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Well-Maintained Duplex in Central Helena
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3686 Travertine Way A-B, Helena, MT 59602

Duplex with 3 bed/2.5 bath units, central location, strong rental history.

Property Size3,092 SF
Price / SF$232.86
Days on Market71

Property Features for 3686 Travertine Way A-B

General Information

Standard status Active
Size 3,092 SF
Property subtype Multifamily

Building Details

Year Built 2017
Listing Agency: Uncommon Ground, LLC
Listed By: Freyja Bell · License #RRE-RBS-LIC-38593
Source: Crexi
Added: May 22 Changed: Jul 10 Last Checked: Jul 31 at 12:15PM

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 Uncommon Ground, LLC

Investment Insights

Based on property information with market context.

This well-maintained duplex is perfect for investors or owner-occupants. It features two thoughtfully designed units, each with 3 beds and 2.5 baths, in a convenient central Helena location with a strong rental history. Each unit features an open-concept floor plan with modern finishes and a warm, neutral color palette. The kitchens are appointed with granite countertops, stainless steel appliances, ample cabinetry, and spacious pantries. The main level also includes a convenient half bath and direct access to the private backyard. Upstairs, each unit offers three comfortable bedrooms, including a spacious primary suite with ensuite bath, plus two additional bedrooms, a full bathroom, and conveniently located laundry. Single-car attached garages provide added convenience and storage. Private backyards showcase mountain views, creating a peaceful retreat while still being close to shopping, dining, schools, and outdoor recreation. The property size is 3092 square feet.

Key Highlights

  • Income‑producing duplex in central Helena with a strong rental history.
  • Two well‑maintained units, each with 3 beds/2.5 baths and modern finishes.
  • Open‑concept floor plan with stylish kitchens featuring granite countertops and stainless steel appliances.

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 $42.7k $13.80
− Vacancy −$2.8k −$0.90
EGI $39.9k $12.90
− OpEx −$12.0k −$3.87
NOI $27.9k $9.03
3,092 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$399.0K
$349.1K – $465.5K (±1% cap)
NOI $27,927 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$373.9K
$327.2K – $436.2K (±1% cap)
NOI $26,172 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$671.7K
$587.7K – $783.6K (±1% cap)
NOI $47,018 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Dental Office Pharmacy

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

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 59602, MT

29,390
Population
12,091
Households
2.4
Avg Household Size
42
Median Age
39%
College-Educated
94%
High-School Grad
524.3 sq mi
ZIP Area
56
Density / Sq Mi
$87,841
Median Household Income
$49,580
Median Earnings
$1,291
Median Rent
$369,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Duplex with 3 bed/2.5 bath units, central location, strong rental history.
Where is this duplex located?
The property is located at 3686 Travertine Way A-B Helena, MT.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Income‑producing duplex in central Helena with a strong rental history.; Two well‑maintained units, each with 3 beds/2.5 baths and modern finishes.; Open‑concept floor plan with stylish kitchens featuring granite countertops and stainless steel appliances.
More about this property
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