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240 Terry Avenue, 
Billings, MT 59101

$345,000

—

Bed

—

Bath

1,702

Sq Ft

Single Family

Virtual Tour

Active

Listed by

Heidi Brosovich

Montana Real Estate Brokers

406-869-2000

Last updated:

June 7, 2026, 01:20 PM

MLS#

359312

Source:

MT BAR

About This Home

240 Terry Avenue

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

Home Facts

Single Family

Built in 1919

Price Summary

345,000

$202 per Sq. Ft.

MLS #:

359312

Last Updated:

June 7, 2026, 01:20 PM

Added:

a month ago

Rooms & Interior

Interior

Living Area:

1,702 Sq. Ft.

Structure

Structure

Year Built:

1919

Lot

Lot Size (Sq. Ft):

7,000

Finances & Disclosures

Finances

Price:

$345,000

Price per Sq. Ft:

$202 per Sq. Ft.

Source:MT BAR
The information being provided by Billings Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Billings Association Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.