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Under contract
    • $225,000

    4131 Buchanan Ave, Billings, MT 59101

    5beds
    3baths
    1,996sqft
    : 
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    Triplex, Multi Family, Multi Family
    Built in 1939
    -- sqft lot
    $292,500 Zestimate®
    $113/sqft
    $-- HOA

    What's special

    Spacious private courtyard areaBrand-new roofs
    Back by Popular Demand! Don’t miss this unique investment opportunity featuring three fully-rented units on one property. The front home offers 3 bedrooms and 1 bathroom, while the back duplex includes two 1-bedroom, 1-bathroom units—perfect for generating consistent rental income. This low-maintenance property boasts three brand-new roofs and recent plumbing updates in the duplex. Each unit has its own designated parking space and shares a spacious, private courtyard area for added tenant appeal. Conveniently situated with easy access to downtown, major roadways, and local amenities—this is a strong addition to any investment portfolio. Seller is offering the property as-is, making this a straightforward opportunity for savvy buyers.
    386 days
    |
    688
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Truthe West 406-200-4182,

    Keller Williams Yellowstone Pr

    Source: BMTMLS,MLS#: 353846MLS LogoOriginating MLS: Billings Association Of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Other
      Cooling
      • None
      Interior area
      • Total interior livable area: 1,996 sqft
      • Finished area above ground: 1,996
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 6,098 Square Feet
      Details
      • Parcel number: A06926
      • Zoning description: Mid-Century Neighborhood Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family, Multi Family
      • Attached to another structure: Yes
      Materials
      • Roof: Asphalt
      Condition
      • Resale
      • Year built: 1939

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Fairview
      Location
      • Region: Billings

      Financial & listing details

      • Price per square foot: $113/sqft
      • Tax assessed value: $170,953
      • Annual tax amount: $1,426
      • Date on market: 6/25/2025
      • Listing terms: Cash,New Loan

        Estimated market value

        $292,500

        $243,000 - $336,000

        $1,365/mo

        Price history

        DateEventPrice
        7/16/2026Contingent$225,000$113/sqft
        Source: BMTMLS #353846 Report a problem
        3/31/2026Price change$225,000-10%$113/sqft
        Source: BMTMLS #353846 Report a problem
        12/12/2025Price change$249,900-9.1%$125/sqft
        Source: BMTMLS #353846 Report a problem
        6/26/2025Price change$274,900+17%$138/sqft
        Source: BMTMLS #353846 Report a problem
        3/18/2025Price change$235,000-2%$118/sqft
        Source: BMTMLS #351407 Report a problem
        1/7/2025Price change$239,900-1.7%$120/sqft
        Source: BMTMLS #349042 Report a problem
        12/14/2024Price change$244,000-2%$122/sqft
        Source: BMTMLS #349042 Report a problem
        12/3/2024Price change$249,000-2.3%$125/sqft
        Source: BMTMLS #349042 Report a problem
        11/22/2024Price change$254,8000%$128/sqft
        Source: BMTMLS #349042 Report a problem
        10/4/2024Listed for sale$254,900+8.5%$128/sqft
        Source: BMTMLS #349042 Report a problem
        9/4/2024Listing removed$235,000$118/sqft
        Source: BMTMLS #345009 Report a problem
        3/29/2024Listed for sale$235,000$118/sqft
        Source: BMTMLS #345009 Report a problem
        1/8/2022Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        12/18/2021Listed for rent$895+12.6%
        Source: Zillow Rental Network Premium Report a problem
        11/21/2020Listing removed$795
        Source: Rainbow Property Manager Report a problem
        11/8/2020Listed for rent$795+3.9%
        Source: Rainbow Property Manager Report a problem
        4/25/2020Listing removed$765
        Source: Rainbow Property Manager Report a problem
        3/6/2020Price change$765-3.8%
        Source: Rainbow Property Manager Report a problem
        2/16/2020Price change$795+17.8%
        Source: Rainbow Property Manager Report a problem
        12/6/2019Listed for rent$675
        Source: Rainbow Property Manager Report a problem
        7/11/2018Listing removed$675
        Source: Rainbow Property Manager Report a problem
        1/25/2018Price change$675+22.7%
        Source: Rainbow Property Manager Report a problem
        12/16/2017Listed for rent$550
        Source: Rainbow Property Manager Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$991 -19.9%$170,953 +24.8%
        2024$1,237 +1.2%$136,963
        2023$1,222 +8.4%$136,963 +20.6%
        2022$1,127 +5.1%$113,536
        2021$1,072 -4.6%$113,536 -4.3%
        2020$1,123 -1.9%$118,695
        2019$1,145 -11.1%$118,695 +9.7%
        2018$1,288 +2.9%$108,163
        2017$1,251 +6.1%$108,163 +4.8%
        2016$1,179 $103,203
        2015$1,179 +13.4%$103,203 +111.2%
        2014$1,040 +29.7%$48,855 +1.3%
        2013$802 $48,239
        2011-- --
        2010-- --
        2009-- --
        2008-- $70,228
        2007-- $70,228
        2006-- $70,228
        2005-- $70,228 +0.1%
        2004-- $70,178
        2003-- $70,178 +6%
        2002-- $66,185
        2000-- $66,185
        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: Southside

        Getting around

        54 / 100
        Somewhat Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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