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Ranch Live-Work Property with Apartment
For Sale
$560,000

5530 N Montana Avenue, Helena, MT 59602

ResidentialIncome, Ranch, Helena, MT

Property Size1,200 SF
Lot Size0.58 Acres
Price / SF$466.67
Days on Market346

Property Features for 5530 N Montana Avenue

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Directions Google
Standard status Active
APN 05188806107330000
Lot size 0.58 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description COLLEGE ADDN, S06, T10 N, R03 W, BLOCK 8, Lot 10 - 12, (LESS FORESTVALE INTERCHANGE)
Tax Annual Amount 3050
Legal Description COLLEGE ADDN, S06, T10 N, R03 W, BLOCK 8, Lot 10 - 12, (LESS FORESTVALE INTERCHANGE)

Building Details

Year built 1950
Floors in Building 1
Number of units 1
Architectural style Ranch
Listing Agency: eXp Realty - Helena
Listed By: David Torgerson · License #RRE-BRO-LIC-31805
Added: Sep 9, 2025 Changed: Aug 20 Last Checked: Aug 20 at 9:06PM
MLS# 30057045

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.

This ranch live-work property combines three distinct spaces on one lot: a 2,000 SF home, a 600 SF apartment, and a 1,200 SF office/work space. The layout is designed so you can live in one area and work in another, or rent out the remaining space(s). Out of city limits, it also benefits from minimal county restrictions and no HOA.

The main house is a single-level home with 3 bedrooms and 1 3/4 baths, a large kitchen, and a separate dining room, with some hardwood floors. The apartment includes 2 bedrooms and 1 bath, along with W/D hookups. The office/work space features a 200 SF room for an office or storage, and it is well lit and insulated.

Exterior and major systems updates include shingle replacement about 8 years ago and new well pump and water heater this year. The property also includes a watered and fenced garden plot and a 10x16 shed.

Key Highlights

  • Three properties in one: 2,000 SF home, 600 SF apartment, and 1,200 SF office/work space
  • Single‑level main house with 3 bedrooms and 1 3/4 baths, large kitchen, separate dining, and some hardwood floors
  • Apartment offers 2 beds, 1 bath, and W/D hookups

Property Analytics

Current Use

The Training Den Helena Gym & Fitness Center Fireweed Human Performance Gym & Fitness Center Montana Wildlife Federation Association Or Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Nail Salon Big Box & Wholesale Store

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

1
Office units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

82
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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Ranch live-work setup with a separate apartment and office/work space, plus ample on-site parking and no HOA.
Where is this live-work space located?
The property is located at 5530 N Montana Avenue Helena, MT.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Three properties in one: 2,000 SF home, 600 SF apartment, and 1,200 SF office/work space; Single‑level main house with 3 bedrooms and 1 3/4 baths, large kitchen, separate dining, and some hardwood floors; Apartment offers 2 beds, 1 bath, and W/D hookups
More about this property
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