420 Lordwith Drive, Billings, MT

House

For Sale

Listed price in listed location currency (USD).

$5,450,000

000

MLS® 358713

Overview

Key Facts

Type Business

Levels Commercial Sale

Size 23760 sqft

Garage

Taxes $9,839

Days Active 0

Lot Size

Approx. Age 1959

Avg. Price Per Sqft $229

MLS® Number 358713

Property Address: 420 Lordwith Drive, Billings, MT, 59102

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number358713

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1959

Basement

DrivewayCommon, Parking Lot

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 14, 2026List Date

$5,450,000List Price

Map

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