340 South AVE W, Missoula, MT 59801
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340 South AVE W, Missoula, MT 59801
340 South AVE W, Missoula, MT 59801
340 South AVE W, Missoula, MT 59801
340 South AVE W, Missoula, MT 59801
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Natalee Pfile

Natalee Pfile

+1(406) 750-2290
$ 969,500
Est. payment /mo
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340 South AVE W Missoula, MT 59801

8,102 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 30072597

HOA Y/N No

Year Built 1951

Annual Tax Amount $6,966

Tax Year 2025

Lot Size 8,102 Sqft

Acres 0.186

Property Description

Updated 1951 Mid-Century Home + Income-Producing Carriage House – Where Rose Park Meets Lewis & Clark in Missoula This 1951 mid-century charmer at 340 South Ave W has been lovingly maintained and upgraded to preserve its original character, paired with an upgraded 1910 carriage house at 342 South Ave W that currently rents for $1,200/month. Right where Rose Park meets Lewis & Clark, the property enjoys the best of both beloved neighborhoods – and sits centrally, less than 6 blocks from Lewis & Clark Elementary, Washington Middle School & Sentinel High School. Both homes are move-in ready, with $150,000 verified, documented improvements focused on systems longevity & structural integrity over the past 10 years. Main Residence (5 bed / 2 bath, 2,808 sq ft finished + 260 sq ft utility/storage): large eat-in kitchen with original cabinetry and exceptional storage; refinished original hardwood floors upstairs; cozy living area with gas fireplace; new windows, trim, and Hunter Douglas blinds upstairs; professionally painted in and out, spotless and move-in ready. Finished basement adds 2 conforming bedrooms, a living room, and 3/4 bath with lock-off flexibility, plus a bonus room and generous storage. Garage & Site: 2-car garage with reinforced beam, sheetrock, full paint; completely rebuilt driveway; new front sprinkler line. Carriage House Studio (income property): private fenced yard, ample street parking, a mile from the University of Montana – a strong driver of rental demand. Ideal for long-term rental, VRBO, home office, or multigenerational living. Upgrades: furnace, refinished hardwood floors, bathroom updates, fence, patio, roof replacement, full interior/exterior paint. Two independent dwellings, each with separate water, power, and private access. The carriage house has a consistent long-term rental history and lives more like a private neighboring home than a typical ADU, offering privacy for both households while building equity. Rental financials available upon request.

Total 3,388 sq ft (Main House 3,068 sq ft total + Carriage House 320 sq ft finished)
A rare chance to own a well-maintained, in-town property blending mid-century charm, smart upgrades, and real income potential — in one of Missoula's most desirable locations.

A note from our lender:
If the property has a rental unit generating $1,200/month, and underwriting allows 75% of the rent:
Gross Rent: $1,200
Qualifying Rent (75%): $900/month
At current qualifying rates, that additional $900/month generally supports about $180,000–$200,000 more mortgage debt.


Schedule your private showing today.

Location

State MT

County Missoula

Community Sidewalks

Zoning Residential

Rooms

Basement Partially Finished

Interior

Interior Features Fireplace, Main Level Primary

Heating Forced Air, Gas

Fireplace No

Appliance Dryer, Dishwasher, Range, Refrigerator, Washer

Laundry Washer Hookup

Exterior

Exterior Feature Rain Gutters

Parking Features Additional Parking, Garage, Garage Door Opener, Heated Garage, On Street

Garage Spaces 2.0

Community Features Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Separate Meters

Water Access Desc Public

Street Surface Asphalt

Road Frontage City Street

Garage Yes

Building

Lot Description Back Yard, Front Yard, Landscaped, Level, Sprinklers In Ground

Entry Level Two

Foundation Poured

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 04220028404010000

Security Features Security System Owned,Fire Alarm

Special Listing Condition Standard

Listed by Engel & Völkers Western Frontier - Missoula
Natalee Pfile

Natalee Pfile

Agent

+1(406) 750-2290

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340 South AVE W