New

Downtown Missoula Investment Gem

$2,200,000
  • ~445 m² Total surface

Description

Unparalleled investment opportunity in the heart of downtown Missoula! The historic Newton House, a thoughtfully renovated 4 bedroom 3 bath home reconfigured into two separate duplexes, is filled with vintage charm and character. The property's exceptional location on Front Street is ideal for those wishing to live downtown, long-term or STR income and commercial projects. Each duplex has a private, separate entrance on the front and back of the property. This property is currently a popular STR that grossed over 107K in 2025. Projected STR income 130K if one of the homes is not owner-occupied. The Magpie features two spacious living/dining areas, a remodeled farmhouse kitchen with Sub- Zero refrigerator and dishwasher, and full bath on the first floor. The second floor family room separates the primary and second bedroom. A new bath has Carrara marble finishes and nickel fittings. The front porch is perfect for people-watching! The Meadowlark, accessed on Clay Street, has a new retro-designed kitchen, luxury appliances and period flooring. The living room and second bedroom feature hand-painted floors. The primary bedroom opens to a private courtyard. The duplexes have been lovingly renovated throughout, including new paint, hardwoods, high-efficiency HVAC, water heaters, landscaping, underground sprinklers. Food truck pad with sidewalk cafe license, plus storage area/ possible commissary kitchen. Pad is currently home to the iconic burger truck, Gary's Local. Leasing the pad could provide investment income. Zoned CBD- house can be demolished and built up to 12 stories lot line to lot line with no parking requirements. Re-design of Front Street to two-way traffic will enhance visibility/access. Since 2021, New Public Library, ROAM, 7 restaurants, 300 hotel rooms, luxury condo development within 3 block radius. The Clark Fork River/trails, Farmers Market, shops, restaurants, music venues within blocks of this unique property. Walk Score- 93
Features
Air-conditioningBasementGarage
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Engel & Völkers

Your advisor: Wynne W Winter

Property ID: AM-5521919

Property details
  • Object type

    Maisonette

  • Parking spaces

    1

  • Total surface

    ~445 m²

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