Investment Property for Sale at 2329 Fairview Avenue in Missoula, MT for $737,000

2329 Fairview Avenue | Missoula

$737,000

This charming triplex property in the Franklin to the Fort neighborhood is an excellent investment opportunity, with steady rental income and long-term tenants. Centrally located just minutes from grocery stores, restaurants, shopping centers, and the Bitterroot Bike Trail offering a convenient commuting and recreation route through the core of Missoula. Comprised of three spacious 2-bed, 1-bath units, boasting large windows and natural sunlight, ample storage and shared washer/dryer facilities with additional storage in the basement. Each unit benefits from covered entrances, on-site designated parking spaces, direct access to a large shared backyard & covered patio. Mature landscaping enhances year-round curb appeal and privacy. There may also be opportunities to add density on the large lot, currently zoned as RM2.7 with a place type designation of Urban Residential High. BUILDING AREA: 3,360 SF - (3) Two-Bedroom One-Bath Units+ Shared Laundry/Mech./Storage - 1,120 SF per level - 8-ft wall heights 6-7 Off street dedicated parking spaces on asphalt paved parking lot with ample additional on-street parking. Units 1 & 2 feature two private entrances with direct outdoor access, one main front entrance with covered concrete stoop and a secondary direct outdoor entrance with covered stoop/deck. Each unit is individually metered for electric and has a designated 50 gal water heater tank. Forced air heat is controlled separately through a central natural gas furnace (100,000 BTUs). RENOVATIONS: 2024 - Replaced Water Heater for One Unit 2023 - Roofing Updated w/ GAF Coating & New Flashing/Trims 2017 - Deck Structure Reinforced & Refinished Wood Flooring in Unit 2 MTR 30054687

Directions to property: Turn onto Clark Street off of South Avenue behind Winco, turn left onto Fairview Avenue, will be midway down the block on the south side.

MLS Listing ID: 
MTR 30054687
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$737,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Missoula
Address: 
2329 Fairview Avenue, Missoula, MT 59801, US
County: 
Missoula
Latitude: 
46.8458410
Longitude: 
-114.0355447
Building Details
Details about the building on a property.
Architectural Style: 
Multi-Level
Year Built: 
1960
New Construction: 
0
Basement: 
Partially Finished
Construction
Construction Materials: 
Wood Frame
Foundation Details: 
Poured, Basement
Roof: 
Built-Up
Porch: 
Patio
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air, Gas
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.22
Lot Size (Area): 
9,525
View: 
Mountain(s)
Waterfront: 
0
Lot Features
Parking Type: 
See Remarks
Garage: 
0
Public Record
Parcel Number: 
04220032241600000
Property Zoning: 
See Remarks
Contract Details
Details about the listing contract.
Disclosures: 
Owner Is Listing Agent
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Kelsey Ward
Listing Office Name: 
Katie L Ward Real Estate