Welcome to 117 Tyler Way in Lolo, Montana—a versatile and well-maintained multi-family property offering nearly 3,850 sq ft +/- of flexible living space on a 0.27 +/- acre lot with a generously sized back area ideal for potential expansion, additional units, or small-business use. Built in 1994 by locally owned and Montana-operated Ireland Contracting, the property has seen numerous interior and exterior upgrades within the last four years, enhancing its appeal and functionality. This income-producing property includes multiple units, each equipped with its own washer and dryer, making it highly attractive to both tenants and owner-occupants. Situated in a convenient and central location with easy access to Missoula, local services, and year-round recreation, this property offers strong rental potential and a flexible layout suited for investors, those seeking supplemental income, or buyers looking for future development opportunities. A rare offering with both immediate value and long-term versatility.
Don’t miss this solid multi-family investment in the growing community of Lolo, just minutes from Missoula. This fourplex features four spacious units, each with 2 bedrooms and 1 bathroom. Three of the four units are currently rented, providing immediate income potential. Recent updates include new appliances, fresh paint, and updated flooring in select units, while a shared coin-operated washer and dryer adds convenience for tenants. The property offers off-street parking and sits in a quiet neighborhood close to shopping, schools, and outdoor recreation. With strong rental demand in the area and a prime location just a short drive to Missoula, this fourplex is a fantastic opportunity for investors looking for stable cash flow and long-term growth.
SELLER FINANCING @ 4% interest rate w/ 30% down or @ 5% w/ 25% down FOR 7 YEARS. This new construction custom home + an ADU/granny flat is nestled on a private, tree-lined acre. This dual-purpose property offers the perfect blend of luxury & practicality for 2 separate households—ideal for multi-generational living. Prepare to be spoiled w/multitude of expensive upgrades! Air-conditioned UPSTAIRS: 3 spacious bedrms, an aroma-therapy shower, 2 bidets, a stunning vaulted ceiling & a dramatic fireplace. The kitchen has granite counters, walk-in pantry. LOWER LEVEL is a 2-bedrm granny flat (or rental ) w/a SEPARATE ENTRANCE, featuring its own high-end finishes, farmhouse sink, cabinets to ceiling. Details like radiant hydronic heated floors, a tiled-in dog-washing station, have been thoughtfully designed to elevate your lifestyle. Outside is a gazebo & slab for future hot tub. FURNISHINGS ARE INCL. **Click on blue & white bullseyes in virtual tour for more info. 2.5% CONCESSION + BONUS SELLER IS OFFERING TO FINANCE @ 5% FOR 7 YEARS w/substantial down-payment. Perfect property for luxurious 2nd home for TWO SEPARATE FAMILIES/OCCUPANTS. The kitchen has a 5 burner gas cooktop and walk-in pantry. A covered balcony with a southerly view, for morning coffee or tea, is off the kitchen. There is hydronic (water) radiant heating in floors throughout main and ADU levels that Builder says cost $100k so your feet can be spoiled forever too. There are 6 zones for heating individual areas, and a boiler for the hydronic floor heating and on-demand circulating hot water for sinks and showers with a back-up electric water heater. Fireplace in top house only. Now for the ADU/GRANNY FLAT: The front door is accessed behind the garages and opens into another air conditioned, open floor plan living space. The kitchen area has an island w/farmhouse sink, cabinets to the ceiling, an under-cabinet microwave drawer, and a stylish free-standing 6 burner gas stove/oven. Counters are quartz or granite Currently the dining area hosts a pool table next to living room area. On the wall next to pool table is plumbing to add a wet bar. A 3rd toilet/bidet combo in bath. The entire floor is stained concrete, again with hydronic radiant heat in the floors. The laundry room with 3rd set of washer dryer also houses the utility systems for both units. There is no direct access from upper unit to ADU, but both can be accessed from garages. Between the ADU and the heated garage is a walk-in dog washing station with hand-held shower fixture for the pets that won’t fit into its oversized sink. The heated pebble-tiled floor and walls make clean-up a breeze. The heated garage is a monstrous 1280 sq ft with 14 ft ceilings and 10 ft roll-up doors. It is outlet-ready to plug in electric vehicles. The paved driveway is wide, with room to park RV or extra vehicles. TV and Internet are currently Star-link, but house is wired for any other kind of dish or cable media reception. The COVERED GAZEBO: The driveway wraps around behind the garages, with an extention that goes past a cement slab prepared to add a hot tub or spa, to the furnished gazebo for ease of delivery of food, decor or more furniture. As an added bonus, Coulter Pine is sooo convenient. It's one block to Lolo Brewery & Grill, and within 4 blocks are gas station, motel, 2 banks, Lolo Drug store, grocery store, hardware store, liquor store, Pizza Hut and Dairy Queen & a casino. The post office, McDonalds, 2 more gas stations are a little bit further. The asking price INCLUDES ALL MODEL HOME-TYPE STAGING FURNITURE AND DECOR. (Motorized vehicle toys in garage are NOT included) This multi-generational combination of home and ADU provides many opportunities for a new owner: People with adult kids. Adult kids with aging parents. People with lots and lots of visitors. People who want to be together but live separately. People needing live-in help or care. In-laws. (or Outlaws!) Perhaps live on one level and rent out the other. Other possibilities? Come see for yourself if this can work for you!
Lolo is located in Montana. Lolo, Montana has a population of 4,338. Lolo is more family-centric than the surrounding county with 35.13% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Lolo, Montana is $62,617. The median household income for the surrounding county is $61,423 compared to the national median of $69,021. The median age of people living in Lolo is 32.1 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 24.7 inches per year, with 32.8 inches of snow per year.
