701 1st Street, Helena, MT 59601
Lewis and Clark County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1920
Living Area
3,392 sq ft
Lot Size
1.14 acres
Days on Market
12
MLS® Listing#
30071915
Property Features
Appliances
Heating
Basement
Foundation
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$4,999
Tax year 2025
Parcel Number
05188831426150000
Directions
South on Montana, West on Broadway, South on Beattie, East on 1st Street
Affordability Calculator
$146,000
Estimated monthly payment
$3,885/mo
Principal $584,000 · Est. interest $814,732 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Helena, MT
- $546,341
- Median Listing Price
- 50
- Median Days on Market
- 2,173
- Median Sq Ft
- $267
- Median Price / Sq Ft
- 248
- Active Listings
- This home’s price is 34% above the area median.
- Its price per sq ft is 19% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Helena, MT.
Location
Getting Around
Points of Interest in Helena, MT
Showing the Helena area map.
Nearby Schools
Jefferson Elementary School
Elementary · 0.4 mi away
Mhsa - Montana High School Association
Secondary · 0.5 mi away
Capital City Consultants
School · 0.5 mi away
Mountainside Montessori
Elementary · 0.5 mi away
Green Arts Montessori
Elementary · 0.5 mi away
Central Elementary School
Elementary · 0.7 mi away
Helena Middle School
Secondary · 1.1 mi away
Hawthorne Elementary School
Elementary · 1.1 mi away
Helena High School
Secondary · 1.2 mi away
Childrens Garden Preschool
School · 1.2 mi away
Bryant Elementary School
Elementary · 1.4 mi away
First Lutheran Church and School
School · 1.4 mi away
Smith Elementary School
Elementary · 1.5 mi away
Central School
Elementary · 1.8 mi away
Broadwater Elementary School
Elementary · 1.8 mi away
C R Anderson Middle School
Secondary · 1.8 mi away
Helena College of Technology Welding Lab
School · 2.2 mi away
St Andrew School
Secondary · 2.4 mi away
Four Georgians Elementary School
Elementary · 2.5 mi away
Capital High School
Secondary · 2.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1055 Cardinal Loop, Helena, MT | $515,000 | 3 | 3 | 2,236 |
| 1208 Highland Street, Helena, MT | $519,000 | 4 | 2 | 2,202 |
| 2753 Favor Loop, Helena, MT | $519,900 | 3 | 3 | 1,946 |
| 1339 Buffalo Road, Helena, MT | $520,000 | 4 | 2 | 2,110 |
| 3562 Strandberg Drive, Helena, MT | $520,000 | 4 | 2 | 2,240 |
| 1414 Cherry Avenue, Helena, MT | $525,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Helena
Listing Courtesy: RE/MAX Of Helena - 4064421900
Presented by: Joseph M Mueller
Last Updated: 2026-06-19