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Two-Duplex Residential Income Property

235 E Front Street Missoula, MT 59802

235 E Front Street, Missoula, MT, 59802
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For Sale
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Renovated downtown duplexes with separate entrances, turnkey updates, and STR-ready configuration for flexible income strategies.

Days on Market54

Property Features for 235 E Front Street

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1925
Listing agency Engel & Volkers WF Missoula
Listed by Wynne Winter · License #RRE-RBS-LIC-67997
Source Crexi
Added: May 30 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 4:03AM

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 Engel & Volkers WF Missoula


Investment Insights

Based on property information with market context.

A historic Newton House has been thoughtfully renovated and reconfigured into two separate duplexes, each offering a private, separate entrance on the front and back of the property. The home includes two living/dining areas, a remodeled farmhouse kitchen with Sub-Zero refrigerator and dishwasher, and a full bath on the first floor. Upstairs, a family room separates the primary and second bedroom, and a newly updated bath features Carrara marble finishes and nickel fittings. Updates across both duplexes include new paint, hardwood floors, high-efficiency HVAC, water heaters, landscaping, and underground sprinklers.

The property is located on Front Street and includes a food truck pad with a sidewalk café license, along with a storage area that could function as a possible commissary kitchen. The pad is currently home to the burger truck, Gary’s Local. The property has been operating as a popular short-term rental, grossing over $107,000 in 2025, with projected STR income of $130,000 if one home is not owner-occupied. Zoned CBD, the property notes that it can be demolished and built up to 12 stories lot line to lot line with no parking requirements.

For operators, this setup supports both live-in and income-focused use with separate duplex access, while the food truck pad adds an additional use component. For buyers and developers, the CBD zoning and noted redevelopment parameters provide a clear path for higher-density potential alongside the existing renovated income units. Walk Score is listed as 93, with the New Public Library, ROAM, multiple restaurants, hotel rooms, and nearby retail and activity options within blocks, including luxury condo development within a 3-block radius.

Key Highlights

  • Historic Newton House (built 1925) reconfigured into two separate duplexes with a total of 4 bedrooms and 3 bathrooms
  • Each duplex has private, separate entrances on the front and back of the property
  • Currently operating as an STR, grossing over $107K in 2025; projected STR income $130K if one home is not owner‑occupied

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Gary's Local $6 ... Restaurant

Suggested Use

Auto Parts Store Plumbing Service Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Quadplex - Renovated downtown duplexes with separate entrances, turnkey updates, and STR-ready configuration for flexible income strategies.
Where is this quadplex located?
The property is located at 235 E Front Street Missoula, MT.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Historic Newton House (built 1925) reconfigured into two separate duplexes with a total of 4 bedrooms and 3 bathrooms; Each duplex has private, separate entrances on the front and back of the property; Currently operating as an STR, grossing over $107K in 2025; projected STR income $130K if one home is not owner‑occupied
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