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312 S 31st Street, 
Billings, MT 59101

$250,000


3

Beds


Bath


1,816

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Shawn Johnston

Keller Williams Yellowstone Properties

406-655-0005

Last updated:

April 3, 2026, 03:33 PM

MLS#

358139

Source:

MT BAR

About This Home

312 S 31st Street

What if $250,000 could get you not one home, but 3 with 4 total living spaces? Investors, flippers, and savvy owner-occupants stop scrolling. Currently producing income, this unique setup offers 4 separate living spaces, 3 houses, giving multiple ways to create cash flow, day one. It’s a little rough around the edges. But that’s exactly where the opportunity is. Live in one and let the others help offset your payment. Rent all four and explore the upside. Improve the finishes over time and unlock even more value. Opportunities like this do not come around often: Main front unit: 1 bed, 1 bath, living room, dining area, washer/dryer hookups Upper apartment: Efficiency kitchen Detached studio: full bath and kitchen Detached 1-bed: 1 bed, 1 bath, eff. kitchen If you’ve been waiting for a property with income now and upside later, this one is worth seeing before everyone else does.

Home Facts

Single Family

3 Bedrooms

Built in 1920

Price Summary

250,000

$137 per Sq. Ft.

MLS #:

358139

Last Updated:

April 3, 2026, 03:33 PM

Added:

24 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Full Bathrooms:

4

Interior

Living Area:

1,816 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Year Built:

1920


Lot

Lot Size (Sq. Ft):

3,484


Finances & Disclosures

Finances

Price:

$250,000

Price per Sq. Ft:

$137 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.