Address
2517 Arnold Lane, Billings, MT
Price
$ 826,533
Property Attributes
  • MLS#360288
  • TypeSingle Family
  • Listing Status Active
  • CountyYellowstone
  • CityBillings
  • AreaWest Billings
  • NeighborhoodNA
  • Zip59102
  • Style
  • Year Built1950
  • Taxes$ 2397
  • Price$ 826,533
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2762
  • Lot Size0.38 Acres
Data Source:
Billings MLS (BMTMLS)
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

Elementary School Middle School High School
Burlington Elementary School Will James Middle School West High School
Price History
6/29/2026 Listed $826,533

General Features

Sewer Public Sewer
Heating Forced Air,Gas
Cooling Central Air
Possession Close Of Escrow
Roof Asphalt
Construction Materials Hardboard
Year Built 1950
Stories Count 1
Levels Two
Property Subtype Single Family Residence
County Yellowstone
Property Type Residential
Subdivision Name NA
Garage Y/N true
Status Active
ModificationTimestamp 2026-07-06T18:28:30.530-00:00
City Billings
Disclosures Disclosure on File
Zoning Description Mid-Century Neighborhood Residential
MLS Area (08) West Billings
Tax Annual Amount 2397
Property Condition Resale
MLS Area Minor 8
Virtual Tour https://www.propertypanorama.com/instaview/bmt/360288
Standard Status Active
Property Sub Type Additional Single Family Residence
PostalCity Billings
Legal Description S01, T01 S, R25 E, C.O.S. 303, PARCEL 7
AttributionContact 406-794-6465
High School West
Lot Size Square Feet 16553
Elementary School Burlington
Middle/Junior High School Will James
Architectural Style Ranch
Appliances Dishwasher,Disposal,Gas Range,Microwave,Oven,Range,Refrigerator
Full Baths 3
Garage Spaces 1
Total Rooms 8

Interior Features

Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 1529
Main Level Bathrooms 2
Total Baths 3
Total Bedrooms 5
Main Level Bedrooms 3
Basement Full

Exterior Features

Parking Features Attached
Water Source Public
Lot Size Acres 0.38
Lot Features Landscaped
Fencing None
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 59102

Price
AVG $390K
$830K
Taxes
AVG $2,456
$2,397
Year Built
AVG 1970
1950