818-832 N 16th St

$1,900,000

818-832 N 16th St Billings, MT 59101

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About this listing

DESCRIPTION

PROPERTY DESCRIPTION
This distinctive multi-family complex in the heart of Billings’ desirable North Park neighborhood offers a rare investment opportunity. Comprising four modern duplexes constructed between 2010 and 2016, the property features eight total residential units designed with comfort, functionality, and long term appeal in mind. Strategically located near Billings’ downtown medical corridor, this property is ideal for healthcare professionals seeking high-quality, well-appointed housing close to the city’s top hospitals and clinics.
LOCATION DESCRIPTION
Located just minutes from:
• Billings Clinic and St. Vincent Healthcare
• Downtown Billings restaurants, shops, and services
• North Park green space
• Major routes including I-90 and 27th Street
This central location makes the complex an attractive home base for medical professionals, working residents, or long-term tenants seeking security, style, and convenience.


Investment Highlights
• Turnkey asset with modern construction—minimal capital improvements needed
• Strong upside with potential for rental increases in a supply constrained market
• Established rental history and low vacancy trends
• Appealing to both investors and 1031 exchange buyers




PROPERTY HIGHLIGHTS
Eight total units across four duplex buildings
Modern floor plans with contemporary finishes
Central air conditioning and heating in every unit
Attached garages offer added convenience and storage
Secured access with gated entry and security camera system
Professionally landscaped grounds with low-maintenance appeal
Well-maintained interiors and exteriors

  • Building Size

    12,680 sqft

  • Lot Area

    28,000 sqft

  • Units

    8

  • Year Built

    2008

  • Zoning

    NX1-Mixed Residential 1

Map





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