14 beds14 baths5,600 sqft$145/sqft
405 Roxy Lane, Billings, MT 59105
Est: $4,636/moGet pre-approved

Description

5-plex investment opportunity in Billings Heights near Lake Elmo. Property consists of five 2 bed, 1 bath units, each approximately 1,120 sq ft, offering consistent rental demand. Current rents range from $1,050–$1,200 with strong income potential and room for future growth. Situated on a corner lot with additional parking, underground sprinklers, storage, and deck/patio features. Utilities include public water and sewer with electric baseboard heat. Well-located near schools, shopping, and amenities....5-plex investment opportunity in Billings Heights near Lake Elmo. Property consists of five 2 bed, 1 bath units, each approximately 1,120 sq ft, offering consistent rental demand. Current rents range from $1,050–$1,200 with strong income potential and room for future growth. Situated on a corner lot with additional parking, underground sprinklers, storage, and deck/patio features. Utilities include public water and sewer with electric baseboard heat. Well-located near schools, shopping, and amenities. Solid opportunity for investors seeking a stable asset in a desirable area.
LISTING UPDATED: 06/26/2026 10:19 AM

  1. Listed by Brian Lang • Century 21 Americana
    P: (406)-860-6881 C: (406)-860-6881 brian@candhpropertyrentals.com

Property Details for 405 Roxy Lane

Status
MLS #
358515
Days on Market
80
Taxes
$6,224 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1982
Lot Size
0.28 AC / 12,032 SF
County
Yellowstone County
Subdivision Name
Superior Homes
Zoning Description
Mixed Residential 1

Location

Listing Courtesy of Century 21 Americana
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Building Information for 405 Roxy Lane

Stories2Residences7Year Built1982Building Size-Lot Size0.28 AC / 12,032 SF

Payment Calculator

$4,636 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,117

Property Taxes

$519

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 405 Roxy Lane

Summary
Location and General Information
  • Latitude: 45.835969
  • Longitude: -108.476017
  • MLS Area Major: (01) Billings Heights (West of Main)
  • MLS Area Minor: 1
Taxes and HOA
  • Parcel Number: C01458
  • Tax Annual Amount: $6,224.00
School Information
  • Elementary School: Bench
  • High School: Skyview
  • Middle Or Junior School: Medicine Crow
Parking
  • Parking Features: Additional Parking
  • Parking Total: 5.0
Virtual Tour
Property
Lot Information
  • Lot Features: Corner Lot, Landscaped
  • Lot Size Acres: 0.2762
  • Lot Size Square Feet: 12032.0
Property and Assessments
  • Above Grade Finished Area: 5600.0
  • Living Area: 5600.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1982
Building Features
  • Construction Materials: Masonite
  • Levels: Two
  • Roof: Asphalt, Shingle
  • Stories: 2
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Storage
  • Patio And Porch Features: Deck, Patio
Interior Features
  • Has Cooling: No
  • Heating: Baseboard, Electric
  • Has Heating: Yes
  • Laundry Features: Washer Hookup
Multi Family
Multi Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Gross Income: $64,800
  • Insurance Expense: $6,928
  • Net Operating Income: $50,300
Unit Information
Unit 1
  • Actual Rent: $1,100.00
  • Baths Total: 2
  • Beds Total: 2
Unit 2
  • Actual Rent: $1,100.00
  • Baths Total: 2
  • Beds Total: 2
Unit 3
  • Actual Rent: $1,050.00
  • Baths Total: 2
  • Beds Total: 2
Unit 4
  • Actual Rent: $1,100.00
  • Baths Total: 2
  • Beds Total: 2
Unit 5
  • Actual Rent: $1,115.00
  • Baths Total: 2
  • Beds Total: 2
Unit 6
  • Actual Rent: $115.00
  • Baths Total: 2
  • Beds Total: 2
Unit 7
  • Actual Rent: $1,200.00
  • Baths Total: 2
  • Beds Total: 2

Property History for 405 Roxy Lane

DateEvent & SourcePriceAppreciation
Jun 26, 2026

Price Change

Billings Multiple Listing Service #358515

$810,000
Apr 7, 2026

Listed (Active)

Billings Multiple Listing Service #358515

$825,000
DateEvent & SourcePrice
06/26/2026

Price Change

Billings Multiple Listing Service #358515

$810,000
04/07/2026

Listed (Active)

Billings Multiple Listing Service #358515

$825,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 405 Roxy Lane

This home is within Billings High School.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Bench Elementary School
PublicPK to 5

Medicine Crow Middle School
Public6 to 8

Skyview High School
Public9 to 12

Billings Multilingual Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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405 Roxy Lane is a multi-family home for sale in Billings, MT 59105. This property was listed for sale on April 7, 2026 by Century 21 Americana, it's currently listed at $810,000. This listing's school districts are Billings Elementary School District, Billings High School. Nearby schools include Bench Elementary School, Medicine Crow Middle School and Skyview High School. 405 Roxy Lane is a 14-bed, 14-bath, 5,600 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Americana

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