About This Home

This 3-bedroom, 2-bathroom single family at 518 Iowa Avenue in Missoula, MT is listed for $699,000 ($538 per sqft). Built in 2023, the home offers 1,300 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 2023
  • 0.11 acre lot

Property Details

2 full
#1 & 2
2023
Listing 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.

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

518 Iowa Avenue

Missoula, MT 59802

Property Details

Appliances

DryerDishwasherMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 518 Iowa Avenue is listed at $699,000 ($538/sqft). The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2023, 0.11 acre lot.

This property is listed by Barbie Wimett-Creveling and can be reached at 4068804264.

BW

Barbie Wimett-Creveling

Agent at Berkshire Hathaway HomeServices - Missoula

(406) 880-4264

Listed by Berkshire Hathaway HomeServices - Missoula · View on Broker Site

MLS# 30072933· Source: listhub· 21 days on market

Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

518 Iowa Avenue, Missoula, MT 59802

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