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Historic Duplex with Shared Yard

238 & 242 S 5th Street E, Missoula, MT 59801

For Sale
$600,000

Two separately metered units occupy an oversized corner lot near Downtown, the Hip Strip, and the University of Montana.

Property SizeContact for details
Days on Market68

Property Features for 238 & 242 S 5th Street E

General Information

Standard status Active
Property subtype Residential Income
Zoning U-R4

Units

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

Additional Details

Utilities to Site Yes

Amenities

unfinished basement
shared yard
mature trees

Building Details

Year Built 1910
Buildings 1
Stories 2
Units 2
Listing Agency: Keller Williams Western MT
Listed By: Kris Hawkins · License #RRE-BRO-LIC-12537
Source: Purewestrealestate
Added: Sep 1 Changed: Oct 25 Last Checked: Nov 6 at 5:10AM

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 Keller Williams Western MT

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Investment Insights

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Built in 1910, this duplex includes two independent 2-bedroom, 1-bathroom residences with wood floors and period details. The main-level unit has high ceilings, pocket doors between the living and dining rooms, walk-in closets, a mudroom area, and access to an unfinished basement for storage. The upper residence offers a large living room, walk-in closets, and a full bath with a clawfoot tub/shower. Both kitchens are equipped with an oven and refrigerator.

The property is positioned on an oversized corner lot with a shared yard, mature trees, and an underground sprinkler system. Water, gas, and electric service are separately metered. Unit 242 is leased through August 2027, while Unit 238 is occupied month-to-month. The address places the duplex within walking distance of Downtown, the Hip Strip, and the University of Montana.

Key Highlights

  • Two 2‑bedroom, 1‑bathroom units in a duplex built in 1910
  • U‑R4 zoning
  • Main‑level Unit 242 leased through August 2027; Unit 238 is month‑to‑month

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,221
Businesses Nearby

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

Average Price Trend$/SF for Duplexes in Missoula, MT

$280 Jul
$296 Aug
$312 Sep
$291 Oct

Properties on Market for Duplexes in Missoula

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered units occupy an oversized corner lot near Downtown, the Hip Strip, and the University of Montana.
Where is this duplex located?
The property is located at 238 & 242 S 5th Street E Missoula, MT.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units in a duplex built in 1910; U‑R4 zoning; Main‑level Unit 242 leased through August 2027; Unit 238 is month‑to‑month
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