Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this well-maintained four-plex offers a fantastic opportunity with a proven rental history and dependable cash flow. Featuring three 1-bedroom, 1-bath units and one studio 1-bath unit, the property appeals to a variety of tenants while maintaining strong occupancy and consistent rental income. Situated on a quiet street in a desirable downtown location, residents enjoy the convenience of being just minutes from shopping, restaurants, parks, trails, and local amenities while still appreciating a peaceful neighborhood setting. The property also offers a mix of on and off-street parking for tenants and a shared laundry area in the basement. This income-producing property combines consistent rental performance with a sought-after location, making it an excellent addition to any investment portfolio.
Pending
$599,995
539 5th Ave, Helena, MT 59601
3beds
4baths
--sqft
Quadruplex, Multi Family, Multi Family
Built in 1952
-- sqft lot
$588,000 Zestimate®
$--/sqft
$-- HOA
What's special
Quiet streetPeaceful neighborhood setting
- 50 days
- 30
- 1
Zillow last checked:
Listing updated:
Listed by:
Rachael Houseworth 406-431-8870,
Century 21 Heritage Realty
Source: Big Sky Country MLS,MLS#: 412789Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Range, Refrigerator
- Laundry: Common Area
Interior area
- Finished area above ground: 0
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,009 Square Feet
Details
- Parcel number: 0000005168
- Zoning description: Call Listing Agent for Details
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Heat Detector, Smoke Detector(s)
- Subdivision: Other
HOA
- Has HOA: No
- Amenities included: Laundry
Location
- Region: Helena
Financial & listing details
- Tax assessed value: $420,600
- Annual tax amount: $3,845
- Date on market: 7/10/2026
- Cumulative days on market: 17 days
- Listing terms: Cash,1031 Exchange,3rd Party Financing
- Tenant pays: Electricity
- Electric utility on property: Yes
Estimated market value
$588,000
$559,000 - $617,000
$1,697/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Pending sale | $599,995 |
Source: Big Sky Country MLS #412789 Report a problem | ||
| 7/23/2026 | Contingent | $599,995 |
Source: Big Sky Country MLS #412789 Report a problem | ||
| 7/10/2026 | Listed for sale | $599,995 |
Source:  MRMLS #30073861 Report a problem | ||
| 12/19/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/13/2023 | Price change | $875+2.9% |
Source: Zillow Rentals Report a problem | ||
| 12/5/2023 | Listed for rent | $850+25.9% |
Source: Zillow Rentals Report a problem | ||
| 12/24/2019 | Listing removed | $675 |
Source: Gold Rush Management Report a problem | ||
| 10/24/2019 | Listed for rent | $675+4.7% |
Source: Gold Rush Management Report a problem | ||
| 10/31/2018 | Listing removed | $645 |
Source: Gold Rush Management Report a problem | ||
| 10/16/2018 | Listed for rent | $645 |
Source: Gold Rush Management Report a problem | ||
| 8/19/2018 | Listing removed | $645 |
Source: Gold Rush Management Report a problem | ||
| 7/27/2018 | Listed for rent | $645+8.4% |
Source: Gold Rush Management Report a problem | ||
| 6/2/2018 | Listing removed | $595 |
Source: Gold Rush Management Report a problem | ||
| 5/23/2018 | Listed for rent | $595 |
Source: Gold Rush Management Report a problem | ||
| 9/14/2017 | Listing removed | $595 |
Source: Gold Rush Management Report a problem | ||
| 9/12/2017 | Price change | $595-14.4% |
Source: Gold Rush Management Report a problem | ||
| 8/29/2017 | Price change | $695-0.7% |
Source: Gold Rush Management Report a problem | ||
| 8/19/2017 | Price change | $700+7.7% |
Source: Gold Rush Management Report a problem | ||
| 7/20/2017 | Listed for rent | $650 |
Source: Gold Rush Management Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,554 -20.2% | $420,600 +23.3% |
| 2024 | $3,200 +0.5% | $341,100 |
| 2023 | $3,185 +7% | $341,100 +24.9% |
| 2022 | $2,976 -1.7% | $273,000 |
| 2021 | $3,029 +3.3% | $273,000 +3.3% |
| 2020 | $2,933 -0.2% | $264,300 |
| 2019 | $2,939 -7% | $264,300 +39.5% |
| 2018 | $3,159 +4.9% | $189,500 |
| 2017 | $3,012 +74.4% | $189,500 +8.1% |
| 2016 | $1,727 +0.2% | $175,300 |
| 2015 | $1,724 -3.7% | $175,300 +100.8% |
| 2014 | $1,790 +15.8% | $87,291 +4.1% |
| 2013 | $1,546 +0.5% | $83,873 +4.7% |
| 2012 | $1,538 | $80,145 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $100,000 |
| 2007 | -- | $100,000 |
| 2006 | -- | $100,000 |
| 2005 | -- | $100,000 |
| 2004 | -- | $100,000 |
| 2003 | -- | $100,000 -0.2% |
| 2002 | -- | $100,200 |
| 2000 | -- | $100,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: West
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