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Historic Duplex with Separate Units
New
For Sale
$650,000

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

ResidentialIncome, Missoula, MT

Property SizeContact for details
Lot Size0.18 Acres
Days on Market3

Property Features for 238 & 242 S 5th Street E

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description U-R4
Rooms Basement
Parking features On Street
Interior features WalkInClosets
Appliances Range, Refrigerator
Directions Corner of S 5th St. E and Ronald Ave. Behind The Reed Condominiums.
Standard status Active
APN 04220022314050000
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 21 - 22, BLOCK 12, MONTANA ADDITION, S22, T13 N, R19 W
Tax Annual Amount 6701
Legal Description Lot 21 - 22, BLOCK 12, MONTANA ADDITION, S22, T13 N, R19 W

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Roof type Composition
Listing Agency: Keller Williams Western MT · Keller Williams Realty
Listed By: Kris Hawkins · License #RRE-BRO-LIC-12537
Added: Aug 31 Changed: Sep 1 Last Checked: Sep 2 at 1:06AM
MLS# 30077525

Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Constructed in 1910, this duplex contains two independent two-bedroom, one-bathroom residences. Both units feature wood flooring and walk-in closets, while the main-level home adds high ceilings, pocket doors, a mudroom, and access to an unfinished basement. Each kitchen includes an oven and refrigerator. The upper residence has a living room with wood floors and a clawfoot tub with shower.

The property occupies a 0.179-acre corner parcel at 238 & 242 S 5th Street E in Missoula’s University District. Downtown, the Hip Strip, and the University of Montana are within walking distance. A shared yard, mature trees, and underground sprinklers serve the exterior. Water, gas, and electric are separately metered. The main-level unit is leased through August 2027, while the upper unit is month-to-month.

Key Highlights

  • Two separate 2‑bedroom, 1‑bathroom units
  • Built in 1910 on a 0.179‑acre oversized corner lot
  • Main‑level unit leased through August 2027; upstairs unit is month‑to‑month

Property Analytics

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
Multi-tenant
Tenancy
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

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 leased residences offer distinct living spaces, separate utility metering, and shared outdoor areas near central Missoula amenities.
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 separate 2‑bedroom, 1‑bathroom units; Built in 1910 on a 0.179‑acre oversized corner lot; Main‑level unit leased through August 2027; upstairs unit is month‑to‑month
More about this property
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