518 Iowa Avenue$699,000

Missoula, MT

1300.00 SF, 0.11 ACRE

$699,000

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Property Details

BIG PICTURE

HOME

1300.00

FT2

0.11

ACRE

Description

Exceptional Income-Producing Property with Two Detached Homes on One Lot | Built in 2023 This is not a duplex, it's two fully detached modern homes on one lot in East Missoula, offering exceptional flexibility, privacy, and proven income potential. Whether you're looking for a turnkey investment, a successful short-term rental, or the opportunity to live in one home while renting the other, this one-of-a-kind property delivers. The main residence features 2 bedrooms, 1 full bathroom, an attached one-car garage, and a private fenced backyard. It comes fully equipped with a refrigerator, range, dishwasher, microwave, washer, and dryer, making it move-in and rental ready. The standout A-frame home offers a loft-style bedroom, 1 full bathroom, a private fenced yard, and comes fully furnished and turnkey with a refrigerator, range, microwave, washer, and dryer. Previously operated as a seasonal Airbnb, it earned a perfect 5.0-star rating across 53 reviews and Airbnb's Guest Favorite designation. It also has a documented short-term rental income history over two successful seasons, with income records available to qualified buyers. Rent both homes, live in one and lease the other, or reactivate the A-frame as a thriving vacation rental. With modern 2023 construction, low-maintenance living, separate entrances, and private yards, this property offers exceptional versatility for investors and owner-occupants alike. Rarely does a property combine two detached homes, modern construction, proven rental performance, and outstanding income potential- all on one lot. Don't miss this unique East Missoula opportunity.

PRICE

$699,000

FEATURES

    • MLS #: 30073741
    • Lot: 4,792.00 sqft
    • Multi-Family
    • Built in 2023
    • Price/sqft: $537.69
Listing information is Copyright 2022 Montana Regional MLS. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified.

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Listed By: Barbie Wimett-Creveling, Berkshire Hathaway HomeServices - Missoula