About 2517 Arnold Lane
Turnkey tri-income property directly across from Lillis Park. Three separate rental streams generating $5,455/month ($65,460 annually) with all units leased at market rents. The main residence (1,529 sq ft | 3BD/2BA) and basement apartment (1,233 sq ft | 2BD/1BA) were completely rebuilt to the studs in 2025 — new LVP flooring, stainless appliances, and new roof. The detached ADU (960 sq ft | 2BD/2BA), completed in 2026, features a private patio and dedicated parking. All three units enjoy off-street parking on a 16,500 sq ft lot with freshly landscaped grounds and new asphalt parking added in 2026. Cap rate approaching 6% at list price. Zero deferred maintenance. Immediate returns. Rent Rolls available on request and signed NDA
Features of 2517 Arnold Lane
| MLS® # | 360288 |
|---|---|
| Price | $826,533 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Acres | 0.38 |
| Year Built | 1950 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 2517 Arnold Lane |
|---|---|
| Area | (08) West Billings |
| Subdivision | NA |
| City | Billings |
| County | Yellowstone |
| State | MT |
| Zip Code | 59102 |
Amenities
| # of Garages | 1 |
|---|---|
| Garages | Attached |
Interior
| Appliances | Dishwasher, Disposal, Gas Range, Microwave, Oven, Range, Refrigerator |
|---|---|
| Heating | Forced Air, Gas |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | Two |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Lot Description | Landscaped |
|---|---|
| Roof | Asphalt |
| Construction | Hardboard |
School Information
| Elementary | Burlington |
|---|---|
| Middle | Will James |
| High | West |
Listing Details
| Office | Century 21 Americana |
|---|---|
| Office Phone | 406-294-2121 |
| Contact Info | 406-794-6465 |