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About This Home

This 3-bedroom, 4-bathroom single family at 312 S 31st Street in Billings, MT is listed for $250,000 ($138 per sqft). Built in 1920, the home offers 1,816 sqft of living space on a 0.08 acres lot.

Agent Description

What if $250,000 could get you not one home, but 3 with 4 total living spaces? Investors, flippers, and savvy owner-occupants stop scrolling. Currently producing income, this unique setup offers 4 separate living spaces, 3 houses, giving multiple ways to create cash flow, day one.

It's a little rough around the edges. But that's exactly where the opportunity is. Live in one and let the others help offset your payment. Rent all four and explore the upside. Improve the finishes over time and unlock even more value. Opportunities like this do not come around often: Main front unit: 1 bed, 1 bath, living room, dining area, washe

r/dryer hookups Upper apartment: Efficiency kitchen Detached studio: full bath and kitchen Detached 1-bed: 1 bed, 1 bath, eff. kitchen If you've been waiting for a property with income now and upside later, this one is worth seeing before everyone else does.

Key Features

  • Built in 1920
  • 0.08 acre lot
  • Fireplace

Property Details

1 story
4 full
1920

Amenities

FireplaceA/C

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

312 S 31st Street

Billings, MT 59101

Billings Original Townsite

Features & Amenities

Exterior Features

Deck

Property Details

Construction

WoodSiding

Pool Features

PorchDeck

Heating

Electric (Heating)Forced AirNatural Gas

Cooling

Window Unit(s)

Appliances

DishwasherFreeStandingRangeOvenRangeRefrigerator

Questions & Answers

This 3-bedroom, 4-bathroom single family at 312 S 31st Street is listed at $250,000 ($138/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.08 acre lot, Fireplace. Exterior Features: Deck.

This property is listed by Shawn Johnston and can be reached at 4067023949 or shawn@deco-realty.com.

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SJ

Shawn Johnston

Agent at Keller Williams Yellowstone Properties

(406) 702-3949

Listed by Keller Williams Yellowstone Properties

MLS# 358139· Source: listhub· Updated today

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.

312 S 31st Street, Billings, MT 59101

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