Welcome to 1612 Bel-Air Place, a thoughtfully updated ranch-style home in the desirable Lewis and Clark neighborhood. This centrally located gem offers excellent investment potential with a flexible layout ideal for multi-generational living or rental income. On the main level you'll find 2 bedrooms, 1 bathroom, and a charming bonus room that opens onto the deck, perfect for relaxing or entertaining. Hardwood floors and built-ins throughout the main level add to the home's 1950s character. The lower level features 2 additional bedrooms, 1 bathroom, a kitchenette, and a separate entrance, making it a fully functional second living space. A shared laundry and storage area, plus an additional bonus room ideal for an office or extra storage, add to the home's versatility. Don't miss your chance to own this lovingly maintained and extensively updated home with endless possibilities! Recent updates ensure comfort and efficiency, including a new roof on both the house and detached 2-car garage, 2 new furnaces, new water heater, and new gutters. Additional improvements include fresh interior paint, updated appliances in both kitchens, new cellular shades on all windows, ceiling fans, and central A/C upstairs. The downstairs space has been enhanced with new LVP flooring, new windows, and a finished bonus room. Outside you'll find underground sprinklers, large fenced backyard, additional alley parking, and a deck with a charming gazebo, a wonderful space to relax and unwind in any season. Situated in a quiet neighborhood yet close to everything Missoula has to offer, this home is an outstanding opportunity for investors or owner-occupants alike. Both units are currently rented, with leases ending in June and July. Main level is currently rented for $2,200 per month with the lease ending 7.31.2025, with tenants willing to be flexible. Main level tenants pay all utilities. Downstairs is currently rented for $1,300 per month with the lease ending 6.30.2025. Not separately metered. See associated docs for full list of updates. Property is equipped with Ring doorbell.