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$1,100,000   Price Analysis
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Nhn Montana Ave
Missoula, MT 59802
Unknown bed None bath 1,647 SqFt ($667/SqFt)
0.88 acre lot. Built 1940
Listed 2023-05-15, Taxes $3,107
May be USDA loan restricted due to income limits
near Missoula

ATTENTION INVESTORS!

0.88 acres of land with 8 separate lots located close to downtown Missoula and The University of Montana campus. In addition to the land, this sale includes two single-fami ly homes and an adjacent mobile home park. Bth homes are solidly built and are each 2 bed/1 bath rentals.

One of the homes even offers a lower level mother-in-law space with a separate bathroom and entrance. The adjacent mobile home park offers 9 leased lots with the majority of the lots currently leased. The current owner generates a decent return but there is certainly room to maximize income. All of this land, rental income and development potential is within 7 minutes of downtown and UM.


Presented by Aaron Curtis at
Berkshire Hathaway HomeServices Montana Properties - Missoula.
Listing Agent Photo

Property MLS #30005490 from MontanaRegionalMLS

Dryer
Dishwasher
Microwave
Refrigerator
Washer
Laundry Features: InHall, MainLevel

Heating Features: Baseboard, Electric, ForcedAir, Fireplaces, NaturalGas
Heating: Yes

Basement Description: Finished, Partial

Breezeway
Road Surface Type: Asphalt

Lot Description: CornersMarked, FewTrees, Level
Lot Size Acres: 0.88
Lot Size Dimensions: 0.88
Lot Size Source: Plans
Topography: Level
Lot Size Square Feet: 38333

Parking Features: ParkingPad, OnStreet

View: City, Residential
Security Features: CarbonMonoxideDetectors, SmokeDetectors

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 2

Annual Tax Amount: 8185.340000000
Source Listing Status: Active
County: Missoula
Directions: Please navigate to 345 Montana Avenue, Missoula, MT 59802.
Tax Year: 2022
Source Property Type: ResidentialIncome
Parcel Number: 04220024109060000
Zoning: Residential
Zoning Description: Live/Make
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$148,938 + $114,840
$263,778
$3,107
2021$141,518 + $235,260
$376,778
$3,053
2020$129,470 + $110,460
$239,930
$3,359
2019$129,470 + $110,460
$239,930
$3,375
2018$105,821 + $79,200
$185,021
$2,725
2017$105,821 + $79,200
$185,021
$2,701
2016$107,593 + $63,360
$170,953
$2,379
2015$107,593 + $63,360
$170,953
$2,246
2014$unknown + $unknown
$129,383
$2,534
2013$unknown + $unknown
$129,278
$2,720
2012$unknown + $unknown
$124,334
$2,623
2011$unknown + $unknown
$120,019
$2,647
2010$unknown + $unknown
$115,502
$2,637

Listed 2023-05-15
$1,100,000
MontanaRegionalMLS
Price Changed 2023-05-11
$1,100,000
MontanaRegionalMLS
Listed 2022-05-17
$1,290,000
MontanaRegionalMLS

Year Built: 1940
Building Area Source: Estimated
Building Area Total: 1647
Building Area Units: SquareFeet
Building Features: LivingArea, PrivateRestrooms
Construction Materials: WoodSiding
Foundation Details: Poured, Basement
Levels: One, Two
Property Age: 84
Property Condition: UpdatedRemodeled
Roof: Asphalt
Structure Type: House
House Style: Cottage
Year Built Source: PublicRecords
Architectural Style: Cottage

Sewer: PrivateSewer, SepticTank
ElectricityAvailable
NaturalGasAvailable
SewerAvailable
Water Source: Private, Well

Rattlesnake Elementary School is a public elementary school located approximately 1.9 miles away.
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Hellgate High School is a public high school located approximately 2.6 miles away.
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Washington Middle School is a public middle school located approximately 3.3 miles away.
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Missoula Int'l School is a private elementary and middle school located approximately 1.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.