Request More Info
Schedule a Showing
Share
Print
|
This 1951 Mid-Century charmer is a must see - a rare, turnkey, in-town property offering income, integrity, and proven care. Location and Opportunity define this unique offering. More than a single home, the property includes two independent dwellings in exceptional condition with maintenance records. 340 South Ave W is the primary residence & 342 South Ave W -fully upgraded 1910 carriage house / studio. The carriage house is rented at $1,100/month (market supports $1,200+), with separate water, power, and private access for each home. It has consistent long-term rental history and lives more like a neighboring home than a typical ADU-providing privacy while generating income to build equity. Main Residence (5bed/2bath 3068 sq ft) This inviting home features: Large eat in kitchen with original cabinetry and exceptional storage. Refinished original hardwood floors upstairs in excellent condition, cozy main living area with gas fireplace. New windows and trim, with Hunter Douglas blinds (upper level) Professionally painted interior and exterior. Spotless, move in ready condition. The finished basement offers: 2 conforming bedrooms, living room and 3/4 bathroom, lock off capability for added flexibility. Bonus TV room & generous utility storage. Carriage House studio (income property) includes private fenced yard and ample street parking. It is ideal for long-term rental, VRBO, guest house, home office or multigenerational living. Upgrades & improvements include: furnace, refinished original hardwood floors, bathroom upgrades, fence and patio, roof replacement, interior and exterior paint. This is a true second home - not an afterthought. Rental financials are available upon request. Garage & Site Enhancements: True 2 car garage, with reinforced beam, sheetrock, and full paint. New side door entry door for convenient access. Completely rebuilt driveway. Additional notes: total 3388 sq ft and bed/bath count includes the carriage house. New front sprinkler line installation and city meter work underway. Over $150,000 in verified improvements in the past 10 years, focused on systems longevity, structure, and integrity. Lender estimated upto $200K in additional buyer qualification potential based on the carriage house rental income history. This is a rare opportunity to own a well-cared-for property that seamlessly blends mid-century charm, modern upgrades, and meaningful income potential in an unbeatable in-town location.
Property Type(s):
Single Family
| Year Built | 1951 | Garage Spaces | 2.0 |
|---|---|---|---|
| County | Missoula |
Additional Details
| APPLIANCES | Dishwasher, Dryer, Range, Refrigerator, Washer |
|---|---|
| BASEMENT | Concrete, Partially Finished, Yes |
| EXTERIOR | Rain Gutters |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | High Speed Internet |
| LOT | 8102 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Landscaped, Level |
| LOT DIMENSIONS | 0.186 |
| PARKING | Additional Parking, Garage, Garage Door Opener, Heated Garage, On Street, Attached |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 6966.65 |
| UTILITIES | Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected |
| WATER | Public |
| ZONING | 1 |
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Brian Murphy to contact you even if your name is on a Federal or State "Do not call List". | |
Listing provided by: Beth Baumstark, Engel & Völkers Western Frontier - Missoula | 340 South Avenue W
IDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email
