Ranch-Style Duplex with Separate Living
For Sale
Under Contract
$656,000
104 Agnes Avenue, Missoula, MT 59801
ResidentialIncome, Ranch, Missoula, MT
Property Size2,300 SF
Lot Size0.22 Acres
Price / SF$285.22
Days on Market92
Property Features for 104 Agnes Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Zoning description
U-R2
Rooms
Basement, Laundry Room
Appliances
Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer
Directions
Travel south on Higgins, Turn Right on Anges, First house on the Right
Standard status
Active Under Contract
APN
04220033111060000
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ELMS ADDITION # 2, S33, T13 N, R19 W, BLOCK 1, Lot 12
Tax Annual Amount
5258
Legal Description
ELMS ADDITION # 2, S33, T13 N, R19 W, BLOCK 1, Lot 12
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Amenities
original hardwood floors
updated windows
underground sprinklers
mature trees
fully fenced backyard
gated covered breezeway
paver patio
shed
Building Details
Year built
1955
Floors in Building
1
Number of units
2
Roof type
Asphalt
Architectural style
Ranch
Listing Agency:
Keller Williams Western MT · Keller Williams Realty
(406) 926-3434
Listed By:
Emily Baker · License #RRE-RBS-LIC-89526
(406) 360-4983
Added: Jul 6
Changed: Oct 5
Last Checked: Oct 5 at 1:06PM
MLS# 30074325
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.
Investment Insights
Based on property information with market context.
Built in 1955, this ranch-style duplex configuration offers approximately 2300+ square feet with two adaptable living areas. The main level includes a living and dining area, three bedrooms, one bathroom, hardwood flooring, custom office woodwork, and updated windows. A separate lower-level area has its own entry, kitchen, living room, bedroom, bathroom, laundry, and storage, supporting use as an independent living space or part of a larger residence.
The property includes a single-car garage, a rear parking pad, and a storage shed. A covered breezeway connects to the fully fenced backyard, which features a paver patio, mature landscaping, and underground sprinklers serving the front, rear, and side yard areas. Public water and public sewer serve the property. The home is near the University of Montana, community gardens, and Mount Sentinel trails.
The property includes a single-car garage, a rear parking pad, and a storage shed. A covered breezeway connects to the fully fenced backyard, which features a paver patio, mature landscaping, and underground sprinklers serving the front, rear, and side yard areas. Public water and public sewer serve the property. The home is near the University of Montana, community gardens, and Mount Sentinel trails.
Key Highlights
- 2300+ square foot ranch‑style residence with two living areas
- Lower level includes a kitchen, bedroom, bathroom, laundry, storage, and separate entry
- Main level offers 3 bedrooms, 1 bathroom, living and dining areas, and original hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,553
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,060
$491.1K
Cap Rate 7%
$350,757
$350.8K
Cap Rate 9%
$272,811
$272.8K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$48.6K $21.12/SF
− Vacancy
−$3.9K −$1.71/SF
EGI
$44.6K $19.41/SF
− OpEx
−$20.1K −$8.73/SF
NOI
$24.6K $10.68/SF
Area
Missoula County, MT
Vacancy
8.10%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,060
Cap Rate 7%
$350,757
Cap Rate 9%
$272,811
Alternative Uses
Best Use
Apartment 5plus
$350.8K
$306.9K – $409.2K
NOI $24,553 @ 7.0% cap · market cap 3.74%
Second Best
Multifamily LT 5
$328.8K
$287.7K – $383.6K
NOI $23,015 @ 7.0% cap · market cap 3.51%
Theoretical Best
Specialty Retail
$663.1K
$580.3K – $773.7K
NOI $46,420 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Explore this area
Business Placement
Demographics for 59801, MT
30,629
Population
15,814
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
3,978
Density / Sq Mi
$55,022
Median Household Income
$34,320
Median Earnings
$1,086
Median Rent
$393,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Flexible residential property with a lower-level kitchen, private entry, fenced yard, garage, and rear parking pad.
Where is this duplex located?
The property is located at 104 Agnes Avenue Missoula, MT.
What is the asking price?
The asking price for this property is $656,000.
What are key features of this property?
This property features: 2300+ square foot ranch‑style residence with two living areas; Lower level includes a kitchen, bedroom, bathroom, laundry, storage, and separate entry; Main level offers 3 bedrooms, 1 bathroom, living and dining areas, and original hardwood floors
