1515/1516 Railroad/Gallatin Ave, Helena, MT 59601
This unique Helena, Montana property presents a compelling investment opportunity or comfortable living arrangement. Located in the desirable 6th Ward, this special-purpose property consists of two separate homes situated on a single 5,576 square foot lot. Each home boasts two bedrooms and one bathroom, with each unit exceeding 600 square feet of living space. The property features separated yards, providing privacy for each residence. Significant improvements include a new roof on the Railroad Avenue home installed in 2019 and a new roof on the Gallatin Avenue home installed in 2016. Adding to the property's appeal is a one-car garage and a separate storage unit. One home will be vacant at the end of the month, presenting immediate rental potential. The property's APN is 05188829235130000. The zoning is available upon request. This is a rare chance to acquire a property with proven rental income and the potential for significant returns. The combined square footage of both homes is 1,377 square feet. This property is a single-tenant occupancy, currently operating as a duplex.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.