Butte Duplex with Historic
205 N Excelsior Avenue Butte, MT 59701
205 N Excelsior Avenue, Butte, MT, 59701
$395,000
For Sale
$395,000
MULTI_FAMILY - Butte, MT
Property Size4,890 SF
Lot Size0.07 Acres
Price / SF$80.78
Days on Market146
Property Features for 205 N Excelsior Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Rooms
- Basement
- Parking features
- Offsite
- Patio and Porch features
- Porch
- Interior features
- SunRoom
- Appliances
- Dryer, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 0001359000
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- "EMMET ADD, S14, T03 N, R08 W, BLOCK 2, N 33'2"" OF LTS 14-16"
- Tax Annual Amount
- 2990
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Water source
- Public
Building Details
- Year built
- 1905
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
Listing agency
Century 21 Shea Realty
(406) 723-5455
Listed by
Jennifer Shea · License #BRO-13804
(406) 560-5366
Added: Feb 26 Updated: Jul 17 at 3:55PM Checked: Jul 22 at 4:06AM
MLS# 408953
Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic up-and-down style duplex in Butte, MT, features generous living space with a well-considered floor plan in each unit. Both units include wood floors, a spacious living room, a wide hallway leading to three sizable bedrooms, a full bathroom, a formal dining room, and a kitchen. The upper unit also offers an enclosed sunroom. The basement provides a paid laundry area, ample storage, and a utility room. Each unit has its own small garage, suitable for additional storage. The property is located close to the hospital, Montana Tech, and historic uptown Butte. With a total building square footage of approximately 4,890 sq. ft. and situated on a 0.0682-acre lot, this property presents multiple options, including living in one unit and leasing the other, or purchasing as an investment property.
Key Highlights
- Up‑and‑down duplex offers flexible living options
- Spacious units with well‑considered floor plans, including a living room, three bedrooms, a full bathroom, a formal dining room, and a kitchen in each unit.
- Original hardwood floors throughout both units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.9k | $10.20 |
| − Vacancy | −$3.3k | −$0.68 |
| EGI | $46.6k | $9.52 |
| − OpEx | −$14.0k | −$2.86 |
| NOI | $32.6k | $6.67 |
4,890 SF · lease $10.20/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$465.6K
$407.4K – $543.2K
NOI $32,593 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$428.8K
$375.2K – $500.3K
NOI $30,015 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$1.07M
$932.5K – $1.24M
NOI $74,601 @ 7.0% cap · market cap 18.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious duplex near hospital, Montana Tech, and uptown Butte.
Where is this duplex located?
The property is located at 205 N Excelsior Avenue Butte, MT.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Up‑and‑down duplex offers flexible living options; Spacious units with well‑considered floor plans, including a living room, three bedrooms, a full bathroom, a formal dining room, and a kitchen in each unit.; Original hardwood floors throughout both units
