234, 240 E Lyndale Avenue, Helena, MT

$449,000

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0.14

Acres

About 234, 240 E Lyndale Avenue

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.

Features of 234, 240 E Lyndale Avenue

MLS® # 30057697
Price $449,000
Acres 0.14
Year Built 1970
Type Commercial Sale
Sub-Type Building/Land
Status Active

Community Information

Address 234, 240 E Lyndale Avenue
City Helena
County Lewis and Clark
State MT
Zip Code 59601

Amenities

Parking Additional Parking
View Mountain(s), Trees/Woods
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Electric, Forced Air, Gas
Fireplace No
Basement Crawl Space

Exterior

Lot Description 0.14
Foundation Poured

School Information

District District No. 1

Additional Information

Date Listed September 19th, 2025
Days on Market 28
Zoning Multi-Family
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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