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 |
