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Craftsman Triplex
For Sale
$1,150,000

323 Eddy Avenue, Missoula, MT 59801

MULTI_FAMILY - Craftsman - Missoula, MT

Property SizeContact for details
Lot Size0.15 Acres
Days on Market8

Property Features for 323 Eddy Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description 1
Rooms Basement, Laundry Room
Parking features Alley, On Street
Window features Screens
Exterior features RainGutters, Storage
Appliances Dryer, Range, Refrigerator, Washer
Lot features Back Yard, Front Yard, Landscaped, Level
View Mountains, City
Elementary school district District No. 1
Middle school district District No. 1
High school district District No. 1
Directions From Arthur Ave, west on Eddy or access from Hellgate High School east on Eddy
Standard status Active
APN 04220027235090000
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HAMMOND ADDITION, S27, T13 N, R19 W, BLOCK 3, LOTS 6 & 7 LESS 49' S30'
Tax Annual Amount 7695
Legal Description HAMMOND ADDITION, S27, T13 N, R19 W, BLOCK 3, LOTS 6 & 7 LESS 49' S30'

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas, Space Heater, Forced Air, Baseboard
Water source Public

Amenities

recycling bins
bike storage
grand front porch
alley access

Building Details

Year built 1925
Floors in Building 3
Number of units 3
Building materials WoodSiding
Architectural style Craftsman
Additional Structures Storage
Listing Agency: RE/MAX All Stars · RE/MAX International
Listed By: John T Herring · License #RRE-BRO-LIC-6639
Added: Aug 4 Changed: Aug 11 Last Checked: Aug 11 at 7:06PM
MLS# 30076120

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.

Built in 1925, this Craftsman property is configured as a legal triplex with three separate entrances and three leases. The residence has undergone extensive remodeling and includes a grand front porch, a rebuilt carriage house with bike storage, recycling bins, and additional storage. Appliances include a range, refrigerator, washer, and dryer. Exterior features include wood siding and rain gutters, while heating is provided through electric, natural gas, forced-air, space-heater, and baseboard systems.

The property occupies 0.15 acres at 323 Eddy Avenue in Missoula’s University Area, less than three blocks from the University and near the Hip Strip and Downtown Missoula. Public water and public sewer serve the property, with parking available on street and through the alley. The existing three-lease configuration supports continued multifamily use, while the layout also presents the stated possibility of conversion back to a single-family residence.

Key Highlights

  • Legal triplex with 3 leases and 3 separate entrances
  • 0.15‑acre property at 323 Eddy Avenue in Missoula
  • Less than 3 blocks from the University

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Florist Grocery & Convenience Store Plumbing Service Electrical Service

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,378
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal three-unit property with separate entrances, active leases, alley access, and a rebuilt carriage house for storage and bicycles.
Where is this triplex located?
The property is located at 323 Eddy Avenue Missoula, MT.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Legal triplex with 3 leases and 3 separate entrances; 0.15‑acre property at 323 Eddy Avenue in Missoula; Less than 3 blocks from the University
More about this property
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