# 420 Lordwith Drive, Billings, MT 59102

> **TL;DR:** commercial, $5,450,000 ($229/sqft), built 1959, 23,760 sqft.
> A/C. Est. $23,617/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,450,000 |
| Price/sqft | $229 |
| Square Feet | 23,760 |
| Year Built | 1959 |
| Lot Size | 23,762 sqft (0.55 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $23,617 |
| **Total** | **$23,617** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1959
- 0.55 acre lot
- 2 stories

## Description

### Agent Description
The Residences at Lordwith is a stabilized 24-unit multifamily in a central Billings infill location near Pioneer Park and downtown. The property is fully occupied with a waitlist, providing consistent cash flow supported by strong demand and professional management. It offers clear upside through renovation of remaining classic units, with updated units already achieving higher rents and demonstrating a repeatable path to increased NOI. An approved condo conversion adds flexibility, allowing for long-term hold, phased sell-off, or full retail disposition. With proven performance, continued rent growth, and demand from both renters and potential owner-occupants, this asset presents a strong blend of stability and upside.

## Location

- **Address:** 420 Lordwith Drive, Billings, MT 59102
- **County:** Yellowstone
- **Neighborhood:** Witherup
- **Coordinates:** 45.78625, -108.5266
- **Google Maps:** https://www.google.com/maps?q=45.78625,-108.5266

## Listing Agent

- **Name:** Lukas Seely
- **Brokerage:** Century 21 Americana
- **Phone:** 3105705415
- **Email:** looder.realestate@gmail.com

## Primary Photo

![420 Lordwith Drive - Primary Photo](http://lh.rdcpix.com/2de0e98aa6a332f7a9a9b3a621b11d0dl-f568703105r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/420-lordwith-drive-billings-mt-59102-t358713)*

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**MLS#:** 358713 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/420-lordwith-drive-billings-mt-59102-t358713)

---

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