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312 S 31st Street

Billings, MT 59101
  • $250,000
  • STATUS: Active
  • ON SITE: 77 Days
  • MLS #: 358139
UPDATED: 69 min ago
$250,000
  • 3
    BEDS
  • 0.08
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,816
    SQFT
  • $138
    $/SQFT
Type:
Single-Family Home
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:

Description

What if $250,000 could get you not one home, but 3 with 4 total living spaces? Investors, flippers, and savvy owner-occupants stop scrolling. Currently producing income, this unique setup offers 4 separate living spaces, 3 houses, giving multiple ways to create cash flow, day one. It’s a little rough around the edges. But that’s exactly where the opportunity is. Live in one and let the others help offset your payment. Rent all four and explore the upside. Improve the finishes over time and unlock even more value. Opportunities like this do not come around often: Main front unit: 1 bed, 1 bath, living room, dining area, washer/dryer hookups Upper apartment: Efficiency kitchen Detached studio: full bath and kitchen Detached 1-bed: 1 bed, 1 bath, eff. kitchen If you’ve been waiting for a property with income now and upside later, this one is worth seeing before everyone else does.

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© 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 6/5/2026.
www.searchbillingsrealestate.com/homes/174253696
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312 S 31st Street Billings, MT 59101

  • Price: $250,000
  • Status: Active
  • On Site: 77 Days
  • Updated: 69 min ago
  • MLS #: 358139
3
Beds
4
Baths
0
½ Baths
0.08
Acres
1,816
SQFT
$138
$/SQFT
1920
Built
Neighborhood:
Billings Original Townsite
County:
Yellowstone
Area:
(04) South Billings
Elementary School:
Orchard
Middle School:
Riverside
High School:
Senior High
Property Description
What if $250,000 could get you not one home, but 3 with 4 total living spaces? Investors, flippers, and savvy owner-occupants stop scrolling. Currently producing income, this unique setup offers 4 separate living spaces, 3 houses, giving multiple ways to create cash flow, day one. It’s a little rough around the edges. But that’s exactly where the opportunity is. Live in one and let the others help offset your payment. Rent all four and explore the upside. Improve the finishes over time and unlock even more value. Opportunities like this do not come around often: Main front unit: 1 bed, 1 bath, living room, dining area, washer/dryer hookups Upper apartment: Efficiency kitchen Detached studio: full bath and kitchen Detached 1-bed: 1 bed, 1 bath, eff. kitchen If you’ve been waiting for a property with income now and upside later, this one is worth seeing before everyone else does.
Exterior Features

Architectural Style Ranch Construction Materials Wood Siding Covered Spaces 0 Exterior Features Deck Fencing Fenced Garage YN No Lot Features Alley Other Structures Shed(s) Parking Features None Patio And Porch Features Deck Front Porch Roof Asphalt Shingle

Interior Features

Above Grade Finished Area 1816 Appliances Dishwasher Free- Standing Range Oven Range Refrigerator Basement None Basement YN No Cooling Window Unit(s) Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Heating Electric Forced Air Gas Heating YN Yes Levels Two Main Level Bathrooms 3 Main Level Bedrooms 2

Property Features

Association Fee 0 Disclosures Disclosure on File Fuel Expense 0 Listing Terms Cash New Loan Possession Closing Property Condition Resale Property Sub Type Other Property Sub Type Additional Other Sewer Public Sewer Tax Annual Amount 1574 Water Sewer Expense 0 Water Source Public Zoning Description First Neighborhood Residential

Listing information © 2026 Billings Association of Realtors MLS
Listing courtesy of Shawn Johnston of Keller Williams Yellowstone Properties: 406-655-0005
© 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 6/5/2026.
 
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