Investment Property for Sale at 211 & 213 W Main Street in East Helena, MT for $427,500

211 & 213 W Main Street | East Helena

$427,500

This East Helena duplex is turnkey and ready to cash flow. One side is a 2 bed, 1 bath; the other is a 3 bed, 1 bath—both fully renovated in 2022 with updated plumbing (including the main line), new flooring, paint, insulation, light fixtures, roof, and more. Each unit has its own entrance, parking, exterior storage, and a shared yard with underground sprinklers. Located right in the heart of East Helena, this property is close to parks, schools, and just a short drive to Helena proper and Canyon Ferry Lake. Recent upgrades by the current owner include new electric baseboard heat, gutters, and a new washer/dryer in Unit 2. As it stands, the property pencils out with a ~6.4% cap rate using today’s rents and expenses. Local managers suggest there’s still room to push rents higher, adding even more upside. Whether you’re investing or planning to live in one side and rent the other, this one checks a lot of boxes. Full financials available upon request! MTR 30050315

Directions to property: GPS will take you right to it!

MLS Listing ID: 
MTR 30050315
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$427,500
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
East Helena
Address: 
211 & 213 W Main Street, East Helena, MT 59635, US
County: 
Lewis and Clark
Latitude: 
46.5893477
Longitude: 
-111.9261106
Community Information
Subdivision: 
Manlove Add
Building Details
Details about the building on a property.
Architectural Style: 
Ranch
Year Built: 
1918
New Construction: 
0
Construction
Foundation Details: 
Stone
Roof: 
Asphalt
Exterior Features: 
Rain Gutters, Storage
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard, Electric
Water Source: 
Community/Coop
Sewer: 
Community/Coop Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.17
Lot Size (Area): 
0.17
Waterfront: 
0
Lot Features
Garage: 
0
Public Record
Parcel Number: 
05188825315050000
Property Zoning: 
Residential
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Kaiden Batzler
Listing Office Name: 
Coldwell Banker Distinctive Properties