Multi Family Home

407 Madison Avenue

Helena, MT 59601

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ActiveMLS® 30075490
$630,000
407 Madison Avenue, Helena, MT 59601
Bds Ba 3,500 Sq.Ft. 0.172 Ac
Description

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 for electricity, with the owner covering the water and gas utilities. 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.

Exterior and Construction
  • Construction Stone
Land and Lot
  • Lot size 0.172 acres (7,492 sq ft)
  • Lot description See Remarks
Location and Zoning
  • Zoning description R-3
  • County Lewis and Clark
  • Neighborhood Euclid Ave South
Schools
  • School District Helena High School District
Tax and Legal
  • Annual tax $4,039.89
  • Tax year 2025
  • Parcel number 05188725425050000
  • Legal description STOREY, S25, T10 N, R04 W, BLOCK 22, Lot 3

Listing Information

Listing Agent
Jeff Barber
Listing Office
Keller Williams Capital Realty
MLS logo

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