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Victorian Quadplex with Owner-Occupant Flexibility
For Sale
$675,000

407 Madison Avenue, Helena, MT 59601

ResidentialIncome, Helena, MT

Property SizeContact for details
Lot Size0.17 Acres
Days on Market44

Property Features for 407 Madison Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description R-3
Directions 407 Madison, follow google
Standard status Active
APN 05188725425050000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description STOREY, S25, T10 N, R04 W, BLOCK 22, Lot 3
Tax Annual Amount 4040
Legal Description STOREY, S25, T10 N, R04 W, BLOCK 22, Lot 3

Amenities

off-street parking

Building Details

Year built 1880
Number of units 4
Listing Agency: Keller Williams Capital Realty · Keller Williams Realty
Listed By: Jeff Barber · License #RRE-BRO-LIC-109439
Added: Jul 24 Changed: Sep 5 Last Checked: Sep 5 at 6:06PM
MLS# 30075490

Copyright © 2026 Montana Regional 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.

Built in 1880, this Victorian property has been configured as a fourplex with four separately metered units. The layout supports continued rental operation, while the existing configuration also allows two units to be combined into a larger owner residence with the other two remaining as rentals. Water service is paid by the owner, and off-street parking is located behind the building.

The property occupies 0.172 acres in Helena’s Mansion District, minutes from downtown shopping, dining, entertainment, and trails. Its rental history includes a tenant who has remained in place for more than a decade. The lot is also identified as having potential for future infill development, adding another consideration for investors and owner-occupants evaluating the property’s existing income-producing use.

Key Highlights

  • Four‑unit Victorian property built in 1880
  • Each unit is separately metered; owner covers water service
  • 0.172‑acre lot in Helena’s Mansion District

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Electrical Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,827
Businesses Nearby

Demographics for 59601, MT

30,848
Population
15,937
Households
1.9
Avg Household Size
41
Median Age
51%
College-Educated
96%
High-School Grad
130.2 sq mi
ZIP Area
237
Density / Sq Mi
$70,502
Median Household Income
$44,000
Median Earnings
$1,023
Median Rent
$355,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit Victorian property with separately metered residences, rear off-street parking, and a lot suited to multiple ownership strategies.
Where is this quadplex located?
The property is located at 407 Madison Avenue Helena, MT.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four‑unit Victorian property built in 1880; Each unit is separately metered; owner covers water service; 0.172‑acre lot in Helena’s Mansion District
More about this property
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