407 Madison Avenue

Helena, MT 59601

About this property

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 historyincluding one long-term tenant of more than a decadethis 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.

About this property

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 historyincluding one long-term tenant of more than a decadethis 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.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$675,000 Active
3,500 sqft

Presented By Coldwell Banker Distinctive Properties Telluride

Agent Image
Get in touch today! Phone: 1-970-728-4454
Brokerage
Keller Williams Capital Realty
1-406-449-2181
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

| Lewis and Clark County |

$ 675,000
This listing is play_arrow 50.0% higher than the average in the area
$ 449,900 in the area
3,500 SqFt
This listing is play_arrow 178.9% larger than the average in the area
1,255 SqFt in the area
$ 193 $/SqFt
This listing is play_arrow 46.2% less than the average in the area
$ 358 $/SqFt in the area
31 days on site
This listing is play_arrow 77.9% below the average in the area
140 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Want to See More Listings in the Area?

Listed By Jeff Barber
Brokerage: Keller Williams Capital Realty

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Distinctive Properties Telluride

By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Distinctive Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains