Ranch Live-Work Property with
5530 N Montana Avenue Helena, MT 59602
5530 N Montana Avenue, Helena, MT, 59602
$560,000
For Sale
$560,000
MULTI_FAMILY - Ranch - Helena, MT
Property Size2,000 SF
Lot Size0.58 Acres
Price / SF$280
Days on Market313
Property Features for 5530 N Montana Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- 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
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 1
- Architectural style
- Ranch
Listing Agency
eXp Realty - Helena
(406) 578-4399
1205 S Main St Ste. 335, Kalispell, MT
Listed by
David Torgerson · License #RRE-BRO-LIC-31805
(406) 459-8565
Added: Sep 9, 2025 Checked: Jul 18 at 11:06 am
MLS# 30057045
Listing URL
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 three-properties-in-one ranch configuration includes a single-level home, a separate apartment, and an office/work space, allowing for flexible living and rental arrangements. The main house features 3 bedrooms and 1 3/4 baths with a large kitchen and separate dining room, along with some hardwood floors. The apartment offers 2 bedrooms and 1 bath and includes washer/dryer hookups. An office/shop space includes a 200-square-foot room that can serve as an office or storage area and is described as well-lit and insulated.
The property is located out of city limits and is noted for exposure suitable for a business, with ample parking. There are minimal county restrictions on use and no HOA.
Additional improvements include shingles replaced about 8 years ago. Appliances are within 8 years, with some newer, and the well pump and water heater are new as of this year. Outside, there is a watered and fenced garden plot and a 10x16 shed.
The property is located out of city limits and is noted for exposure suitable for a business, with ample parking. There are minimal county restrictions on use and no HOA.
Additional improvements include shingles replaced about 8 years ago. Appliances are within 8 years, with some newer, and the well pump and water heater are new as of this year. Outside, there is a watered and fenced garden plot and a 10x16 shed.
Key Highlights
- Three separate structures: 2,000sqft home, 600sqft apartment, and 1,200sqft office/work space.
- Rental income potential from apartment and/or office/work space.
- Located outside city limits with high visibility and ample parking for a business.
Local Financial Insights For Office B
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 | $33.6k | $16.80 |
| − Vacancy | −$5.0k | −$2.52 |
| EGI | $28.6k | $14.28 |
| − OpEx | −$7.1k | −$3.57 |
| NOI | $21.4k | $10.71 |
2,000 SF · lease $16.80/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$306.0K
$267.8K – $357.0K
NOI $21,420 @ 7.0% cap · market cap 3.82%
Second Best
Multifamily LT 5
$258.1K
$225.8K – $301.1K
NOI $18,064 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$434.5K
$380.2K – $506.9K
NOI $30,413 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Training Den Helena
Gym & Fitness Center
Fireweed Human Performance
Gym & Fitness Center
Montana Wildlife Federation
Association Or Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Three-in-one setup with a single-level home, apartment, and office/work space plus ample parking.
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 separate structures: **2,000sqft home, 600sqft apartment, and 1,200sqft office/work space.**; Rental income potential from apartment and/or office/work space.; Located outside city limits with high visibility and ample parking for a business.
