NOT LISTED FOR SALE

Estimated Value: $954,532

16 Beds
-- Bath
4,852 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 10, 2025

Current estimated payment $5,356/month

224 Days on Market

Highlights

  • Laundry in multiple locations
  • High Speed Internet
  • Wood Siding
  • Jefferson Elementary School Rated A-

About This Home

As of July 2025

For the first time, this remarkable dual-dwelling property with six separate units is being offered for sale. Situated within walking distance of downtown Helena and the Capital Complex, this property includes a converted office-to-home and a historic market transformed into apartments.

The first dwelling, originally built as an office in 1980, has been converted into a house. It features two bedrooms—one on the main level and a non-conforming bedroom in the finished basement—along with two bathrooms, including a full bath on the main level and a half bath downstairs. The home offers washer/dryer hookups and a spacious basement, which provides ample storage and potential for further development. With its separate entrance, the basement is ideal for creating an additional rental unit or apartment. Recent updates include new carpet and fresh paint, and the home is equipped with a gas boiler and electric hot water heater. The second dwelling, formerly Lehmann’s Market, has been transformed into a charming apartment complex while maintaining its vintage appeal. On the main level, there are two apartments: one is a two-bedroom, one-bath unit with its own washer and dryer hookup, while the other is a one-bedroom, one-bath unit with access to shared laundry facilities in the basement. Both apartments are heated by individual gas boilers and equipped with their own hot water heaters. The second story houses three studio apartments, each with its own gas heater and hot water heater. The building also includes an unfinished basement that provides extensive storage space. Each unit is separately metered for gas and electricity.

With its unique combination of modern updates and historic features, this versatile property is a rare gem in one of Helena's most desirable neighborhoods, offering incredible potential for both homeowners and investors alike. Don’t miss this opportunity!

Last Agent to Sell the Property

Brie MacLaurin

Big Sky Brokers, LLC License #RRE-BRO-LIC-127784 Listed on: 10/10/2024

Last Buyer's Agent

Jackie Betts

Big Sky Brokers, LLC License #RRE-BRO-LIC-53929

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,732

Year Built

  • Built in 1927

Lot Details

  • 8,494 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 4,852 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Laundry

  • Laundry in multiple locations
  • Washer Hookup

Parking

  • Additional Parking
  • On-Street Parking

Utilities

  • Separate Meters
  • Natural Gas Connected
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 05188831144060000

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,732

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1927
  • Directions: From Montana Ave., go West on E 6th. Corner of 6th and Hoback.
  • Listing I D: 30034988
  • Horses: No
  • Lot Size Acres: 0.195
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Apartment,Multi Family
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Poured

Garage/Parking

  • Parking Features: Additional Parking, On Street

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Available, Separate Meters
  • Laundry Features: Washer Hookup, Multiple Locations
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Zoning: Residential
  • Lot Size Sq Ft: 8494.0
  • Parcel #: 05188831144060000
  • Zoning Description: 3

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6731.58

Multi Family

  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Aug 1, 2025
Sold by
Tfes 1192 Llc
Bought by
Martindale Lori J
Seller's Agent
Brie MacLaurin
Big Sky Brokers, LLC
Buyer's Agent
Jackie Betts
Big Sky Brokers, LLC
List Price
$1,050,000
Views
77
Current Estimated Value
$954,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.80%
Original Mortgage
$600,000
Outstanding Balance
$598,992
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$355,540

Purchase Details

Listed on
Oct 10, 2024
Closed on
Jul 9, 2025
Sold by
Paul Lehmann Family Trust and Lehmann Paul L
Bought by
Tfes 1192 Llc
Seller's Agent
Brie MacLaurin
Big Sky Brokers, LLC
Buyer's Agent
Jackie Betts
Big Sky Brokers, LLC
List Price
$1,050,000
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$598,992
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$355,540
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martindale Lori J -- None Listed On Document
Tfes 1192 Llc -- Flying S Title & Escrow
Tfes 1192 Llc -- Flying S Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tfes 1192 Llc $600,000
Closed Tfes 1192 Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2025 07/10/25 Sold -- -- --
04/01/2025 04/01/25 Price Changed $950,000 -4.5% $196 / Sq Ft
01/16/2025 01/16/25 Price Changed $995,000 -5.2% $205 / Sq Ft
10/10/2024 10/10/24 For Sale $1,050,000 -- $216 / Sq Ft
Source: Montana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,083 $659,995 $0 $0
2024 $5,313 $555,045 $0 $0
2023 $6,602 $555,045 $0 $0
2022 $5,352 $325,100 $0 $0
2021 $4,056 $349,179 $0 $0
2020 $5,707 $338,332 $0 $0
2019 $5,714 $338,332 $0 $0
2018 $5,145 $293,475 $0 $0
2017 $3,074 $293,475 $0 $0
2016 $4,554 $274,340 $0 $0
2015 $2,957 $274,340 $0 $0
2014 $2,598 $141,414 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 30034988

Montana Regional MLS

APN: 05-1888-31-1-44-06-0000