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Two-Home Duplex Property
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211 & 213 Clyde Street, Missoula, MT 59802

Two separate homes provide distinct living spaces, including a two-story residence and a fenced backyard.

Property Size2,089 SF
Price / SF$294.40
Days on Market66

Property Features for 211 & 213 Clyde Street

General Information

Standard status Active
Size 2,089 SF
Property subtype Multifamily

Units

Unit Mix 1 x 2BR/2BA, 1 x 3BR/1BA
Multifamily Units 2

Amenities

fenced backyard
shed

Building Details

Year Built 1920
Buildings 2
Units 2
Listing Agency: Bannack Real Estate
Listed By: Justin Daymude · License #RRE-RBS-LIC-79609
Source: Crexi
Added: Aug 1 Changed: Sep 8 Last Checked: Oct 4 at 9:23AM

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 Bannack Real Estate

Investment Insights

Based on property information with market context.

This duplex property comprises two separate single-family homes on a corner lot, totaling 2,089 square feet. Built in 1920, the residences offer distinct layouts and living arrangements. Unit 211 includes 2 bedrooms and 2 bathrooms, along with tile showers, new flooring, and a fenced backyard. Unit 213 is a two-story home with 3 bedrooms and 1 bathroom, plus a shed for additional storage.

Unit 211 is vacant, while Unit 213 is occupied. The property is located in East Missoula at 211 & 213 Clyde Street, providing two homes within one residential income property.

Key Highlights

  • Two separate single‑family homes on a corner lot
  • 2,089 square feet across both residences
  • Unit 211: 2 bedrooms, 2 bathrooms, tile showers, new flooring, and fenced backyard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,300
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,000 $446.0K
Cap Rate 7%
$318,571 $318.6K
Cap Rate 9%
$247,778 $247.8K
Market Conditions
NOI Build-Up for 2,089 SF
Gross rent
$44.1K $21.12/SF
− Vacancy
−$3.6K −$1.71/SF
EGI
$40.5K $19.41/SF
− OpEx
−$18.2K −$8.73/SF
NOI
$22.3K $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%
$446,000
Cap Rate 7%
$318,571
Cap Rate 9%
$247,778

Alternative Uses

Best Use
Apartment 5plus
$318.6K
$278.8K – $371.7K (±1% cap)
NOI $22,300 @ 7.0% cap · market cap 3.63%
Second Best
Multifamily LT 5
$298.6K
$261.3K – $348.4K (±1% cap)
NOI $20,904 @ 7.0% cap · market cap 3.40%
Theoretical Best
Specialty Retail
$602.3K
$527.0K – $702.7K (±1% cap)
NOI $42,161 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Barber Shop Gym & Fitness Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby

Demographics for 59802, MT

19,892
Population
10,416
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
96%
High-School Grad
45.4 sq mi
ZIP Area
438
Density / Sq Mi
$65,054
Median Household Income
$36,541
Median Earnings
$1,021
Median Rent
$420,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate homes provide distinct living spaces, including a two-story residence and a fenced backyard.
Where is this duplex located?
The property is located at 211 & 213 Clyde Street Missoula, MT.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Two separate single‑family homes on a corner lot; 2,089 square feet across both residences; Unit 211: 2 bedrooms, 2 bathrooms, tile showers, new flooring, and fenced backyard
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