For SaleCondo

$579,000

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

225 Eddy Avenue, Missoula, Montana 59801, United States

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

3

Beds

2

Baths

1,700

Sq Ft

1984

Built

2 tuck-under assigned spaces

Garage

Top-floor unit with no overhead neighbors1,700 sq ft — larger-than-average condo footprintTwo private balconies accessible from bedroomsTwo assigned tuck-under parking spacesHOA covers internet, water, sewer, garbage, recycling and clubhouseNew windows in living room and master bedroomCentral air and forced-air heating

About This Home

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.

Property Features

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

Neighborhood

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.

Market Insights

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.

Nearby Schools

Paxson School

Elementary

8/10

Washington Middle School

Middle

7/10

Hellgate High School

High

6/10

Walkability & Recreation

78
Walkability
82
Recreation

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.

Property Overview

225 Eddy Avenue is a 3-bedroom, 2-bathroom condominium located in Missoula's desirable University District. Built in 1984, this top-floor unit offers 1,700 square feet of living space, ensuring no overhead neighbors. The spacious master bedroom features a walk-in closet and a private bath, while all three bedrooms have access to two private balconies. Recent updates include new windows in the master bedroom and living room, enhancing energy efficiency and comfort. The unit comes with two dedicated parking spaces and a storage room in the covered parking level. The monthly HOA fee of $541 covers exterior maintenance, landscaping, snow removal, garbage, recycling, compost, water, sewer, internet, and clubhouse use. The property is conveniently located near downtown Missoula, the University of Montana, the Clark Fork River, and various trails and hiking opportunities. Three bus stops are within a 2.5-block radius, providing easy access to public transportation. (zillow.com)

Valuation Analysis:

Based on recent comparable sales in the University District, the estimated market value of this property ranges between $550,000 and $600,000, with a midpoint of $575,000. This valuation considers the unit's size, condition, amenities, and prime location. The current listing price of $579,000 aligns with this estimate, suggesting a fair market value. (zillow.com)

Location & Neighborhood:

The University District is a vibrant and sought-after area in Missoula, offering proximity to the University of Montana, downtown amenities, and recreational opportunities along the Clark Fork River. The neighborhood's appeal contributes to stable property values and consistent demand. (zillow.com)

Market Conditions & Trends:

The median listing price in the University Historic District is $674,450, indicating a strong market for properties in this area. The combination of location, amenities, and market trends suggests that this property is competitively positioned within the current real estate landscape. (realtor.com)

Overall Assessment & Recommendation:

225 Eddy Avenue presents a compelling opportunity for buyers seeking a spacious, well-maintained condominium in a prime location. The property's features, recent updates, and proximity to key amenities make it an attractive option for both owner-occupants and investors. Prospective buyers are encouraged to conduct a thorough inspection and review HOA documents to ensure the property aligns with their needs and expectations.

Investment Highlights

  • Top-floor unit with no overhead neighbors
  • Recent window replacements in master bedroom and living room
  • Two private balconies accessible from all bedrooms
  • Two dedicated parking spaces in covered parking level
  • Comprehensive HOA coverage including internet and clubhouse use
  • Proximity to University of Montana and downtown Missoula

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

Things to Consider

  • HOA fee of $541 may be considered high by some buyers
  • Potential for noise from nearby university activities
  • Limited information on recent interior renovations

Opportunity Analysis

Well-maintained condominium in a prime location with modern amenities and strong market positioning.

Potential Use Scenarios

  • Ideal for owner-occupants seeking proximity to university and downtown
  • Potential rental income opportunity given location and amenities
  • Consideration of HOA fees in overall budget planning

Risk Factors

  • HOA fees impacting affordability
  • Potential noise from university proximity
  • Limited recent interior renovations

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$550K

Midpoint

$575K

High

$600K

$338/SF estimated price per square foot

85% confidence

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

As of 2026-03-06

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$674,450

Demographics

University District is a sought-after area due to its proximity to the university and downtown, contributing to stable property values and demand.

Nearby Points of Interest

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

Proximity to University of Montana, Clark Fork River, and downtown Missoula offers a vibrant lifestyle with access to educational, recreational, and cultural amenities.

School District

DistrictMissoula County Public Schools
ElementaryPaxson School (8/10)
MiddleWashington Middle School (7/10)
HighHellgate High School (6/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1984
Constructionmodern
Stories1
Heatingforced air
Coolingcentral air
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Parkingassigned_tuck_under_garage
Parking Spaces2

Utilities

Waterpublic
Sewerpublic
Electricconnected

Zoning & Land Use

JurisdictionCity of Missoula

Allowed Uses

residential
Current Useresidential
Assessor UseCondominium

Tax & Sale History

Tax Assessment

Total Assessed$464,700
Land$109,000
Improvements$355,700
Annual Tax (2025)$3,980

Sale History

2024-09-11$599,000

$352/SF

Listed for sale

2025-04-14$579,000

$341/SF

Price reduced

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