Investment opportunity with many possibilities! Own a piece of Helena history while generating steady rental income. Located in the sought-after Mansion District, this classic Victorian has been converted into a fourplex, offering flexibility for both investors and owner-occupants. Rent all four units for maximum income, or easily combine two of the units to create a spacious owner's residence while leasing the remaining two units to help offset your mortgage. Residents will appreciate the unbeatable location, just minutes from all that downtown Helena has to offer, including shopping, dining, entertainment, and trails. Each unit is separately metered, with the owner covering water service. Off-street parking is available in the rear, and the generously sized lot also presents exciting potential for future infill development. With a strong rental history—including one long-term tenant of more than a decade—this well-maintained property offers dependable income today and exciting opportunities for tomorrow. Whether you're expanding your investment portfolio, seeking an owner-occupied income property, or exploring future development potential, this timeless Helena Victorian is ready to deliver.
An exceptional investment opportunity in the heart of Helena! This well-maintained 4-plex has been owned by the same investor since 1980, reflecting decades of pride in ownership and consistent care. Built in 1976, all four units are 2 bedroom/1 bath and have been thoughtfully updated with modern kitchens and remodeled bathrooms, and all new windows, making this a truly turnkey income property. Each apartment offers comfortable living with washer and dryer hookups, dedicated storage units, and off-street parking with electrical outlets for added convenience. The beautifully landscaped grounds feature expansive front and back lawns, underground sprinklers, and mature landscaping that enhance both curb appeal and tenant enjoyment. Located in a desirable Helena neighborhood with strong rental demand, this property offers an excellent opportunity for investors seeking a quality multifamily asset with a proven rental history. Whether you're looking to expand your portfolio or acquire a well-cared-for income-producing property, this updated 4-plex is one you won't want to miss.
Calling all investors and rehabbers — this is a rare chance to acquire two separate city lots (approximately 0.32 acres combined) in one transaction, offering both rental potential and future development flexibility. Main floor unit offers 2 bedrooms (1 non-conforming), 1 bath. Unit 2 is located on the second floor and includes 1 bed, 1 bath.
Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this well-maintained four-plex offers a fantastic opportunity with a proven rental history and dependable cash flow. Featuring three 1-bedroom, 1-bath units and one studio 1-bath unit, the property appeals to a variety of tenants while maintaining strong occupancy and consistent rental income. Situated on a quiet street in a desirable downtown location, residents enjoy the convenience of being just minutes from shopping, restaurants, parks, trails, and local amenities while still appreciating a peaceful neighborhood setting. The property also offers a mix of on and off-street parking for tenants and a shared laundry area in the basement. This income-producing property combines consistent rental performance with a sought-after location, making it an excellent addition to any investment portfolio.
Back on market at absolutely no fault of the property!! Completed in 2019, this newer construction fourplex presents a rare opportunity to acquire a low maintenance multifamily asset with immediate income and future upside potential. Designed with tenant retention and operational efficiency in mind, each unit offers attractive finishes, functional floor plans, in unit laundry, PTAC air conditioning, and detached garages with automatic openers. The property has historically maintained low to virtually no vacancy and offers immediate income stability with all units leased. Current rents remain below prevailing market rates, providing investors the opportunity to increase future cash flow and net operating income over time. Owner expenses remain low with all Northwestern Energy electric service individually metered to tenants. Established landscaping and underground sprinklers further reduce maintenance demands, while a neighboring tenant currently provides lawn care and snow removal for walkways at a nominal cost, an arrangement that may be available to continue following closing. Lease agreements, financial information, pro formas, and additional due diligence materials are available for qualified buyers. Opportunities to acquire a newer fourplex with strong occupancy history, low operating costs, and built in rental upside at this price point rarely come available. Whether you plan to self manage or utilize professional management services, this property offers the operational simplicity and efficiencies investors seek in today's market.
Modern and stylish Tri-Plex, this urban condo building is a trendy haven boasting 3 - 2 bedroom and 2.5 bath Units. With its sleek design encompassing 1,380 square feet each offering the perfect blend of comfort and sophistication. Nestled within the city limits, this prime location allows for easy access to shopping, lakes, skiing, and even the airport. The open floor plan creates a seamless flow between living spaces, making it ideal for entertaining or simply enjoying everyday life. Step outside onto your private back porch and soak in the vibrant energy of the surrounding views. Don't miss out on this exceptional opportunity to live in style and convenience!
A solid multifamily addition to any portfolio, located in a walkable Helena location near downtown. This fourplex includes three 1-bedroom/1-bath units plus a studio apartment, offering a tenant mix that draws steady demand from singles and young professionals seeking affordable, well-located housing. What sets this property apart is the lot itself — significantly larger than typical for a fourplex in this area, giving an owner room to add parking, storage, outdoor tenant space, or explore future value-add potential. For investors thinking beyond day-one cash flow, that extra land is real optionality. This fourplex benefits from a location close to downtown Helena and the Mount Ascension trailhead — a combination that consistently supports strong occupancy and tenant retention in this submarket. A straightforward, manageable unit mix combined with lot size upside makes 701 1st Street a compelling buy for an investor looking to grow their Helena multifamily holdings.
Strong multifamily opportunity in one of Helena's most walkable locations. This well-configured fourplex offers three 2-bedroom/1-bath units and a studio, giving an investor a diversified tenant mix that appeals to both singles and small households. Each unit is individually metered and the layout supports straightforward management.The 4-car garage is a standout feature in this price range — each tenant receives dedicated garage storage, a genuine amenity that supports tenant retention and justifies premium rents. The basement provides individual washer/dryer hookup areas for each unit, eliminating shared laundry friction and adding convenience that today's renters expect.Location is a legitimate differentiator here. The property sits within walking distance of downtown Helena's shops, dining, and employment, and is steps from the Mount Ascension trailhead — a daily-use amenity that Helena renters actively seek. Properties that combine walkable urban access with outdoor recreation proximity are consistently in demand and hold occupancy well.Whether you're adding to an existing portfolio or stepping into your first income property, 700 1st Street offers a ready-to-perform asset with built-in amenities that keep tenants longer and vacancy lower.
Private 10.85-acre retreat just 6 minutes from Canyon Ferry Lake. This versatile property can function as a single-family home, multi-generational residence, or income-producing opportunity with separate upstairs and downstairs living spaces. Enjoy a spacious primary suite with ensuite bath and dressing room, plus a covered wraparound deck and patio surrounded by trees for added privacy. A detached 4-car garage includes an insulated, heated workshop. Recent updates include siding, windows, and a metal roof (2013), along with new decking and railings (2025). Bring your boots and explore the property’s highest point for stunning panoramic views.
Excellent investment opportunity in the heart of Helena! This well-located duplex features two 2-bedroom, 1-bath apartments, each with its own one-car garage space. Ideally situated between the Capitol Building and downtown Helena, the property offers convenient access to schools, restaurants, shopping, and all the amenities the city has to offer. With a strong long-term rental history, this property is perfect for investors seeking reliable income potential or buyers looking to owner-occupy while generating rental income from the second unit. A rare opportunity to own a versatile multi-family property in a highly desirable location!
Perfect for investors or owner-occupants alike, this well-maintained duplex offers two thoughtfully designed 3 bed/2.5 bath units in a convenient central Helena location with a strong rental history. Each unit features an open-concept floor plan with modern finishes and a warm, neutral color palette that appeals to a wide range of tenants and buyers. Stylish kitchens are appointed with granite countertops, stainless steel appliances, ample cabinetry, and spacious pantries, while the main level also includes a convenient half bath and direct access to the private backyard—perfect for entertaining or enjoying Montana’s beautiful scenery. Upstairs, each unit offers three comfortable bedrooms, including a spacious primary suite with ensuite bath, plus two additional bedrooms, a full bathroom, and conveniently located laundry. Single-car attached garages provide added convenience and storage. Private backyards showcase beautiful mountain views, creating a peaceful retreat while still being close to shopping, dining, schools, and outdoor recreation. An exceptional opportunity to own an income-producing property in the heart of Helena!
Charming Craftsman style home that could be used as a single family home or rent out the upstairs and use it as a duplex! The main level features three bedrooms and a full bathroom. Enjoy an open living and dining area, along with a spacious kitchen featuring tall ceilings and ample storage. The unfinished basement offers additional space, including laundry, tons of storage, a workshop area, and a non-conforming bedroom. Upstairs, you'll find a one-bedroom apartment with a separate entrance through the back mudroom, which also provides access to the backyard. Both units have a strong rental history, making this a great opportunity for investors or owner-occupants. The exterior showcases a fully fenced, beautifully maintained yard with raised garden beds, mature landscaping, lush grass, and two decks for outdoor living. Additional features include a detached one-car garage with alley access and extra off-street parking. A true gem in the heart of Helena.
Four garden-level triplex condominiums available for sale as a package. These 12 units were constructed in 2023 and are fully leased with management in place. Each unit features two bedrooms, a single-car garage, and in-unit washer and dryer. The units are nearly identical in layout and size, with the exception of an extra half bath in the center units. The location is perfect for residents; Costco is just across the street, employment is a quick drive away, and access to the site is easy and convenient. The condo structure offers flexibility - you can hold and lease, sell units individually, or a mix of both. Helena continues to face a strong demand for housing, invest in these brand new units today.
Multifamily property for sale with a 6.1% cap rate. The property has 10 residential units, built in 2024 & 2025 by a respected local builder. Located in the South Hills just minutes from major employers such as St. Pete's Hospital and the state Capitol Complex. The property has great features for an owner - separately metered utilities, hardy finishes, and a desirable location. For a tenant, each unit has an attached garage, main floor kitchen and living room with 9' ceilings, private patio with great views, in-unit laundry, 3 bedrooms, and 2.5 baths. Lastly, the property has a fenced yard for pets, and an asphalt parking lot. Gross building area of 19,300 square feet among the 3 structures, gross living area of 15,540 square feet. Add this stable asset to your portfolio in the capital city of Helena, Montana. Please inquire for rent roll and pro forma.
Well-maintained, fully rented four-plex in central Helena: including a main-floor 3-bedroom, 2-bath unit with a non-conforming bonus room, natural gas fireplace, and tuck-under garage. One lower-level unit was recently remodeled and includes a heated garage and natural gas fireplace. Shared coin-op laundry. Roof recently replaced. Four covered parking spaces. One gas meter and four electrical meters.
Three properties in one! 2,000sqft home, 600sqft apartment, and 1,200sqft office/work space. Live or work in one (OR BOTH) and rent the remaining. Conveniently located out of city limits with fabulous exposure for a business with ample parking. There are minimal county restrictions on use and no HOA. The main house is a single level home with 3 bedroom / 1 ¾ bath, large kitchen and separate dining room, and some hardwood floors. The apartment has 2 beds / 1 bath with W/D hook ups. The office/shop space has a 200sqft room for an office or storage and is well lite and insulated. The shingles were replaced about 8 years ago. The appliances are all within 8 years, with some newer. The well pump and water heater are new this year. There is a watered and fenced garden plot and a 10x16 shed.
Helena is located in Montana. Helena, Montana has a population of 32,060. Helena is less family-centric than the surrounding county with 29.38% of the households containing married families with children. The county average for households married with children is 29.88%.
The median household income in Helena, Montana is $59,712. The median household income for the surrounding county is $66,486 compared to the national median of $69,021. The median age of people living in Helena is 39.9 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 13.8 degrees. The average rainfall is approximately 12.6 inches per year, with 42.1 inches of snow per year.
