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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.

Property Details of 407 Madison Avenue

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Based on information submitted to Montana Regional MLS as of July 25, 2026 9:06 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

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