Historic Duplex with
205 N Excelsior Avenue Butte, MT 59701
For Sale
$395,000
Up-and-down duplex features two units with wood floors, three bedrooms each, and individual garages.
Property Size4,890 SF
Price / SF$80.78
Days on Market10
Property Features for 205 N Excelsior Avenue
General Information
- Standard status
- Active
- Size
- 4,890 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1905
Listing Agency:
Century 21 Shea Realty
(406) 560-5366
Listed By:
Jennifer Shea · License #BRO-13804
Source:
Clearwaterproperties
Added: Jul 17
Changed: Jul 22
Last Checked: Jul 25 at 8:00AM
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 Century 21 Shea Realty
Investment Insights
Based on property information with market context.
Historic up-and-down duplex offering two separate residential units with well-considered floor plans. 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 includes an enclosed sunroom. The basement contains a paid laundry area, ample storage, and a utility room. Each unit has its own small garage, providing additional on-site storage.
The property is located near the hospital, Montana Tech, and historic uptown Butte.
With approximately 4,890 total square feet for the building, the layout supports multiple ways to use the duplex, including living in one unit while renting the other or purchasing as an income-oriented investment property.
The property is located near the hospital, Montana Tech, and historic uptown Butte.
With approximately 4,890 total square feet for the building, the layout supports multiple ways to use the duplex, including living in one unit while renting the other or purchasing as an income-oriented investment property.
Key Highlights
- Historic up‑and‑down duplex built in 1905 with approximately 4,890 SF total living space
- Two separate units, each with wood floors, a spacious living room, formal dining room, kitchen, full bathroom, and three sizable bedrooms
- Upper unit includes an enclosed sunroom for additional indoor space
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
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Up-and-down duplex features two units with wood floors, three bedrooms each, and individual garages.
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: Historic up‑and‑down duplex built in 1905 with approximately 4,890 SF total living space; Two separate units, each with wood floors, a spacious living room, formal dining room, kitchen, full bathroom, and three sizable bedrooms; Upper unit includes an enclosed sunroom for additional indoor space
