2296 Deerfield Ln, Helena, MT, 59601
About This Home
Multifamily property for sale with a 6.1% cap rate. The property has 10 residential units, built in 2024 & 2025 by a respected local builder. Located in the South Hills just minutes from major employers such as St. Pete's Hospital and the state Capitol Complex. The property has great features for an owner - separately metered utilities, hardy finishes, and a desirable location. For a tenant, each unit has an attached garage, main floor kitchen and living room with 9' ceilings, private patio with great views, in-unit laundry, 3 bedrooms, and 2.5 baths. Lastly, the property has a fenced yard for pets, and an asphalt parking lot. Gross building area of 19,300 square feet among the 3 structures, gross living area of 15,540 square feet. Add this stable asset to your portfolio in the capital city of Helena, Montana. Please inquire for rent roll and pro forma.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Foundation: Poured,Slab
- Roof: Asphalt
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Multi Family,Apartment
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Refrigerator
- Laundry features: Washer Hookup,In Unit
Basement
- Has basement: Yes
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Cooling
- Cooling features: Central Air
Interior Area
- Total structure area: 15,540
- Total interior livable area: 15,540 sqft
Property
Details
- Parcel number: 05178603206300000
- Zoning: Multi-Family
- Zoning description: B-2
- Special condition: Standard
Lot
- Lot size: 0.88 Acres
Parking
- Total spaces: 10
- Parking features: Heated Garage
- Has garage: Yes
- Attached garage spaces: 10
- Covered spaces: 10
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Earthquake
- Lightning
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Lewis and Clark County and Montana
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $18,001 | $216,012 |
| Home Insurance | $1,445 | $17,340 |
| Property Taxes | $2,165 | $25,980 |
| Electricity | $1,067 | $12,804 |
| Total | $22,678 | $272,136 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-09 | Price change | $3,560,000 |
| 2025-12-30 | Listed for sale | $3,650,000 |
For Sale by Agent
View on Zillow