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5 Beds
3 Baths
2,762 sqft

$826,533

2517 Arnold Lane, Billings MT, 59102

Price per sqft$299.25
Built in1950
Property size2,762 sqft
Property typeResidential

Overview

Active

Listed Jun 29, 2026

Updated Jul 7

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

$5,499/mo

Est. mortgage payment based on a $826,533 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
360288

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.38 Acres

Other Property Details

Taxes
$2,397
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Steve Wells with Century 21 Americana
Listing Contact: 406-794-6465 

The IDX display contains information sourced from the Billings Association of REALTORS® as of 7/7/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Billings Association of REALTORS® all rights reserved.

Data last updated on 7/7/2026 at 3:42 AM UTC

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