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2328 Shorthorn Ave, Helena, MT, 59602

4beds
5baths
16,388sqft
$4,475,000
$273price/sqft
$28,086/moest. monthly cost
$1,123,440/yrincome needed

About This Home

Four garden-level triplex condominiums available for sale as a package. These 12 units were constructed in 2023 and are fully leased with management in place. Each unit features two bedrooms, a single-car garage, and in-unit washer and dryer. The units are nearly identical in layout and size, with the exception of an extra half bath in the center units. The location is perfect for residents; Costco is just across the street, employment is a quick drive away, and access to the site is easy and convenient. The condo structure offers flexibility - you can hold and lease, sell units individually, or a mix of both. Helena continues to face a strong demand for housing, invest in these brand new units today.

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

8/10
Warren SchoolGrades PK-52.5 mi
5/10
Helena Middle SchoolGrades 6-82.0 mi
7/10
Helena High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Board & Batten Siding,Wood Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Modern
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Washer Hookup,In Unit

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 16,388
  • Total interior livable area: 16,388 sqft

Property

Details

  • Parcel number: 05188816303050000
  • Zoning: Multi-Family
  • Zoning description: B-2
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Patio
  • Topography of land: Level

Lot

  • Lot size: 0.60 Acres
  • Features: Level

Parking

  • Total spaces: 12
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 12
  • Covered spaces: 12

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
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Earthquake
    EarthquakeRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Earthquake
Lightning
Inland Flooding
Strong Wind

FEMA Declared Disasters in Lewis and Clark County and Montana

Fire
Flood
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $22,628$271,536
Home Insurance $1,611$19,332
Property Taxes $2,722$32,664
Electricity $1,125$13,503
Total$28,086$337,032

Income You'd Need if You Spent...

35% on housing$962,948/yr
40% on housing$842,580/yr
45% on housing$748,960/yr

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.

Insurance Growth Rate5-year average: 11.1%
11.1%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$273This listing

vs Other Active Listings

Avg $/sqft

ZIP 59602$242
Lewis and Clark County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 59602$256
Lewis and Clark County$267

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

DateEventPrice
2026-03-05Listed for sale$4,475,000

For Sale by Agent

AgentTyler D Warne
BrokerageColdwell Banker Commercial Green & Green

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