Missoula MT Historical Real Estate, Homes for Sale

Prime investment opportunity! This centrally located property, situated right across from the scenic Milwaukee Trail and adjacent to the vibrant Sawmill District, features two homes on one lot—perfect for owner occupancy with rental income or future development. The existing two-bedroom, one-bath home and neighboring studio have a strong rental history, offering steady income potential. With infrastructure already in place, including water at the street and sewer stubs on the lot, this property holds incredible potential for redevelopment into six townhomes. The seller is even willing to include architectural plans to help bring your vision to life! Both homes feature various updates including some windows and a new roof. Don't miss this excellent opportunity to have a property with so many options for the future.

1303 Dakota Street, Missoula

$850,000

3 Beds ⋅ 3 Baths ⋅ 30063512 MLS

970 S Reserve Street offers a unique opportunity to own a versatile property with strong income potential. The main residence is a three-bedroom, two-bath home on its own meter, complemented by two established apartment units within the structure—one one-bedroom, one-bath apartment and one two-bedroom, one-bath apartment—both equipped with full kitchens and separately metered. In addition, the property includes additional meters on the outbuildings currently in place, including a detached shed, providing further flexibility for future use. Located along a major corridor with convenient access to local amenities, this property provides long-term value and adaptability. Taxes and lot lines will be altered and can still be modified to meet a buyer's needs, which may affect the final price. The land may be purchased separately under MLS #30063522, & the combined land/residence is also available MLS #30063514. Chandeliers are not included.

970 S Reserve Street, Missoula

$1,950,000

30063514 MLS

970 S Reserve Street presents a compelling commercial investment opportunity featuring 1.15 acres of B3-2 zoned land with an existing single-family residence. The building is metered for three separate living areas, offering immediate income potential while allowing flexibility for future redevelopment or repositioning. With favorable zoning, strong frontage, and a central location along a major Missoula corridor, this property is well positioned for investors seeking both current cash flow and long-term upside. The large back yard offers a host of opportunities for investors potentially looking to develop multi-family or other commercial uses. This offering includes the residence and associated land; the land is also available separately under MLS #30063522, and a residential-only option under MLS #30063512. Any chandeliers within the residence will be removed prior to closing.

970 S Reserve Street, Missoula

$565,400

1 Baths ⋅ 30062102 MLS

SELLER FINANCING AVAILABLE. Seller will carry note with 50% down. Interest 1% above prime. Motivated Seller! Price Reduction! Bring all offers! Brand new finished floor in basement. Mid Town business office / residential building with great traffic flow. The buyer will have a vision to upgrade the building to suite their needs. Ready for an entrepreneur to make this vision a reality. Large open main floor with a handicap accessible bathroom. Lower level has 2 egress windows and separate outside access door and stairwell. Residential or commercial space ready for your development stamp. Located at 1526 South Avenue West at the intersection of Russell, Brooks, and South Avenue in the heart of Missoula MIDTOWN. Extreme auto and foot traffic from Tremper’s, The Western Montana Fair, Southgate Mall and including traffic into and out of Missoula. This building can be commercial use as you operate, your insurance, chiropractic, real estate, or hair salon, etc. Comes with ~9-10 Parking spaces. Some parts of property are ADA-accessible. ADA ramp available but not installed.

1526 South Avenue W, Missoula

$565,400

30061982 MLS

Owner will finance up to 50% of the purchase price! Bring all Offers! Motivated Seller! Mid Town business office/residential building with great traffic flow. New floors in basement. The buyer will have a vision to upgrade the building to suite their needs. Ready for an entrepreneur to make this vision a reality. Large open main floor with a handicap accessible bathroom. Lower level has 2 egress windows and separate outside access door and stairwell. Residential or commercial space ready for your development stamp. Located at 1526 South Avenue West at the intersection of Russell, Brooks, and South Avenue in the heart of Missoula MIDTOWN. Extreme auto and foot traffic from Tremper’s, The Western Montana Fair, Southgate Mall and including traffic into and out of Missoula. This building can be commercial use as you operate, your insurance, chiropractic, real estate, or hair salon, etc. Comes with ~9-10 Parking spaces. Some parts of property are ADA-accessible. ADA ramp available but not installed.

1526 South Avenue W, Missoula

$795,000

30061313 MLS

Located in Missoula’s desirable Riverfront neighborhood, this four-unit multifamily property offers a solid investment opportunity in a high-demand rental area. Built in 1920, the building retains elements of its early-century character while providing practical updates and functional layouts that appeal to long-term tenants. Its central location—just minutes from downtown, the Hip Strip, the Clark Fork River, and the city’s trail network—supports strong occupancy and consistent rental demand. Main floor unit is a 1+Bd and 1.5 baths with new paint & flooring! Upstairs is a large bright sunny 1 bdrm apt, with pantry, and extra storage in the attic area off of the kitchen. There are 2 basement units, one was completely remodeled from the studs out in 2015, and is a small 1 bdrm, and is super cute, the other basement apt is also a small one bedroom. Updates are: New water line, newer plumbing, newer windows, roof was installed in 2005, remodeled baths, and some new flooring on main floor, new electrical in upper unit, new shower in basement apt. , newer Rinnai heaters in both the upper and main units. Each of the four units configuration have bright living spaces, functional kitchens, classic trim details, and finishes appropriate for rental housing. The property benefits from mature trees, a covered front porch, and convenient off-street parking, with straightforward access to neighborhood amenities and public transit. Given its unit mix, established rental appeal, and placement in one of Missoula’s most walkable central neighborhoods, 512 S 2nd St W represents a reliable multifamily asset with long-term income potential. Call or email listing agent for financials.

512 S 2nd Street W, Missoula

$9,999,000

30060959 MLS ⋅ The Depot Restaurant & Offices; Public Defender's BLDG.

Investors, Restauranteurs, Developers don't miss this opportunity to own just short of a whole block in Downtown Missoula! The iconic Depot Restaurant building with two floors of offices, as well The Public Defenders office, fully leased building with 11+ years left on the lease. Both buildings share a parking lot with 70 spaces. A rarity in downtown Missoula. Of course an all Beverage Liquor License with gambling is included! These to properties can be purchased as one, or purchased separately. Check out MLS #30060836 or MLS #30046546 for more information on both properties.

201 W Railroad Street, Missoula

$4,999,000

30060836 MLS ⋅ Public Defenders Building BLDG.

Investors, check out his opportunity! This property is located in Downtown Missoula. This newly remodeled office building is just under 10,000 square and comes with 25 parking spaces. It is fully leased by the Missoula Public Defenders office and the lease runs through 2037 with yearly increases of 2.5%. This property offers a solid Investment opportunity in beautiful Downtown Missoula.

610 Woody Street, Missoula

$2,795,000

30060367 MLS

Prime Redevelopment or Owner Use Opportunity Rare 4.62+/- acre parcel just outside Missoula city limits with 15,300 +/- SF of functional buildings currently used as a church and educational facility. Offers interim income and strong potential for residential, institutional, or mixed-use redevelopment. Close to city utilities, with easy access to Reserve Street, Community Medical Center, Big Sky High School, and retail amenities. A prime opportunity for developers or owner-users in a rapidly evolving corridor.

3020 South Avenue W, Missoula

$579,000

3 Beds ⋅ 2 Baths ⋅ 30057882 MLS

Beautiful ranch style home in the Linda Vista area, walking distance to the new elementary school with a HUGE HALF ACRE LOT! Step inside to hardwood floors and custom oak cabinetry in the open kitchen, complete with a center island. Large windows fill the home with natural light, highlighting its timeless character and modern conveniences. The main floor features two bedrooms and a full bath with a jacuzzi tub for added comfort. The fully finished lower level offers an expansive layout with brand-new carpet throughout. You’ll find a large family room, a bedroom with egress, a bonus room, and a dedicated storage room along with a full bath. New water heater and recently serviced furnace. Enjoy Montana living at its finest in the massive, fully fenced backyard—featuring a deck, underground sprinklers, established fruit trees, and a storage shed. A private well provides fresh water with no city water bills. The oversized, heated garage includes built-ins, a workbench, and plenty of space for recreational gear and vehicles. Close proximity to Linda Vista Golf Course, stunning Blue Mountain views. This property is sure to impress and has plenty to offer. Your dream property awaits!

5020 Lower Miller Creek Road, Missoula

$1,200,000

5 Beds ⋅ 5 Baths ⋅ 30057788 MLS ⋅ Hatheway House BLDG.

Hatheway House has a rich history reaching back to the inception of Missoula. CAMA data shows it was built circa 1915, but other evidence suggests it may have been built closer to the turn of the century. This historic building is zoned RM1-35 and features 2 reception areas, 2 first floor conference areas and a 3rd conference room area on the 2nd floor. The 3rd floor has ample storage and additional office space available as well. In addition to the space in the main structure, there are also two apartments located in the rear of the property. This spacious Victorian home is uniquely located between downtown Missoula and just a stones throw from the University of Montana. This property has been renovated to be utilized as office space, but for the right buyer the vast number of rooms could be transformed into an amazing residential living space. The cavernous 1st floor could be remodeled and reimagined as one desires. The offices on the second floor were formerly bedrooms and could easily be used as such and the 3rd floor is an open slate for the right buyer's imagination. In its current configuration there are 2 half baths on the 1st floor being utilized as Men's and Women's restrooms. There is a full bath on the 2nd floor that is currently not being used and would need renovating. The Studio and Micro apartments located at the rear of the property each feature a full bath.

416 E Pine Street, Missoula

$1,200,000

30057791 MLS ⋅ Hatheway House BLDG.

Hatheway House has a rich history reaching back to the inception of Missoula. CAMA data shows it was built circa 1915, but other evidence suggests it may have been built closer to the turn of the century. This historic building is zoned RM1-35 and features 2 reception areas, 2 first floor conference areas and a 3rd conference room area on the 2nd floor. The 3rd floor has ample storage and additional office space available as well. In addition to the space in the main structure, there are also two apartments located in the rear of the property. This spacious Victorian home is uniquely located between downtown Missoula and just a stones throw from the University of Montana.

416 E Pine Street, Missoula

$828,000

30055620 MLS

Square feet / price per square feed are approximate. Attached 2 bed 1 bath guest / rental house. Near shopping, restaurants and Southgate Mall. A block from Brooks and very short distance to Reserve Street Enjoy many excellent restaurants in the immediate area. This is a very convenient neighborhood. Bring your creativity to finish the basement. The main duplex is very large with opportunities to customize the lower level. There main level has 2 bedrooms and laundry in the large bathroom. Currently you can fully use 2 bedrooms and 1 bath on the main level. The basement can be customized for more living space - with a large bedroom and a family a room that includes a wood burning fireplace. The basement was repaired by a professional company and is now perfectly prepared for your design The basement can also be converted to a large family living area. Attached to the main home is a 2 bedroom apartment with with plenty of room for a couple plus..., a private patio, including separate mail service. The upper level of the large home, has 2 bedrooms, bathroom with laundry, galley kitchen, nice dining room and a large living room with wood burning fireplace. The basement of the main house has had restoration performed and is now ready for your creative touch. Smaller unit looks like an attritive tiny house and has 2 bed, 1 bath with a nice private patio and on demand hot water systems, baseboard water heat, and each unit has it's own gas meter and and a water shut off. The total square feet in the main house is 2152 square feet although it is unknown if the square feet is combined for the total. Unit 2 square feet is unknown.

3711 & 3715 Schilling Street, Missoula

$1,595,000

1 Beds ⋅ 1 Baths ⋅ 30055773 MLS

This rare property offers 37.43 acres in a prime Missoula location with approximately 1,300 feet of private Bitterroot River frontage. The land is horse and livestock-friendly, with plenty of space for riding, grazing, and enjoying the open Montana landscape. Tenant lives on site. DO NOT ENTER PROPERTY WITHOUT APPOINTMENT! Listing Agent to accompany. A 900 sq. ft. log caretaker’s home provides comfortable guest or staff accommodations, while historic homestead buildings add character and potential for restoration. Existing water rights are included. The property features expansive open land ideal for ranching, recreation, or equestrian facilities, along with easy access to US Highway 93 for convenience. The setting offers stunning river views, abundant wildlife, and big Montana skies in every direction. With its combination of acreage, river frontage, and proximity to Missoula, this is a rare opportunity to create a private retreat, working ranch, or legacy property.

4301 93 Highway S, Missoula

$865,000

8 Beds ⋅ 5 Baths ⋅ 30051350 MLS

470 Strand in Missoula, MT offers an excellent opportunity to own your home and offset mortgage renting the other side, or rent both as a solid income producing asset. Possible rate buy-down options available, and owner financing also possible! Located near Sentinel high school, Lewis & Clark grade school, and Washington middle school this property offers exceptional walking capabilities & easy access to local amenities with its central location. The home has ABC Seamless steel siding, providing years of maintenance free durability and cost savings, and some hardwood floors inside. Set up as a duplex, each side boasts four bedrooms, with one unit having 2 1/2 baths and the other having two full baths. The fenced yard offers a great area to barbecue and play, & new possible zoning changes may add additional value to this property. The detached two car garage has been converted into two separate storage units, but could easily be converted back. If the new owner wanted to convert this home into a single-family residence, an ADU could possibly be built over the garage.

470 Strand Avenue, Missoula

$2,000,000

3 Beds ⋅ 2 Baths ⋅ 30048081 MLS

Comprising approximately 64 acres along the banks of the Clark Fork River, the Big Flat River Ranch offers a home with an exceptional blend of agricultural land, recreation, and proximity to Missoula. The property features around 1,800 feet of river frontage, where you can enjoy fishing, floating, and the sights and sounds of the running water—right out your back door. Located on the outskirts of Missoula, just minutes from downtown, the property strikes a rare balance of convenience alongside all the qualities of a farm and ranch property. The 2,496 square-foot home features three bedrooms and two bathrooms and has been partially remodeled. Inside, an open-concept layout with exposed beams and rustic finishes creates a warm, inviting living space that blends comfort with Montana character. It’s move-in ready, with room for further updates or personal touches. The land is level and well-equipped for horses and continued agricultural use. The property benefits from extensive water rights for irrigation and stock. Multiple wheel lines have historically irrigated approximately 26 acres of hay ground. In addition to the deeded acreage, the property is adjacent to a landlocked strip of Forest Service land, which increases river access and recreation opportunities. This property presents a rare opportunity to own productive acreage with river frontage, established agricultural infrastructure, and direct access to everything Missoula has to offer. Whether you want to work the land, enjoy access to prime fishing waters, or simply establish a home base with extra space, privacy, and long-term investment value, the Big Flat River Ranch offers a compelling foundation for a range of uses and represents a standout offering in the Missoula Valley.

3690 Big Flat Road, Missoula

$650,000

4 Beds ⋅ 3 Baths ⋅ 30047996 MLS

Great Location with many different uses. Upstairs has been a Airbnb and the building has had several other professional people working there. Doctors, Lawyers, art studio, etc. Zoned B2-2. Off street parking in the back. Property is currently being updated as of Aug. 4, 2026 you will like the improvements.

422 W Spruce Street, Missoula

$4,999,999

30046546 MLS ⋅ The Depot Restaurant & Offices BLDG.

I am pleased to present a rare opportunity in the heart of downtown Missoula Montana. The iconic Depot Bar and Restaurant and Offices has been under one owner for 52 years! *15900 Square foot building with 40 space parking lot. * 2nd and 3rd Floor offices, both fully leased! * Main floor: Fully equipped Bar\Restaurant with two fully equipped kitchens and bars. The bottom floor of this turnkey property includes an All Beverage Liquor License with Gambling, along with the furniture, fixtures, and equipment for both, The Depot Restaurant and Bar, as well as the Depot Deck. The second and third floor are leasable offices to provide instant income. The two floors have their own entrance with an elevator to service both floors Located in Missoula's beautiful downtown, there is plenty of traffic from the locals, as well travelers the stay in the numerous hotels in the downtown area. The luxury of owning an ample size parking lot makes visiting this restaurant/office building hassle free. The Depot has been labeled the "Place to Go" for decades no matter what the occasion is! Whether you want to sit inside for a more private dinner or hang out in the "Open Air" Deck on a beautiful Montana summer day. The establishment caters to all! Don't miss out on this rare opportunity to own a rare 15,000+ square foot building with a 40 space parking lot in downtown Missoula.

201 W Railroad Street, Missoula

$780,000

30036318 MLS

Excellent high-traffic commercial property with outstanding visibility facing Brooks Street, with daily traffic counts of 14,492 vehicles per day. Zoned C1-4 Commercial, this property features three separate commercial suites, providing flexibility for a variety of business or investment uses. All units are currently leased. Suite A offers 597 square feet, Suite B offers 742 square feet, and Suite C offers 703 square feet. Well suited for an investment opportunity. Ample parking is available along Holborn Street. Don’t miss this exceptional opportunity!

1803 Brooks Street, Missoula

$1,862,000

30035210 MLS

This multi zone property is located near 3rd Street and Russell with quick access to Reserve, Russell, Broadway and Higgins, also near The Hip Strip, University, Downtown, and Mid-town. The property has been used as the union hall and training center for the UA Local 459 Plumbers & Pipefitters for 70 years. The union will be building a new meeting hall and training center. There is potential for rent back until the new location is complete. All of the training equipment will be removed, however, built-in fixtures such as exhaust systems will remain. Most furniture and electronics will be removed. The 5,042 square foot building is on a 26,136 square foot corner lot and surrounded by refurbished new businesses, and single / multi-family homes. Ally easement behind the building.

1026 S 5th Street, Missoula

$5,950,000

2 Beds ⋅ 2 Baths ⋅ 30033782 MLS

Situated on the north end of Missoula, Montana, the Sky Range Ranch is an expansive 351.96 acre ranch and equestrian property presenting a rare opportunity to own a piece of local history and natural beauty. Dating back to circa 1883, the ranch features a historic home that is one of the oldest in the region. In addition to the historic home, a studio apartment, and a manager bunkhouse, provide comfortable accommodations for guests. The property includes all of the essential equestrian facilities such as a horse barn, outbuildings, corrals, and pastures with custom steel horse fencing. LaValle Creek meanders for approximately half a mile through the property, offering both scenic views and valuable water resources for irrigation and wildlife. Enjoy sweeping vistas of the Missoula Valley, Lolo Peak, and Snowbowl Mountain from the home and various vantage points throughout the property. Approximately 28 irrigated acres, along with historic water rights, support farming and grazing activities. The sale includes farming and irrigation equipment for immediate use. The quality horse hay produced at the ranch is in high demand with the local equine community. Well-maintained with mature landscaping, the property reflects meticulous care and attention. It is perimeter and cross fenced for livestock rotation. Despite its serene ambiance, the property is conveniently located only 3.5 miles from the airport and 8 miles from downtown Missoula. Rarely do we see ranch properties with so many desireable attributes this close to town. The Sky Range Ranch is a standout in today’s ranch market.

8925 LaValle Creek Road, Missoula

$5,950,000

2 Beds ⋅ 2 Baths ⋅ 30029173 MLS

Situated on the north end of Missoula, Montana, the Sky Range Ranch is an expansive 351.96 acre ranch and equestrian property presenting a rare opportunity to own a piece of local history and natural beauty. Dating back to circa 1883, the ranch features a historic home that is one of the oldest in the region. In addition to the historic home, a studio apartment, and a manager bunkhouse, provide comfortable accommodations for guests. The property includes all of the essential equestrian facilities such as a horse barn, outbuildings, corrals, and pastures with custom steel horse fencing. LaValle Creek meanders for approximately half a mile through the property, offering both scenic views and valuable water resources for irrigation and wildlife. Enjoy sweeping vistas of the Missoula Valley, Lolo Peak, and Snowbowl Mountain from the home and various vantage points throughout the property. Approximately 28 irrigated acres, along with historic water rights, support farming and grazing activities. The sale includes farming and irrigation equipment for immediate use. The quality horse hay produced at the ranch is in high demand with the local equine community. Well-maintained with mature landscaping, the property reflects meticulous care and attention. It is perimeter and cross fenced for livestock rotation. Despite its serene ambiance, the property is conveniently located only 3.5 miles from the airport and 8 miles from downtown Missoula. Rarely do we see ranch properties with so many desireable attributes this close to town. The Sky Range Ranch is a standout in today’s ranch market.

8925 LaValle Creek Road, Missoula

$555,000

30029011 MLS

ATTENTION Business Owners and Investors!! This Broadway mixed use commercial building is currently used as office space with a rental space upstairs. The commercial space is 1439 sf of office space. Offering a walk in front desk, multiple offices/storage rooms as well as a kitchenette and bathrooms. This space is well suited for a variety of ventures so bring your imagination and take advantage of this high traffic location. Upstairs is currently occupied as a 2 bedroom rental with 1412 sf. Downstairs is a 764sf unfinished basement space for additional storage. Parking includes 6 spaces (including 1 handicap) out back as well as some additional street parking. Don't miss this great opportunity!

414 W Broadway Street, Missoula

$2,499,000

30018594 MLS

If you're looking for Class A exposure, this is it. Located in the heart of Missoula at the famous intersection of Brooks and Russell (2501 S Russell and 2400 Brooks St), this property consists of both the Pruyn Veterinary Clinic and the point Vitamin shop; approx $19,000/mo net rents along with almost 50,000 cars/day crossing through the intersection. The property consists of approximately 11,600 sq ft between both buildings, situated on two separate legals and over 1/2 an acre and the owner would consider selling each parcel‌‌‌‌‌‌‌‌‌‌‌‌ separately.

2501 S Russell Street, Missoula

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Missoula Historical Real Estate