420 Lordwith DR, Billings, MT 59102
420 Lordwith DR, Billings, MT 59102
420 Lordwith DR, Billings, MT 59102
17
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Listed by Lukas Seely Century 21 Americana
$5,450,000
Est. payment /mo
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23,760 SqFt
Active

420 Lordwith DR Billings, MT 59102

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Tammie Hoelle

Tammie Hoelle

+1(406) 697-2576

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 23,760 sqft

Price per Sqft $229

Subdivision Witherup

MLS Listing ID 358713

Construction Status Resale

HOA Y/N No

Year Built 1959

Annual Tax Amount $9,839

Lot Size 0.545 Acres

Acres 0.5455

Property Sub-Type Business

Property 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

State MT

County Yellowstone

Area (06) Downtown

Zoning Mixed Residential 2

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Common, Parking Lot

Water Access Desc Public

Roof Type Asphalt,Shingle

Present Use Multi-Family

Building

Lot Description Alley, Sprinklers In Ground

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Resale

Others

Tax ID A18622

Virtual Tour https://www.propertypanorama.com/instaview/bmt/358713

NEARBY SCHOOL & BUSINESS

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Tammie Hoelle

Tammie Hoelle

Broker | License ID: tammieh125

+1(406) 697-2576

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420 Lordwith DR