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  • $675,000

    407 Madison Ave, Helena, MT 59601

    --beds
    --baths
    3,500sqft
    : 
    $4,350/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1880
    -- sqft lot
    $654,700 Zestimate®
    $193/sqft
    $-- HOA

    What's special

    Classic victorianGenerously sized lot
    Investment opportunity with many possibilities! Own a piece of Helena history while generating steady rental income. Located in the sought-after Mansion District, this classic Victorian has been converted into a fourplex, offering flexibility for both investors and owner-occupants. Rent all four units for maximum income, or easily combine two of the units to create a spacious owner's residence while leasing the remaining two units to help offset your mortgage. Residents will appreciate the unbeatable location, just minutes from all that downtown Helena has to offer, including shopping, dining, entertainment, and trails. Each unit is separately metered, with the owner covering water service. Off-street parking is available in the rear, and the generously sized lot also presents exciting potential for future infill development. With a strong rental history—including one long-term tenant of more than a decade—this well-maintained property offers dependable income today and exciting opportunities for tomorrow. Whether you're expanding your investment portfolio, seeking an owner-occupied income property, or exploring future development potential, this timeless Helena Victorian is ready to deliver.
    31 days
    |
    852
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Barber 406-422-6647,

    Keller Williams Capital Realty

    Source: MRMLS,MLS#: 30075490MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 3,500
      • Total interior livable area: 3,500 sqft

      Property

      Lot
      • Size: 7,492 Square Feet
      • Features: See Remarks
      Details
      • Parcel number: 05188725425050000
      • Zoning description: R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Foundation: Stone
      Condition
      • New construction: No
      • Year built: 1880

      Community & HOA

      Location
      • Region: Helena

      Financial & listing details

      • Price per square foot: $193/sqft
      • Tax assessed value: $498,165
      • Annual tax amount: $4,039
      • Date on market: 7/25/2026
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        $654,700

        $622,000 - $687,000

        $1,918/mo

        Price history

        DateEventPrice
        7/25/2026Listed for sale$675,000+93.4%$193/sqft
        Source: MRMLS #30075490 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        1/30/2017Listing removed$349,000$100/sqft
        Source: Owner Report a problem
        12/3/2016Listed for sale$349,000$100/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,701 -20.2%$439,200 +21.7%
        2024$3,386 +0.5%$360,800
        2023$3,370 -6.2%$360,800 +9.4%
        2022$3,594 -1.7%$329,700
        2021$3,657 +21.3%$329,700 +21.3%
        2020$3,014 -0.2%$271,700
        2019$3,020 -17.1%$271,700 +19.2%
        2018$3,645 +5%$228,000
        2017$3,470 +56.4%$228,000 +1.3%
        2016$2,218 -3.1%$225,000
        2015$2,289 +39.1%$225,000 +151.2%
        2014$1,646 +2.7%$89,570 +3%
        2013$1,603 -0.6%$86,954 +3.4%
        2012$1,613 $84,066
        2011-- --
        2010-- --
        2009-- --
        2008-- $112,400
        2007-- $112,400
        2006-- $112,400
        2005-- $112,400
        2004-- $112,400
        2003-- $112,400 +14.3%
        2002-- $98,300
        2000-- $98,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Euclid Ave South

        Getting around

        83 / 100
        Very Walkable
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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