Single Family Home
2517 Arnold Lane
Billings, MT 59102
$826,533
ActiveMLS® 360288
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
Interior
- Appliances Dishwasher, Disposal, Gas Range, Microwave, Oven, Range, Refrigerator
- Basement Full
- A/C Central Air
- Heating Forced Air, Gas
Exterior and Construction
- Construction materials Hardboard
- Style Ranch
- Roofing Asphalt
Utilities
- Sewer Public Sewer
- Water Public
Land and Lot
- Lot size 0.38 acres (16,553 sq ft)
- Lot description Landscaped
Location and Zoning
- Zoning description N2 - Mid-Century Neighborhood Residential
- County Yellowstone
- Neighborhood West Central
Schools
- High School West
- Elementary School Burlington
- Junior High School Will James
- School District Billings Elementary School District
Tax and Legal
- Annual tax $2,397
- Parcel number D00303
- Legal description S01, T01 S, R25 E, C.O.S. 303, PARCEL 7
Parking and Garage
- Garage Attached
- Garage spaces 1
Listing Information
- Listing Agent
- Steve Wells
- Listing Office
- Century 21 Americana
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