400 University Ave, Missoula, MT 59801
FOR SALE

400 University Ave
Missoula, MT 59801

University District
  • 4 Beds
  • 4 Baths
  • 3,031 sqft
  • 4 Beds
  • 4 Baths
  • 3,031 sqft

$1,800,000

Est. Mortgage $10,660/mo*
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Local Information

map showing home location
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-- mins to
Commute Destination

Description

Think new. Think historical. Think beautiful. Think open and simple layout and fixtures.
Just two blocks from the University of Montana’s main entrance and on one of the neighborhood’s grandest streets, you'll find a one-of-a-kind property with not one, but two impressive residences. Welcome to 400 and 402 University Avenue. 400 University Avenue is a 1910 classic brick home on a corner lot, and it has been totally renovated. The 2021 restoration retains early 1900s architectural details but has established the home as a truly modern living space. The restoration followed professional architectural plans that included moving the original staircase to open up passage on the main floor and adding new bathrooms, a galley kitchen, eye-catching windows, and more. You won't find a more modern flow and interior design that also preserves a classic Craftsman feel. A brand new double garage with an Additional Dwelling Unit (ADU) adds many options for the future owners of this property. As you walk through the front door to the 1700+ sqft main level, you step into an entryway open to both the living room and dining room. From the dining room, you move through a five-foot opening (which can be closed by a set of double pocket doors) to a brand new kitchen featuring large east facing windows, stainless appliances, an abundance of custom cabinetry, granite countertops, and marmoleum flooring. Two nice-sized main-floor bedrooms feature beautiful wood trim and generous closet space. One bathroom with zero-step shower and one half bathroom complete the main level living space. Under-the-stairs storage is an added bonus. Finally, the new laundry/mudroom addition is located at the back of the house off the kitchen, and leads to a back entry. Upstairs features a
spacious bedroom suite with full tub/shower bathroom, plus a bonus room/office, a sitting area, and under-the-eaves storage areas.The 1697 sqft unfinished basement houses mechanicals and offers lots of potential for maybe a wine cellar, sauna, home gym, or whatever you choose. Current use is as storage space. In addition to new sewer and water lines and connections, all of the mechanical–plumbing, electrical, HVAC, appliances–were installed new in 2021. Seller is providing a recent independent home inspection, which confirms the home's and it's mechanical systems' excellent condition.

Outside, a stunning wrap-around porch facing University and Hilda Avenues invites you to relax and chat with friends and neighbors. It provides an outdoor living room and an entertainment space. Between the house and garage/ADU is a stamped concrete patio that offers a private area for grilling and more.

402 University Avenue is a brand new, beautifully appointed, 592 sqft, one bedroom, one bath Accessory Dwelling Unit (ADU) located above the 713 sqft detached, double garage. The finished, heated garage can serve either the main house, the ADU, or both. Additional off-street parking adjacent to the alley and garage allows room for two more vehicles. (Rare and nice having 4 offstreet parking spots in the U area!) Add 2 City U Area residential parking permits for a total of 8.

DVG Architecture plans are available upon request. Koach Construction, LLC did a fabulous job bringing these architectural plans to life. Irene Easton, Divine Design, provided interior design touches.
High ceilings and quality finishes are found throughout both homes. The house is wired for security cameras. Wiring also allows shared internet service for the two dwellings, if desired. This property was intentionally designed to be the perfect home for aging in place.
See the extensive list of improvements in associated documents.

BONUS: Seller is willing pay up to $50,000 (Fifty thousand US dollars) towards buyer's loan interest rate buy down/closing costs.

Walk, bike, or take public transportation everywhere from the property. This heart of Missoula location is not only steps away from campus, but also convenient to downtown, the Clark Fork River, hiking trails, shopping, bakeries, Hip Strip restaurants, cafes, brewpubs, medical facilities, schools, churches and all amenities offered in our wonderful city.

Enjoy the online tour, but in-person or "live", "real time" virtual viewing will be the best way to fully appreciate this property. Make an appointment to see 400 & 402 University Avenue soon. You'll be glad you did.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$594
Listed
180+ days ago

Home Details for 400 University Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,Unfinished,Walk-Up Access
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas ConnectedAppliances: Dryer, Dishwasher, Range, Refrigerator, WasherDishwasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace

Exterior Features

Exterior Home Features
Foundation: Slab, Stone, Basement
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Additional Parking,Alley Access,Garage,Garage Door Opener,Heated Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Topography: Level

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Ranch
Building
Construction Materials: Board & Batten Siding, Brick, Wood SidingNot a New Construction
Property Information
Parcel Number: 04220027226010000

Price & Status

Price
List Price: $1,800,000Price Per Sqft: $594
Status Change & Dates
Possession Timing: Negotiable

Media

Virtual Tour (branded)See Virtual Tour

Location

Direction & Address
City: Missoula

Agent Information

Listing Agent
Listing ID: 30015958

Building

Building Area
Building Area: 3031 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 7797.24 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive AgencyListing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 30015958Living Area Range Units: Square Feet
Last check for updates: about 13 hours ago
Listing courtesy of Vickie M Honzel, (406) 531-2605
ERA Lambros Real Estate Missoula
Source: MRMLS, MLS#30015958

Price History for 400 University Ave

DatePriceEventSource
11/01/2023$1,800,000Listed For SaleMRMLS #30015958
08/20/2020--Sold
MRMLS #22012565
08/17/2020$579,900PendingAgent Provided
08/10/2020$579,900Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2023
Tax$9,040
Assessment$866,760
Home facts updated by county records

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Neighborhood Overview

University District
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about University District

  • Trulia User
    "people walking their dogs is commonplace in our neighborhood. many trails and walking routes available for dog owners. "
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  • Trulia User
    "It's a beautiful neighborhood that feels just right. Neighbors are respectful of one another and there is a huge sense of community here. I've lived here for over 10 years now, and am fortunate to have had the chance to live here. This neighborhood is very special."
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  • Trulia User
    "Over priced homes, too close to a university, attracts rude and entitled students. Terrible for property value, unreliable renting."
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  • Trulia User
    "I have lived in this neighborhood for over ten yrs now and all of the dogs I see are well loved, cared for, and are properly behaved. I've never seen a problem once. "
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  • Trulia User
    "College kids can be rowdy, but we're nice! I see a lot of little kids running around on campus and they are always welcome!"
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  • Trulia User
    "The neighborhood is very expensive to live it. Cost of living is high and very little provision for low income families. There’s also frequent crime in the area with poor traffic system and poor traffic markings or directions."
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  • Matthew F.
    "Rare times you hear someone speed through the neighborhood. Keep an eye on the kids. Otherwise it’s a great place for families. "
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  • Makapu5
    "Beautiful neighborhood close to UM, Rockin Rudies, Food for Thought, Bonner Park and many other great places. Beautiful old homes. Very friendly neighborhood."
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  • MissoulaU
    "The area epitomizes beauty, friendliness, access to the trails, the river, and mountains. The University provides a great backdrop and is essentially a gigantic park, but it also means some extra pedestrian and vehicle traffic on school days. Unparalleled access to Mount Sentinel and the Clark Fork. Exceptional, mature trees and wide boulevards. There are some rentals in the area (expected near the U) but most homes are sufficiently valuable that rental costs are high enough to keep the renters respectful of the property and therefore neighborhood. An amazing area."
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LGBTQ Local Legal Protections

Vickie M Honzel, ERA Lambros Real Estate Missoula
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
400 University Ave, Missoula, MT 59801 is a 4 bedroom, 4 bathroom, 3,031 sqft multi-family built in 1910. 400 University Ave is located in University District, Missoula. This property is currently available for sale and was listed by MRMLS on Nov 1, 2023. The MLS # for this home is MLS# 30015958.