340 South AVE W Missoula, MT 59801
8,102 Sqft Lot
Open House
Sun Jun 21, 12:00pm - 2:00pm
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
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 $1,100/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 underway.
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
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