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Renovated Duplex with Detached Garage

208 Dixon Avenue Missoula, MT 59801

208 Dixon Avenue, Missoula, MT, 59801
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For Sale
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Five-bedroom, three-bath duplex with updated interiors, detached two-car garage, and newer roof, furnace, and water heaters.

Property Size2,108 SF
Price / SF$369.54
Days on Market94

Property Features for 208 Dixon Avenue

General Information

Standard status
Active
Size
2,108 SF
Property subtype
Multifamily

Building Details

Year Built
1965
Listing agency Congress Realty
Listed by Jared A English · License #RRE-BRO-LIC-87966
Source Crexi
Added: Apr 19 Updated: Jul 21 at 1:58PM Checked: Jul 21 at 1:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Congress Realty


Investment Insights

Based on property information with market context.

This renovated five-bedroom, three-bath duplex offers two distinct living sections, each with its own comfortable layout and living/dining spaces. The front portion features a cozy open concept living area, two large bedrooms, and a full bath, with large front windows overlooking a yard with a patio and native landscaping. The back portion includes an airy living and dining area with views into the yard, plus a renovated attached kitchen with stainless steel appliances. The main section provides two additional bedrooms that share a full bath, and a separate primary suite with an ensuite bath, walk-in closet, and direct access to the yard. A detached two-car garage supports off-street parking needs.

Located at 208 Dixon Avenue in Missoula, the property is described as a 1965 home and includes substantial recent updates such as a new roof, furnace, water heaters, flooring, gutters, windows, and updated baths and appliances.

Key Highlights

  • Five‑bedroom, three‑bath duplex built in 1965 with flexible living and rental potential
  • Detached two‑car garage plus a front yard with patio and native landscaping
  • Renovated attached kitchen with stainless steel appliances

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $44.5k $21.12
− Vacancy −$3.6k −$1.71
EGI $40.9k $19.41
− OpEx −$18.4k −$8.73
NOI $22.5k $10.68
2,108 SF · lease $21.12/SF/yr · vacancy 8.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$321.5K
$281.3K – $375.1K (±1% cap)
NOI $22,503 @ 7.0% cap · market cap 2.89%
Second Best
Multifamily LT 5
$301.3K
$263.7K – $351.6K (±1% cap)
NOI $21,094 @ 7.0% cap · market cap 2.71%
Theoretical Best
Specialty Retail
$607.8K
$531.8K – $709.1K (±1% cap)
NOI $42,545 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Five-bedroom, three-bath duplex with updated interiors, detached two-car garage, and newer roof, furnace, and water heaters.
Where is this duplex located?
The property is located at 208 Dixon Avenue Missoula, MT.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Five‑bedroom, three‑bath duplex built in 1965 with flexible living and rental potential; Detached two‑car garage plus a front yard with patio and native landscaping; Renovated attached kitchen with stainless steel appliances
Contact an agent
(888) 881-4118 Call to check price and availability
More about this property
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