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242 Hemlock Drive, 
Billings, MT 59101

$225,000

—

Bed

—

Bath

-

Sq Ft

Single Family

Active

Listed by

Shawn Johnston

Keller Williams Yellowstone Properties

406-655-0005

Last updated:

July 17, 2026, 03:19 PM

MLS#

360131

Source:

MT BAR

About This Home

242 Hemlock Drive

Pick up some mailbox money with this cashflow property in Lockwood. Currently offering an approximate cap of 8.4%. This property provides a simple 2 house rental opportunity including a 2bed 1 bath house and a 1 bed 1 bath mobile. Both units are currently rented with renters wishing to remain. Located on a secluded street in the middle of Lockwood this is your chance to add a strong rental property to your portfolio.

Home Facts

Single Family

Built in 1958

Price Summary

225,000

MLS #:

360131

Last Updated:

July 17, 2026, 03:19 PM

Added:

a month ago

Structure

Structure

Year Built:

1958

Lot

Lot Size (Sq. Ft):

10,659

Finances & Disclosures

Finances

Price:

$225,000

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.