Two Distinct Homes on One Lot in Prime Central Missoula Location!This rare and versatile property features two separate homes, each with its own fenced yard and detached single-car garage, located in one of Missoulas most walkable neighborhoods. A strong investment opportunity with established rental income and owner-occupant flexibility.315 Strand Avenue is a 4-bedroom, 2-bathroom home that has functioned both as a primary residence and a successful short-term rental. The main level offers an open-concept kitchen with granite countertops, peninsula seating, and direct flow to the dining area and living room. A gas insert in the original brick fireplace adds both charm and efficiency. The main floor also includes a full bathroom, a large bedroom, and a family room that opens to the backyard through French doors. Upstairs are two additional bedrooms: one with built-in cabinetry and a desk, and another spacious attic-style bedroom with built-in twin beds and abundant built-in storage. The finished basement features a private primary suite with walk-in closet, and a tiled bathroom with double vanity, and custom tile walk-in shower. A dedicated laundry room is also located on this level.Additional features include in-floor radiant heat, heated tile bathroom floors, and a professionally installed on-demand combination boiler system by New Era Plumbing. The backyard is fully fenced and landscaped, with a large shade tree and perennial beds leading to the detached garage. The front yard is equally inviting, with a large flowering shade tree and seasonal blooms.313 Strand Avenue is a charming 1-bedroom, 1-bathroom home currently leased to a reliable long-term tenant. The main level includes a living room, dining area, kitchen, bathroom, mudroom, and a flexible office space. Upstairs, a cozy bedroom is tucked beneath sloped ceilings and includes closet storage. Refinished original hardwood floors enhance the living and dining rooms, and the private fenced backyard leads to a detached one-car garage.This centrally located property is in a neighborhood close to restaurants, cafes, parks, the University of Montana, and the Missoula Fairgrounds. Area trail access to Mount Sentinel offers excellent running, hiking, and biking opportunities. A truly unique offering in the center of it all.