Back on market! No fault to the home. Inspection notice in hand. Welcome to this affordable and well-maintained 5-bedroom, 2-bathroom property located in the Lockwood area. Situated on a generously sized lot, this home offers a rare combination of interior space and outdoor flexibility, making it an excellent opportunity for a wide range of uses. Inside, the home features a functional and versatile floor plan with multiple bedrooms that can easily accommodate a variety of needs such as home offices, hobby spaces, guest rooms, or additional storage. The living areas provide comfortable space for everyday living, while the layout allows for both privacy and convenience throughout the home. Step outside to enjoy the large lot, which opens the door to numerous possibilities. Whether you're interested in gardening, outdoor recreation, adding outbuildings (buyer to verify), or creating your own personalized outdoor retreat, this property provides the space to make it happen. The lot also offers the potential for keeping chickens or pursuing a hobby farm-style setup, depending on local allowances.
Single-familyProperty Type
1942Year Built
0.86 acresLot Size
$98Price/Sq.Ft.
1 car garageParking
Listed by Brenda Mills• Keller Williams Yellowstone Pr
Est. $2,894 per month, based on comparable rentals
Sale and tax history for 48 Maier Rd
Sale History
Tax History
Date
Event
Price
Public Records
May 13, 2026
Sold
—
BMTMLS #358158
May 13, 2026
Sold
—
Apr 30, 2026
Contingent
—
Apr 16, 2026
Relisted
—
Apr 16, 2026
Price Changed
$309,000
$98/sq ft
Mar 26, 2026
Contingent
—
Mar 19, 2026
Listed
$299,000
$95/sq ft
Public Records
Sep 23, 2016
Sold
—
BMTMLS #262946
Sep 23, 2016
Sold
—
Jun 9, 2016
Listed
$180,000
$57/sq ft
+2
Huge attic space that could be converted to liveable space. Charming house - great place to raise a family - perfect yard for pets, gardening or BBQ's.
Public Records
May 14, 2004
Sold
—
Public Records
Jul 15, 2003
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$2,707 (−22.1%)
$61,547 + $266,253
$327,800
2024
$3,477 (+0.8%)
$61,547 + $266,253
$327,800
2023
$3,448 (+10.8%)
$53,840 + $231,060
$284,900
2022
$3,112 (+1.8%)
$53,840 + $231,060
$284,900
2021
$3,058 (+3.2%)
$40,827 + $176,173
$217,000
2020
$2,961 (−1.4%)
$40,827 + $176,173
$217,000
2019
$3,004 (+1.8%)
$45,701 + $163,799
$209,500
2018
$2,949 (+17.6%)
$45,701 + $163,799
$209,500
2017
$2,507 (+16.8%)
$48,375 + $141,425
$189,800
2016
$2,146 (+28.0%)
$48,375 + $141,425
$189,800
2015
$1,676 (+23.7%)
$55,125 + $103,275
$158,400
2014
$1,355
$55,125 + $103,275
$158,400
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.86 Acres
Year renovated
1985
Sq. Ft.
2,076
Year built
1942
Style
Single Family Residential
County
Yellowstone County
APN
03-1033-35-1-23-01-0000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
N4
Large Lot Suburban Neighborhood Residential District
The N4 district is intended for large lot residential neighborhoods primarily with single-family homes. Characteristics include wide, large lots and attached garages often located on the front building façade. Regulations include basic setback and height parameters.
Permitted uses
Include but are not limited to:
Housing-Group
Educational/school
Property details
Parking
Parking/Garage Information
# of Covered Spaces: 1
Has Garage
# of Garage Spaces: 1
Has Carport
Parking Features: Carport, Detached
Interior
Virtual Tour
Bedroom Information
Main Level Bedrooms: 3
Bathroom Information
# of Full Bathrooms: 2
# of Main Level Bathrooms: 2
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Natural Gas, Forced Air
Interior Features
Appliances: Dishwasher, Oven, Range, Refrigerator
Room Information
Has Basement
Basement Details: Full
Exterior
Exterior Features
Fencing: Fenced
Building Information
Above Grade Finished Area: 1,572
Levels: One
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Size Acres: 0.861
Zoning Description: Residential 9600
Financial
Tax Information
Tax Annual Amount: $2,707
Utilities
Utility Information
Water Source: Public, Well
Sewer: Septic Tank
Location
Schools Information
Elementary School: Lockwood
Middle Or Junior School: Lockwood
High School: Lockwood
Location Information
Subdivision Name: Peters Tracts
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,076
Stories: 1.0
Lot Size: 0.86 acres
Style: Single Family Residential
Year Built: 1942
Year Renovated: 1985
County: Yellowstone County
APN: 03-1033-35-1-23-01-0000
Home facts updated by county records on Aug 19, 2026
Other
Listing Information
List AOR: BillingsAssociationOfRealtors
AttributionContact: 406-200-3198
Around this home
Schools
Lockwood Primary School
Public PreK-2 • Assigned • 0.5mi
Lockwood Middle School
Public 6-8 • Assigned • 0.5mi
3/10
Lockwood High School
Public 9-12 • Assigned • 0.5mi
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
12% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Billings, MT • 59101
Average low and high temperatures (°F)
38
22
37
17
54
32
57
36
69
46
75
52
85
59
85
59
80
53
64
41
48
30
45
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 3.8 hours in December, which is comparable to the
U.S. average for solar exposure.
10.2 hrs
3.8 hrs
JuneDecember
Provided by Shadowmap
Sell confidently with a local market expert in Billings.