234, 240 E Lyndale Avenue
Helena, MT, 59601 $ 449,000
Bedrooms-- Baths-- Monthly Estimate*
$ 2,801
for $449,000. This building was built in 1970 on a lot size of 0.14.
Don’t miss this rare opportunity to own a truly unique property in a prime location with excellent visibility and steady traffic flow—just minutes from downtown Helena, Carroll College, shopping, and the State Capitol. This versatile property includes two separate houses and three rental units, offering endless potential for investors and entrepreneurs alike. The yellow home, also known as 240 Lyndale, offers versatile potential with both main-level commercial space and upper-level residential living. The main floor features a spacious open area—ideal for offices, a salon, or other business use—along with a commercial kitchen and half bath. Upstairs, a fully updated two-bedroom, one-bath apartment includes a full kitchen, private access, and sweeping views, making it well-suited for long-term living or short-term rental income. Recent structural renovations completed this summer, including a leveled foundation and significant deck repairs. The green home, also known as 234 Lyndale, offers 2 bedrooms, 1 full bath, 1 half bath, and 3 additional rooms that can be used as offices, workspaces, or extra living areas. Recently updated with improvements to the HVAC system, flooring, paint, and fixtures, this property is versatile—well-suited as a professional office suite or an owner-occupied business/residential home. All appliances in both houses and the apartment will convey. The yellow house underwent structural renovations this summer, including a leveled foundation and significant deck repairs. Buyer and buyer’s agent to verify all information. With five off-street parking spaces and an adjacent city lot for added convenience, this property is ideally suited for tenants, customers, or business clients. With a strong rental history, multiple income streams, and flexibility for residential, commercial, or mixed use, this is truly a one-of-a-kind investment package.
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FeaturesGeneralSewer Public Sewer
Heating Baseboard Electric Forced Air Gas
Zoning Multi-Family
Year Built 1970
View Mountain(s) Trees/Woods
Property Subtype Building/Land
Tax Year 2024
County Lewis and Clark
Property Type Commercial Sale
Garage Y/N false
Status Active
Directions E Lyndale the property will be on your right.
City Helena
High School District District No. 1
Zoning Description B-2
Lot Size Units Acres
Lot Size Square Feet 6098.4
Carport Y/N false
Tax Annual Amount 5361.39
Standard Status Active
Middle/Junior School District District No. 1
Elementary School District District No. 1
Year Built Source Public Records
Virtual Tour https://youtube.com/shorts/DVBAdftiOOU?feature=share
Expected Active Date 2025-09-19
Legal Description CENTRAL ADDN NO 3 S30 T10 N R03 W BLOCK 51 Lot 13-14
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InteriorBasement Crawl Space
Basement (Y/N) true
Heating Y/N true
Fireplace Y/N false
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ExteriorFencing None
Parking Features Additional Parking
Water Source Public
Lot Size Area 0.14
Foundation Details Poured
Lot Dimensions 0.14
Lot Size Acres 0.14
Road Surface Type Asphalt
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded FeaturesList ByTana BignellListing Agent
Uncommon Ground, LlcBroker
tana@sellsmontana.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,801
- Monthly Property Taxes
- $447
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Helena, MT
Average List Price $1,171,766
Percent of Sale Price 161%
About Helena, MT 30,020 Population
13% Since 2002
$ 56,183 Median Income
40.37 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
1330187 Elementary School
1330183 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/19/2025 | $449,000 | | Listed Price |