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307 Speedway Ave, Missoula, MT, 59802

2beds
1baths
1,494sqft
$399,000
$267price/sqft
$2,317/moest. monthly cost
$92,680/yrincome needed

About This Home

307 Speedway Ave presents a rare value-add opportunity in the heart of Missoula for investors, flippers, or buyers ready to build sweat equity. Situated on two fully fenced lots totaling approximately .22 acres, this 2-bedroom, 1-bath home offers solid upside with key improvements already underway, including new windows installed in both bedrooms, the bathroom, and upstairs rooms. Inside, original hardwood floors span much of the home and offer the chance to be restored to their former character and charm. The layout provides flexibility with two bonus rooms upstairs that could serve as additional sleeping areas, office space, hobby rooms, or future expanded living. An unfinished basement adds even more untapped potential for storage, workshop space, or future finishing options. Outside, the detached garage is in need of TLC but adds additional utility and long-term value for the next owner willing to put in the work. This property is not turnkey and is priced accordingly, making it an ideal canvas for someone looking to renovate, reposition, and create equity. With lot size, square footage potential, and classic features already in place, the upside here is undeniable for the buyer with vision.

Getting Around

24
WalkingCar-Dependent
22
TransitMinimal Transit
37
BikeSomewhat Bikeable

Schools

9/10
8/10
Washington Middle SchoolGrades 6-83.2 mi
6/10
Hellgate High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1943

Materials

  • Foundation: Poured
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Freezer,Range,Refrigerator,Washer
  • Laundry features: Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0

Heating

  • Heating features: Forced Air

Interior Area

  • Total interior livable area: 1,494 sqft

Property

Details

  • Parcel number: 04220024116150000
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Front Porch
  • Fencing: Chain Link
  • Has view: Yes
  • View description: Mountain(s),Residential
  • Topography of land: Level

Lot

  • Lot size: 9,583 sqft
  • Features: Back Yard,Level

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Avalanche
    AvalancheModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Avalanche
Ice Storm
Lightning
Wildfire

FEMA Declared Disasters in Missoula County and Montana

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance $118$1,416
Property Taxes $31$372
Electricity $151$1,812
Total$2,317$27,804

Income You'd Need if You Spent...

35% on housing$79,440/yr
40% on housing$69,510/yr
45% on housing$61,786/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 5.0%
5.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$267This listing

vs Other Active Listings

Avg $/sqft

ZIP 59802$219
Missoula County$310

vs Homes Sold Last Month

Median $/sqft

ZIP 59802$326
Missoula County$310

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-08Contingent$399,000
2026-05-18Listed for sale$399,000
2025-12-31Listing removed$434,000
2025-10-14Price change$434,000
2025-10-03Listed for sale$444,000

For Sale by Agent

AgentAshley Inglis
BrokerageEngel & Völkers - Bozeman

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