Skip To Content

2517 Arnold Lane

Billings, MT 59102
  • $826,533
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 360288
UPDATED: 33 min ago
$826,533
  • 5
    BEDS
  • 0.38
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,762
    SQFT
  • $299
    $/SQFT
Neighborhood:
Na
Type:
Single-Family Home
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:

Description

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

Monthly Payment Calculator



© 2026 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 7/22/2026.
www.searchbillingsrealestate.com/homes/178272456
Print Image

2517 Arnold Lane Billings, MT 59102

  • Price: $826,533
  • Status: Active
  • On Site: 22 Days
  • Updated: 33 min ago
  • MLS #: 360288
5
Beds
3
Baths
0
½ Baths
0.38
Acres
2,762
SQFT
$299
$/SQFT
1950
Built
Neighborhood:
Na
County:
Yellowstone
Area:
(08) West Billings
Elementary School:
Burlington
Middle School:
Will James
High School:
West
Property Description
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
Exterior Features

Architectural Style Ranch Construction Materials Hardboard Covered Spaces 1 Fencing None Garage YN Yes Lot Features Landscaped Parking Features Attached Roof Asphalt

Interior Features

Above Grade Finished Area 1529 Appliances Dishwasher Disposal Gas Range Microwave Oven Range Refrigerator Basement Full Basement YN Yes Cooling Central Air Cooling YN Yes Heating Forced Air Gas Heating YN Yes Levels Two Main Level Bathrooms 2 Main Level Bedrooms 3 Rooms Bedroom (Basement Level) Bedroom (Basement Level) Kitchen (Basement Level) Bedroom (Main Level) Bedroom (Main Level) Bedroom (Main Level) Living Room (Main Level) Kitchen (Main Level)

Property Features

Association Fee 0 Disclosures Disclosure on File Fuel Expense 0 Possession Close Of Escrow Property Condition Resale Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Sewer Public Sewer Tax Annual Amount 2397 Water Sewer Expense 0 Water Source Public Zoning Description Mid- Century Neighborhood Residential

Listing information © 2026 Billings Association of Realtors MLS
Listing courtesy of Steve Wells of Century 21 Americana: 406-294-2121


© 2026 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 7/22/2026.
 
https://bt-photos.global.ssl.fastly.net/billings/orig_boomver_1_360288-2.jpg https://bt-photos.global.ssl.fastly.net/billings/orig_boomver_1_360288-2.jpg https://bt-photos.global.ssl.fastly.net/billings/orig_boomver_1_360288-2.jpg
Logo
Real Estate HUB
Serving Your Real Estate Needs In
Billings MT,