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Historic Duplex with Shared Yard
For Sale
$650,000

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

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 Market10

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: Sep 8 Last Checked: Sep 9 at 5:14AM

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

Investment Insights

Based on property information with market context.

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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Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Home Appliance Store Butcher Florist

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
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 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 $650,000.
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
More about this property
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