About This Home

This 5-bedroom, 3-bathroom single family at 2517 Arnold Lane in Billings, MT is listed for $826,533 ($299 per sqft). Built in 1950, the home offers 2,762 sqft of living space on a 0.38 acres lot.

Key Features

  • Built in 1950
  • 0.38 acre lot

Property Details

1 story
3 full
1-car garage
1950

Amenities

A/C
Listing 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 Cost Estimate

$4,420/mo

20% down · 6.5% · 30 years

Principal$598
Interest$3,582
Insurance$241

Estimates only. Actual payments may vary.

Location

2517 Arnold Lane

Billings, MT 59102

Property Details

Construction

Hardboard

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

DishwasherDisposalGasRangeMicrowaveOvenRangeRefrigerator

Questions & Answers

This 5-bedroom, 3-bathroom single family at 2517 Arnold Lane is listed at $826,533 ($299/sqft). The estimated monthly payment is $4,420 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.38 acre lot.

This property is listed by Steve Wells.

SW

Steve Wells

License RRE-RBS-LIC-54012

Agent at Century 21 Hometown Brokers

Listed by Century 21 Hometown Brokers · Broker phone: (406) 294-2121 · View on Broker Site · Broker website

MLS# 360288· Source: Billings Association of Realtors· 2 days on PropertySimple

Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2517 Arnold Lane, Billings, MT 59102

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