1611 Cedar Street, Helena, MT 59601
Lewis and Clark County
Key Facts
Description
Excellent investment opportunity in Helena with a proven track record of stable occupancy. This well-maintained commercial property features four rental units generating strong monthly income, with tenants who would prefer to remain in place. The property has maintained full occupancy for the past six years and offers a convenient location just two blocks from the interstate with a large parking lot providing easy access and ample parking for tenants and customers. Numerous recent capital improvements make this a true turnkey investment, including commercial-grade laminate flooring throughout all units, fresh interior paint completed within the last three years, exterior painted in 2022, updated electrical service with three 240-volt services completed within the past two years, new 95% high-efficiency furnaces with central air conditioning installed in 2023 and 2024, solar panels added in 2024, a new water heater in 2023, and new toilets in all units over the past three years. The roof was replaced in approximately 2016 and remains in good condition. With consistent rental history, quality updates, and a desirable Helena location, this is an outstanding opportunity for investors seeking reliable cash flow and long-term value.
Property Information
Property Type
Commercial Sale
Year Built
1951
Living Area
3,678 sq ft
Lot Size
0.23 acres
Parking Spaces
18
Zoning
Commercial
MLS® Listing#
30074360
Property Features
Cooling
Heating
Basement
Parking
Lot Features
Roof
Utilities
Sewer
Financial Details
Annual Taxes
$7,260
Tax year 2025
Parcel Number
05188820325340000
Directions
Google will take you there. 2 blocks West of Cedar St off ramp, South side of Cedar, next to Tire Rama
Affordability Calculator
$149,800
Estimated monthly payment
$3,986/mo
Principal $599,200 · Est. interest $835,937 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Helena, MT
- $548,750
- Median Listing Price
- 52
- Median Days on Market
- 2,197
- Median Sq Ft
- $269
- Median Price / Sq Ft
- 241
- Active Listings
- This home’s price is 36% above the area median.
- Its price per sq ft is 24% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Helena, MT.
Location
- 1611 Cedar Street, Helena, MT 59601
Points of Interest in Helena, MT
Showing the Helena area map.
Nearby Schools
Central School
Elementary · 0.3 mi away
Helena College of Technology Welding Lab
School · 0.6 mi away
Bryant Elementary School
Elementary · 0.7 mi away
Helena High School
Secondary · 0.8 mi away
Childrens Garden Preschool
School · 1.0 mi away
Helena Middle School
Secondary · 1.0 mi away
Capital View Christian School
School · 1.2 mi away
Four Georgians Elementary School
Elementary · 1.3 mi away
Monarch Mountain Montessori
Elementary · 1.4 mi away
Smith Elementary School
Elementary · 1.5 mi away
Mhsa - Montana High School Association
Secondary · 1.6 mi away
Central Elementary School
Elementary · 1.6 mi away
Broadwater Elementary School
Elementary · 1.6 mi away
Jefferson Elementary School
Elementary · 1.6 mi away
First Lutheran Church and School
School · 1.7 mi away
Green Arts Montessori
Elementary · 1.7 mi away
Capital High School
Secondary · 1.8 mi away
Hawthorne Elementary School
Elementary · 1.9 mi away
Mountainside Montessori
Elementary · 1.9 mi away
Capital City Consultants
School · 1.9 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 |
|---|---|---|---|---|
| 1414 Cherry Avenue, Helena, MT | $525,000 | — | — | — |
| 3883 Lovegrass Lane, Helena, MT | $525,000 | 3 | 2 | 1,849 |
| 1527 Mineral Road, Helena, MT | $525,000 | 4 | 3 | 3,016 |
| 940 Expedition Trail, Helena, MT | $525,000 | 3 | 3 | 1,794 |
| 707 Highland Street, Helena, MT | $535,000 | 3 | 2 | 1,834 |
| 321 S Sanders Street, Helena, MT | $539,900 | 4 | 3 | 2,460 |
Moving Cost Estimate
EXIT Agents in Helena
Listing Courtesy: Big Sky Brokers, LLC - 4064431300
Presented by: Tish Marr
Last Updated: 2026-07-07