970 S Reserve Street, Missoula, MT 59801
Missoula County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Structure Type
House / Multi Family
Year Built
1950
Living Area
3,053 sq ft
Lot Size
1.15 acres
Zoning
Business
Days on Market
173
MLS® Listing#
30063514
Property Features
Parking
Fencing
Foundation
Roof
Utilities
Financial Details
Annual Taxes
$7,517
Tax year 2025
Parcel Number
04220029247970000
Directions
On the corner of South Reserve and South 8th Street.
Affordability Calculator
$390,000
Estimated monthly payment
$10,379/mo
Principal $1,560,000 · Est. interest $2,176,339 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Missoula, MT
- $703,488
- Median Listing Price
- 67
- Median Days on Market
- 2,120
- Median Sq Ft
- $339
- Median Price / Sq Ft
- 413
- Active Listings
- This home’s price is 177% above the area median.
- Its price per sq ft is 88% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Missoula, MT.
Location
Points of Interest in Missoula, MT
Showing the Missoula area map.
Nearby Schools
Connole-Morton Schools
Secondary · 0.4 mi away
Hawthorne Elementary
Elementary · 0.6 mi away
Franklin Elementary School
Elementary · 0.8 mi away
Porter Middle School
Secondary · 0.8 mi away
Sussex School
Secondary · 0.8 mi away
The Growing Tree/Sprouts
School · 0.9 mi away
First Lutheran Classical School
School · 1.0 mi away
Big Sky High School
Secondary · 1.1 mi away
Aspire Middle and High School
Secondary · 1.2 mi away
Jefferson Fine Arts Building
School · 1.2 mi away
Willard Alternative High School
Secondary · 1.4 mi away
Missoula International School
Secondary · 1.5 mi away
Lil Griz Cub House
School · 1.5 mi away
Sunflower Montessori
Elementary · 1.5 mi away
St Joseph School
School · 1.6 mi away
Schools Parochial
School · 1.6 mi away
Garden City Montessori
Elementary · 1.7 mi away
Mayfly Montessori
Elementary · 1.7 mi away
Sentinel High School
Secondary · 1.8 mi away
Loyola Sacred Heart High School
Secondary · 1.8 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6481 Larch Canyon Road, Missoula, MT | $1,375,000 | 5 | 4 | 4,453 |
| 9791 Royal Coachman Drive, Missoula, MT | $1,397,500 | 4 | 3 | 2,470 |
| 11668 Gracies View, Missoula, MT | $1,399,000 | — | — | — |
| 2562 Spinner Fall Way, Missoula, MT | $1,399,500 | 3 | 3 | 2,283 |
| Lot 1A Stockyard Road, Missoula, MT | $1,400,000 | — | — | — |
| 4704 Aspen Drive, Missoula, MT | $1,400,000 | 4 | 5 | 3,637 |
Moving Cost Estimate
EXIT Agents in Missoula
Listing Courtesy: PureWest Real Estate - Missoula - 4065414000
Presented by: Devin Khoury
Last Updated: 2026-01-08