701 1st Street, Helena, MT 59601

Property Description

A solid multifamily addition to any portfolio, located in a walkable Helena location near downtown. This fourplex includes three 1-bedroom/1-bath units plus a studio apartment, offering a tenant mix that draws steady demand from singles and young professionals seeking affordable, well-located housing. What sets this property apart is the lot itself — significantly larger than typical for a fourplex in this area, giving an owner room to add parking, storage, outdoor tenant space, or explore future value-add potential. For investors thinking beyond day-one cash flow, that extra land is real optionality. This fourplex benefits from a location close to downtown Helena and the Mount Ascension trailhead — a combination that consistently supports strong occupancy and tenant retention in this submarket. A straightforward, manageable unit mix combined with lot size upside makes 701 1st Street a compelling buy for an investor looking to grow their Helena multifamily holdings.