1930 Investment Opportunity in Missoula, Montana Featuring 3 Rental Houses on 1.36 Acres Across From the University of Montana

This property in Missoula, MT, boasts historical significance as it features three small rental houses on a 1.36-acre lot across from the University of Montana, ideal for student rentals. Built during the early 20th century, these structures showcase a modest bungalow architectural style with shingle siding, indicative of the period’s charm. Currently listed at $1,000,000, the total square footage is approximately 59,722 sq. ft., with around 26,000 sq. ft. buildable under new zoning protocols. While two houses require repairs, they offer potential for rental income or conversion for a single-family home. Future developments can reach heights of 30-35 ft., making it a versatile investment opportunity.
Front Entrance

A quaint historic home with a charming front entrance, featuring a white clapboard exterior flanked by large windows. The door, painted a soft shade, has a simple yet elegant design, complemented by a small set of turquoise steps leading up to it. Lush green grass surrounds the entrance, with untamed weeds peeking through, enhancing the rustic feel. Trees provide partial shade, creating a serene environment. Two parked vehicles are visible, nestled in a narrow driveway. The roof is adorned with shingles in a muted green hue, while a unique chimney design adds character to this inviting home.
Exterior View

A quaint exterior of a single-story, historic home showcases a classic design with white wooden shingles and a deep green roof. The facade features multiple windows with grid patterns, allowing ample natural light. A small flight of steps leads to the entrance, which is framed by a subtle overhang, adding architectural interest. The presence of lush greenery enhances the serenity of the setting, while a maroon Honda Accord is parked nearby. In the background, a carport is visible with a hint of another vehicle, indicating a functional outdoor space. The overall atmosphere conveys a charming, homey appeal.
Front Entrance

The front entrance showcases a charming blend of vintage and practicality. The paneled wooden door features a mesh screen, emphasizing an inviting yet secure atmosphere. Beside it, a gray door with large glass panels adds a modern touch while allowing natural light to filter through. The house number ‘929’ is prominently displayed above the door, enhancing its identity. A wall-mounted light fixture casts a warm glow, creating a welcoming ambiance for visitors. The bright white siding contrasts with the natural green foliage, and nearby power lines and a mailbox suggest a lived-in, authentic neighborhood setting.
Exterior View

The image shows the exterior of a historic home, characterized by white wooden clapboard siding. The house features a low-pitched roof with exposed rafters and a chimney, which includes a distinct brick pattern at the top. There are two small windows with gray frames, offering understated views of the surroundings. Grass and wild vegetation are growing around the foundation, contributing to a rustic, slightly unkempt aesthetic. The house number ‘919’ is clearly visible on the wall, highlighting its identity. Overall, the design reflects a simple yet classic American architectural style in a natural setting.
Carport Exterior

The image shows a carport linked to a home, characterized by a simple, functional design. The roof has a gentle slope, supported by clean, white beams. The structure features a grayish-blue shingle exterior on the side, contrasting with the crisp white of the carport. Nearby, a red trailer adds a pop of color to the scene, while a silver car is neatly parked inside. Overgrown vegetation runs along the asphalt driveway, hinting at a natural, rustic charm. The dark green tree line in the background complements the muted tones, enhancing the serene, suburban environment.
Home Office

This home office features a cozy and inviting atmosphere. A dark wood floor contrasts with a vibrant green area rug that adds a pop of color. The sleek black desk holds two laptops and a monitor, indicating a functional workspace. Black mesh office chair complements the modern design. A plush brown sofa on the right provides a relaxed seating option, adorned with a textured yellow pillow for warmth. Musical instruments like guitars and a banjo stand against the wall, enhancing the creative vibe. Bright yellow curtains frame the window, drawing in natural light and plants, adding a touch of nature.
Bedroom

A cozy bedroom features warm wooden paneling that adds a rustic charm. Sunlight filters through the window, dressed with cheerful yellow curtains. A patterned quilt in black, gray, and white sprawls across the bed, giving a modern touch. Nearby, a minimalistic white lampshade rests on a slender metal base, illuminating the room softly. An air conditioning unit is positioned above an end table, which houses a small stack of books, contributing to the room’s practicality. The overall aesthetic blends warmth with comfort, creating an inviting atmosphere for relaxation.
Kitchen Details

A quaint kitchen featuring white cabinetry and a vintage feel. The recessed lighting highlights a rustic wooden countertop beside a retro Whirlpool refrigerator. A small, round table with a weathered red surface is accompanied by mismatched chairs, emphasizing a cozy, informal dining space. Sunlight streams through a window dressed in golden curtains, adding warmth to the otherwise neutral palette of the walls and tiles. An overhead light fixture complements the soft illumination. Shelving displays glassware and plates, while a basket holds fresh produce, creating an inviting atmosphere that combines practicality with homey charm.
Kitchen Space

This kitchen features a compact layout, emphasizing functionality. The stovetop is situated near the wall, accompanied by a collection of spices on a floating shelf above. Practical elements, such as pot holders and storage units, enhance the utility of the space. A cylindrical water heater takes up corner space, showcasing a mix of contemporary and traditional design with exposed plumbing. The light-colored walls contrast with darker kitchen items. The overall color scheme is simple, dominated by white and muted shades, creating a clean and organized atmosphere, while also suggesting an intimate, homely feel.
Backyard View

The scene illustrates a backyard space featuring two distinct buildings. On the left, a weathered, pale blue structure has a textured, shingled exterior, with a few small windows framed in grey. The right structure is a more vibrant blue, complemented by a neatly angled roof. The surrounding area is overgrown with tall grass and wildflowers, giving the setting a natural, slightly unkempt feel. Power lines stretch overhead, adding to the rustic ambiance, while nearby, a partially visible vehicle sits against a chain-link fence, highlighting a communal, lived-in atmosphere alongside clear skies.
Backyard View

The backyard space features a gravel driveway leading towards two residential buildings, with an inviting blue house on the left. A large, blue dumpster sits nearby, contrasting with the warm tones of a wooden fence that encloses the property on the right. Lush green trees provide a natural backdrop, creating a serene atmosphere. The setting has an informal, rustic charm, highlighted by the overgrown grass and wild vegetation near the fence. A vehicle is parked to the right, adding a touch of everyday life to the scene, while power lines above hint at the home’s connectivity to the neighborhood.
Backyard View

The image shows a modest backyard area of a historic white house set amidst a lush, overgrown landscape. Gravel paths lead toward the front of the house, surrounded by tall grasses and wildflowers, indicating neglect or a lack of recent maintenance. The structure features a peaked green roof and sits at a slight angle, revealing multiple windows on its faΓ§ade. Nearby, wooden garden boxes hint at past gardening efforts. Power lines run along the side, contrasting with the natural greenery. The overall scene evokes a sense of rustic charm mixed with the potential for revitalization.
Listing Agent: Bob Zimorino of ERA Lambros Real Estate Missoula via Zillow