Occupied Two-Unit
For Sale
$499,900
1232 Hauser, Helena, MT 59601
Both residences are leased and include two bedrooms, one bathroom, and separate garage parking.
Property Size2,052 SF
Price / SF$243.62
Days on Market52
Property Features for 1232 Hauser
General Information
Standard status
Active
Size
2,052 SF
Total Parking Spaces
2
Property subtype
Duplex
Occupancy
100%
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,429
Amenities
Garage Spaces: 2
2
Building Details
Year Built
1959
Listing Agency:
Keller Williams Capital Realty
Listed By:
Cortney Blum · License #BRO-119378
(406) 439-7557
Source:
Clearwaterproperties
Added: Aug 16
Changed: Oct 6
Last Checked: Oct 5 at 4:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Capital Realty
Investment Insights
Based on property information with market context.
This duplex, built in 1959, contains two residential units with matching two-bedroom, one-bathroom layouts. Both units are currently occupied, providing an established rental setup. The upper residence includes an attached garage, while the lower residence has a detached garage. The property is located at 1232 Hauser Boulevard in Helena, Montana, and carries zoning designation 1. Residents pay for water, power, and gas; lawn maintenance is handled by the owner.
Key Highlights
- Two occupied units, each with 2 bedrooms and 1 bathroom
- Upper unit includes an attached garage
- Lower unit includes a detached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,534
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,680
$370.7K
Cap Rate 7%
$264,771
$264.8K
Cap Rate 9%
$205,933
$205.9K
Market Conditions
NOI Build-Up for 2,052 SF
Gross rent
$28.3K $13.80/SF
− Vacancy
−$1.8K −$0.90/SF
EGI
$26.5K $12.90/SF
− OpEx
−$7.9K −$3.87/SF
NOI
$18.5K $9.03/SF
Area
Lewis and Clark County, MT
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,680
Cap Rate 7%
$264,771
Cap Rate 9%
$205,933
Alternative Uses
Best Use
Multifamily LT 5
$264.8K
$231.7K – $308.9K
NOI $18,534 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$248.1K
$217.1K – $289.5K
NOI $17,369 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$445.8K
$390.1K – $520.1K
NOI $31,204 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and include two bedrooms, one bathroom, and separate garage parking.
Where is this duplex located?
The property is located at 1232 Hauser Helena, MT.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two occupied units, each with 2 bedrooms and 1 bathroom; Upper unit includes an attached garage; Lower unit includes a detached garage
