Missoula $634,900

518 Iowa Avenue Missoula MT 59802

$634,900

30073741

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.

Listing Details

  • Year Built2023
  • Lot Size0.1100
  • Garage1
  • Year Built2023
  • Lot Size0.1100
  • Garage1

Location

Listing Agent: Barbie Wimett-Creveling
Listing Office: Berkshire Hathaway HomeServices - Missoula 1020 South Avenue West Missoula

The information on this sheet has been made available by the MLS and may not be the listing of the provider. Copyright (c)2026 Montana Regional MLS. All Rights Reserved. MRMLS All information provided is deemed reliable but is not guaranteed and should be independently verified.