701 1st Street, Helena, MT 59601

Helena
Local realty services provided by:ERA Lambros Real Estate
701 1st Street,Helena, MT 59601
$730,000
  • - Beds
  • - Baths
  • 3,392 sq. ft.
  • Multi-family
  • Active
Listed by: joseph m mueller, josh lafromboise
Office: re/max of helena
MLS#:30071915
Source:MT_NMAR

Price summary

  • Price:$730,000
  • Price per sq. ft.:$215.21

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:30071915
  • Added:45 day(s) ago
  • Updated:August 04, 2026 at 02:11 PM

Rooms and interior

  • Kitchen Description:Range, Refrigerator
  • Living area:3,392 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1920
  • Building area:3,392 sq. ft.
  • Lot area:1.14 Acres
  • Foundation Description:Poured, Stone

Finances and disclosures

  • Price:$730,000
  • Price per sq. ft.:$215.21
  • Tax amount:$4,999 (2025)

Features and amenities

  • Appliances:Range, Refrigerator
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