For Sale

818-832 N 16th St

27817

Property ID

12,680 sf

Size

$1,900,000.00

Description

PROPERTY DESCRIPTION
This distinctive multi-family complex in the heart of Billings’ desirable North Park neighborhood offers a rare investment opportunity. Comprising four modern duplexes constructed between 2010 and 2016, the property features eight total residential units designed with comfort, functionality, and long term appeal in mind. Strategically located near Billings’ downtown medical corridor, this property is ideal for healthcare professionals seeking high-quality, well-appointed housing close to the city’s top hospitals and clinics.

LOCATION DESCRIPTION
Located just minutes from:
• Billings Clinic and St. Vincent Healthcare
• Downtown Billings restaurants, shops, and services
• North Park green space
• Major routes including I-90 and 27th Street
This central location makes the complex an attractive home base for medical professionals, working residents, or long-term tenants seeking security, style, and convenience. Investment Highlights
• Turnkey asset with modern construction—minimal capital improvements needed
• Strong upside with potential for rental increases in a supply constrained market
• Established rental history and low vacancy trends
• Appealing to both investors and 1031 exchange buyers

PROPERTY HIGHLIGHTS
Eight total units across four duplex buildings
Modern floor plans with contemporary finishes
Central air conditioning and heating in every unit
Attached garages offer added convenience and storage
Secured access with gated entry and security camera system
Professionally landscaped grounds with low-maintenance appeal
Well-maintained interiors and exteriors

OFFERING SUMMARY
Sale Price: $1,900,000
Number of Units: 8
Building Size: 12,680 SF
Lot Size: 28,000 SF
Price / SF: $149.84 PSF

VIRTUAL TOURS
828 N 16TH ST: https://my.matterport.com/show/?m=RcmkdHWKUGE
826 N 16TH ST: https://my.matterport.com/show/?m=9Yb7qfz5m9z
818 N 16TH ST: https://my.matterport.com/show/?m=AR4487wvrKs