2517 Arnold LaneBillings, MT 59102
NA · Yellowstone County
$826,533List price
5Beds
3Baths
2,762Sq Ft
1950Year built
0.38Acre lot
1Garage
4 months agoOn market
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
Property Information
- Property type
- Residential
- Sub-type
- Single Family Residence
- Style
- Ranch
- Year built
- 1950
- Living area
- 2,762 Sq Ft
- Lot size
- 0.38 acres
- Garage spaces
- 1
- Days on market
- 124
- MLS® Listing#
- 360288
Property Features
- Appliances
- Dishwasher · Disposal · Gas Range · Microwave · Oven · Range · Refrigerator
- Cooling
- Central Air
- Heating
- Natural Gas · Forced Air
- Basement
- Full
- Parking
- Attached
- Fencing
- None
- Lot features
- Landscaped
- Roof
- Asphalt
- Sewer
- Public Sewer
- Water source
- Public
Schools
- Elementary
- Burlington
- Middle
- Will James
- High
- West
Financial Details
- Annual taxes
- $2,397
- Parcel number
- D00303
Listing Courtesy: Century 21 Americana - 406-794-6465
Presented by: Steve Wells
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Data Terms of Use
"Copyright Billings Association of REALTORS® Incorporated and Billings Multiple Listing Service Incorporated. All rights reserved. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited.
Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the Billings Association of REALTORS® Incorporated nor the Billings Multiple Listing Service Incorporated, make any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.
The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing. The user of this site is granted permission to copy a reasonable and limited number of copies to be used in satisfying the purposed identified in the preceding sentence.
By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of changes."
Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the Billings Association of REALTORS® Incorporated nor the Billings Multiple Listing Service Incorporated, make any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.
The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing. The user of this site is granted permission to copy a reasonable and limited number of copies to be used in satisfying the purposed identified in the preceding sentence.
By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of changes."
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