340 SOUTH AVENUE W, MISSOULA, MT 59801

This 1951 Mid-Century charmer is a must see - a rare, turnkey, in-town property offering income, integrity, and proven care. Location and Opportunity define this unique offering. More than a single home, the property includes two independent dwellings in exceptional condition with maintenance records. 340 South Ave W is the primary residence & 342 South Ave W -fully upgraded 1910 carriage house / studio. The carriage house is rented at $1,100/month (market supports $1,200+), with separate water, power, and private access for each home. It has consistent long-term rental history and lives more like a neighboring home than a typical ADU-providing privacy while generating income to build equity. Main Residence (5bed/2bath 3068 sq ft) This inviting home features: Large eat in kitchen with original cabinetry and exceptional storage. Refinished original hardwood floors upstairs in excellent condition, cozy main living area with gas fireplace. New windows and trim, with Hunter Douglas blinds (upper level) Professionally painted interior and exterior. Spotless, move in ready condition. The finished basement offers: 2 conforming bedrooms, living room and 3/4 bathroom, lock off capability for added flexibility. Bonus TV room & generous utility storage. Carriage House studio (income property) includes private fenced yard and ample street parking. It is ideal for long-term rental, VRBO, guest house, home office or multigenerational living. Upgrades & improvements include: furnace, refinished original hardwood floors, bathroom upgrades, fence and patio, roof replacement, interior and exterior paint. This is a true second home - not an afterthought. Rental financials are available upon request. Garage & Site Enhancements: True 2 car garage, with reinforced beam, sheetrock, and full paint. New side door entry door for convenient access. Completely rebuilt driveway. Additional notes: total 3388 sq ft and bed/bath count includes the carriage house. New front sprinkler line installation and city meter work underway. Over $150,000 in verified improvements in the past 10 years, focused on systems longevity, structure, and integrity. Lender estimated upto $200K in additional buyer qualification potential based on the carriage house rental income history. This is a rare opportunity to own a well-cared-for property that seamlessly blends mid-century charm, modern upgrades, and meaningful income potential in an unbeatable in-town location.