240 Terry Avenue, Billings, MT 59101

• 1,702 sqft

Property Description

OPEN HOUSE SATURDAY 2-4. Investment opportunity in Downtown Billings! This 3-unit property at 240 Terry Ave offers flexibility for investors or owner-occupants. Featuring two homes plus a detached 2-car garage, this setup provides multiple income-producing options. Two units leased, creating immediate rental income, while one vacant unit is available for easy viewing or owner occupancy. Main level unit has 3 beds and 1 bath, Lower level Unit has 2 beds and 1 bath. Back house is obo 700 sq ft with open concept and one bath. Downtown Billings, just minutes from schools, parks, shopping, dining, and city amenities, this is a rare chance to own a centrally located multi-unit property with built-in income. Live in one unit & let the rental income help offset your mortgage, or add this strong cash-flow opportunity to your investment portfolio. NEW SEWER LINE, PRE-Inspection Avail! No AC

Listing Status:

Active

Date Added:

May 13, 2026

Data Last Updated:

May 20, 2026 at 6:19AM

Listing Office:

Montana Real Estate Brokers : 406-869-2000

Listing Agent:

Heidi Brosovich : 406-671-0122

MLS ID:

359312

Interior

• Heating: OtherCombination

Exterior

• Other Structures: DeckPatio
• Parking: Additional ParkingParking spaces: 3

Construction

• Roofing: AsphaltShingle
• General: Aluminum Siding1

Location

• Originating MLS: BMT_BMT
• County: Yellowstone

Lot

• Zoning: SUBURBAN SUBDS04T01 SR26 EBLOCK 10Lot 26 - 27A15911

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BMT_BMT