Homes/Montana/Missoula/225 Eddy Avenue
CompCasa Property Analysis · condo

225 Eddy Avenue

Top-Floor 3BR/2BA Condo with Two Balconies Near UM

1,700 sqft, covered parking, modern upgrades in University District

3 beds2 baths1,700 sq ftBuilt 1984tuck-under
CompCasa valuation analysis
Estimated market value
$575,000
Low $550,000 · Midpoint $575,000 · High $600,000
Confidence85%Sales comparison approach
Last recorded sale$579,000Apr 14, 2025
Assessed value$464,7002025 assessment
CompCasa estimate$575,000Mar 6, 2026
Estimate vs. last recorded sale−$4,000 / −0.7%
$550,000$575,000 midpoint$600,000
Price / sq ft$338
Median sale price$674,450

Sales comparison approach using recent condo sales in the University District; adjusted for size, condition, and amenities.

About the property

Top-Floor 3BR/2BA Condo with Two Balconies Near UM

What stands out first at 225 Eddy Avenue is the sense of space—this top-floor condominium delivers an uncommon 1,700 square feet with no overhead neighbors and two private balconies accessible from the bedrooms. The layout reads like a comfortable urban retreat: a large living area updated with new windows (installed in the living room and master bedroom) that improve efficiency and temper Missoula’s seasonal temperatures. Sliding-glass access from sleeping areas expands living time outdoors without stepping off the top floor.

The primary suite is effectively a private wing, complete with a walk-in closet and its own bath; two additional bedrooms share thoughtful separation for guests, work-from-home needs, or student households. Mechanical comforts include central air and forced-air heating. Practical benefits extend to two assigned tuck-under parking spaces and a dedicated storage room on the covered parking level—rare conveniences in this part of the University District.

HOA stewardship is a key asset here: the monthly fee covers exterior upkeep, landscaping, snow removal, garbage, recycling, compost, water, sewer, internet and clubhouse access. Those services make condo living feel more like living in a low-maintenance single-family setting while keeping you steps from campus and downtown life. Recent pricing activity (reduced to $579,000) aligns with comparable valuations for this neighborhood, positioning the unit competitively for owner-occupants and downsizers who want walkable access to university amenities.

Location is central to the appeal. The University of Montana sits a block away, the Clark Fork River and its trails are within minutes, and downtown restaurants and galleries are an easy walk or short bike ride. Three bus stops within a few blocks provide transit options year-round. Whether you’re an academic, a professional seeking urban convenience, or an investor drawn to strong rental demand in the University District, this condo blends practical systems, generous square footage, and location advantages into a rare offering in Missoula's market. Buyers are encouraged to review HOA documents and schedule a professional inspection to confirm all details.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$715,000
Property address542 Eddy Ave, Missoula, MT 59801
3 bed2 bath2,171 sq ft0.1 mi4,966 sq ft lot$329/SF
Sold Nov 15, 2025
Subject difference
  • 471 SF larger
Research comparison noteSingle-family home with larger square footage and lot size; higher price point reflects these factors.
Comp methodology: Comparable sales and rentals were selected based on proximity, size, and bedroom count to provide an accurate market analysis.
Property details

A 1984 modern.

Building

Year built1984
ConstructionModern
Heatingforced air
Coolingcentral air

Site & utilities

Garagetuck-under
Stories1
ConditionGood
BasementNone
FireplaceNo
Improvement notesTop-level unit with no overhead neighbors; new windows in master bedroom and living room; access to two balconies from all bedrooms
ParkingAssigned Tuck Under Garage
Parking spaces2
Parking notes2 dedicated parking spaces in covered parking level
AccessStandard residential access from Eddy Avenue
WaterPublic
SewerPublic
ElectricConnected
Location & nearby

University District

Researched nearby locations

University of Montana (0.2 mi)
Clark Fork River (0.3 mi)
Downtown Missoula (1 mi)

Location

225 Eddy Avenue, Missoula, MT 59801

View in Google Maps
Editorial neighborhood context

The University District is a lively, pedestrian-minded pocket of Missoula where campus life blends into urban amenities. Residents enjoy immediate access to the University of Montana, cultural venues, local coffee shops and a network of riverfront trails along the Clark Fork. The neighborhood draws academics, professionals, and families seeking close-in convenience and walkable routines—downtown is a short ride away, and multiple bus lines serve the corridor. Well-rated local schools and a steady demand for nearby rentals reinforce the district’s stability and long-term appeal.

Nearby access summary

Excellent riverfront access and trail connectivity—Clark Fork River trails within a few blocks, multiple local parks, and easy biking to downtown; outdoor activity is a major lifestyle feature.

ElementaryPaxson School (8/10)
Middle schoolWashington Middle School (7/10)
High schoolHellgate High School (6/10)
School districtMissoula County Public Schools
Market context

A factual market snapshot around 225 Eddy Avenue.

Median sale price$674,450
Editorial market perspective

The University District in Missoula continues to show healthy demand, driven by proximity to the University of Montana and downtown amenities. Median listing price for the University Historic District sits at approximately $674,450, reflecting a strong neighborhood market. This unit’s estimated valuation range ($550,000–$600,000) and current list price of $579,000 align closely with local comparables—nearby single-family sales and larger condominium transactions indicate robust pricing for quality, well-located units. Rental demand remains solid here; a market rental estimate for comparable 3-bedroom units is about $2,500/month, underwriting potential investor returns in a high-occupancy micro-market. Public data on inventory months and average days on market for the sub-neighborhood are not available in this dataset, but anecdotal signals and recent comps suggest the area skews toward a seller-favorable environment. Prospective buyers should weigh the comprehensive HOA package and confirm recent interior updates during due diligence; for owner-occupants, the combination of size, top-floor placement, and covered parking represent meaningful value in today’s University District marketplace.

Zoning & land use

Recorded zoning information.

Zoning

JurisdictionCity of Missoula
Assessor useCondominium
Current useResidential

Research-indicated uses

  • Residential
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$109,000
Assessed improvements$355,700
Total assessed$464,700
Assessment year2025
Annual property tax$3,980
Tax year2025

Sale history

2024-09-11$599,000 · $352/SF
2025-04-14$579,000 · $341/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,595/mo
Property address407 S 5th St E, Missoula, MT 59801
2 bed1 bath990 sq ft$1.61/SF
Leased Jul 15, 2025
Subject difference
  • 710 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
Research comparison noteSmaller unit with fewer bedrooms; lower rent reflects size and bedroom count.
02Monthly rent$1,825/mo
Property address528 S 5th St W, Missoula, MT 59801
3 bed1 bath1,500 sq ft$1.22/SF
Leased Aug 1, 2025
Subject difference
  • 200 SF smaller
  • 1 fewer bathroom
Research comparison noteComparable 3-bedroom unit with slightly smaller square footage; rent reflects market demand.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Built in 1984 with 1,700 sq ft of living space
  • Master bedroom includes walk-in closet and private bath
  • Monthly HOA fee of $541 covers extensive amenities
  • Located near Clark Fork River and multiple trails
  • Three bus stops within a 2.5-block radius

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm HOA fee and coverage details
  • Verify recent interior renovations and updates
  • Review HOA meeting minutes for any pending assessments
  • Professional home inspection
Highlights & features

What stands out about this property.

Interior Features

  • 1,700 sq ft top-floor plan
  • 3 bedrooms, 2 bathrooms
  • Primary suite with walk-in closet and private bath
  • New windows in master bedroom and living room
  • Central air and forced-air heating
  • Private balconies accessible from bedrooms
  • No overhead neighbors (top-level unit)

Exterior & Lot

  • Assigned tuck-under parking (2 spaces)
  • Dedicated storage room on covered parking level
  • Exterior maintenance and landscaping covered by HOA
  • Clubhouse access included in HOA

Location & Neighborhood

  • 0.2 mi to University of Montana
  • 0.3 mi to Clark Fork River and nearby trails
  • Approximately 1 mi to Downtown Missoula
  • Multiple bus stops within a 2.5-block radius
  • University District lifestyle—walkable to campus and cafes

Walkability & Recreation

  • Walkability Rating: 78/100 — Some errands and transit within easy walking distance
  • Nearby parks and green spaces along the Clark Fork River
  • Hiking and biking trails within a short distance
  • Golf courses: (not specified in supplied data)
  • Running/walking paths along river corridor
  • Community clubhouse and recreation amenities included via HOA
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Zillow listing for 225 Eddy Ave, Missoula, MT 59801View source
2
Realtor.com listing for 225 Eddy Ave, Missoula, MT 59801View source
3
Redfin listing for 225 Eddy Ave, Missoula, MT 59801View source
4
Missoula County Department DirectoryView source
5
Realtor.com search results for 3-bedroom homes in University Historic District, MissoulaView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.