Resale
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Billings Original Townsite
Location
- Region: Billings
Financial & listing details
- Price per square foot: $243/sqft
- Tax assessed value: $243,074
- Annual tax amount: $1,929
- Date on market: 11/2/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2026 | Listed for sale | $290,000+9.4%$243/sqft |
Source:  BMTMLS #362637 Report a problem | ||
| 7/20/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/28/2026 | Price change | $265,000-3.6%$222/sqft |
Source: Owner Report a problem | ||
| 6/25/2026 | Listed for sale | $275,000+10%$231/sqft |
Source: Owner Report a problem | ||
| 6/8/2026 | Listing removed | $250,000$210/sqft |
Source: BMTMLS #358141 Report a problem | ||
| 3/19/2026 | Listed for sale | $250,000-25.4%$210/sqft |
Source: BMTMLS #358141 Report a problem | ||
| 2/21/2026 | Listing removed | $335,000$281/sqft |
Source: BMTMLS #356683 Report a problem | ||
| 1/15/2026 | Price change | $335,000-6.9%$281/sqft |
Source: BMTMLS #356683 Report a problem | ||
| 1/10/2026 | Listed for sale | $360,000$302/sqft |
Source: BMTMLS #356683 Report a problem | ||
| 7/16/2002 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: Southside
Nearby schools
Schools provided by the listing agent
- Elementary: Orchard
- 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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