Missoula MT Multi Family for Sale
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- 30036787
ADDITIONAL INFORMATION
This listing has 2 individual homes on one lot in a very desirable neighborhood. This is an excellent purchase for buyers wanting: - Rental investment income - Student housing - Mother-in-Laws housing One home is at 446 Woodford and has 4 bedrooms and 2 bathrooms with basement - over 2100 square feet. The other home is 320 Beckwith and has 3 bedrooms and 2 bathrooms with upstairs - 828 square feet. These homes are in desirable SLANT STREETS, BETWEEN BROOKS, AND STEPHENS, WITHIN WALKING / BIKING DISTANCE TO DOWNTOWN, THE HIP STRIP, AND THE UNIVERSITY OF MONTANA. Missoula Planning and Zoning confirms the lot cannot be split but the homes can be converted to condominiums. Woodford is currently rented with Veritas Property Management through May 2025. The Beckwith home has long-term renters on a monthly lease.
- Type:
- Duplex
- Sq.Ft.:
- 1,728
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 30038414
ADDITIONAL INFORMATION
Take a minute to recognize this opportunity: A well-built duplex, in the heart of Missoula, located just a short jaunt from Downtown. Each Unit features two bedrooms, one bath, and a single-car garage. Fenced backyard, covered breezeway and ample parking. Easy access to the University, Sentinel High School, Pattee Canyon Recreation Area, Camby Taphouse, Missoula County Fairgrounds and much more. Easy jaunt to downtown, and all Missoula has to offer. Property being offered in as-is condition. Listed by Aaron Pagniano.
$795,000
524 S 5th Street Missoula, MT 59801
- Type:
- Duplex
- Sq.Ft.:
- 2,401
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- 30038109
ADDITIONAL INFORMATION
Step into the perfect blend of historic charm and modern updates with this beautifully maintained duplex! This property exudes character with classic built-ins while offering the convenience of contemporary living. Located in the heart of Missoula, you’ll be just minutes from the University of Montana, downtown, and the iconic Hip Strip. The main floor unit features 3 beds, and 2 baths, including a spacious upstairs primary suite with its own private bathroom, abundant natural light from a row of windows, and a private deck overlooking the backyard. There is a garage, off-street, and on-street options. The lower-level apartment boasts 2 beds and 1 bath, with lots of natural light, making it an inviting space for tenants or guests. The expansive backyard is a true retreat, featuring a second deck for relaxing or entertaining and backing onto the City of Missoula and high school recreation fields, as well as the Kim Williams Trail. This property is ideal for investors or owner-occupants.
$895,000
402 S 6th Street Missoula, MT 59801
- Type:
- Triplex
- Sq.Ft.:
- 2,544
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 30038112
ADDITIONAL INFORMATION
Charming Historic Gem: The Barn House: Step into a piece of Missoula history with The Barn House, a 1910 property bursting with character and charm. Named for its red paint and barn-shaped roof, featuring four unique living units, each updated while preserving its vintage appeal. Located near the U of M and downtown Missoula, it offers the perfect blend of city convenience and neighborhood charm, with 3 off-street parking spots, and additional on-street parking on Hilda Ave. Unit 1 has 2 beds, 1 bath, 750 sq ft, gorgeous bayed windows, and a new gas fireplace. Unit 2, upstairs has 2 beds, 1 bath, and 750 sq ft. Units 3 A and 3 B are in the basement and are each 300 sq ft studio apartments that share a bath and kitchen. This unit could be rented as one or separated as it is now. Fully leased with a fantastic rental history, this property has been meticulously maintained and tastefully updated. The Barn House combines historic charm with modern amenities in an ideal location.
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.26 Acres
- Baths:
- MLS#:
- 30038014
ADDITIONAL INFORMATION
Overview: Presenting an opportunity to acquire a unique multifamily investment property in East Missoula, well poised for income generation and future redevelopment because of excellent “Neighborhood Commercial” zoning, with income during the planning phase. This property, strategically situated six minutes from UM and surrounded by scenic trails and parks, offers both current rental income and significant long-term potential as Missoula's growth extends eastward. Property Details: -Units: -2 x 1-bedroom / 1-bath apts -1 large 9-bedroom unit with a shared kitchen, 2 full bathrooms, a dishwasher, washer, and dryer. Two Units within this main unit could be subleased. -3-car garage rented separately. Future Growth Potential: -Area Revitalization: Missoula County is planning to build new sidewalks, bike paths, streetlights, and crosswalks in front of property -Next to New Developments: Nearby new subdivision with 252 homes, with 95% of the traffic driving past this property.
- Type:
- Apartment
- Sq.Ft.:
- 5,419
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 30038007
ADDITIONAL INFORMATION
7 unit property in a fantastic location! This property at 412 E Spruce and 411 E Alder includes 6 residential units and 1 commercial space with 2 leased garage bays. The property is fully leased. 2 off-street parking spaces in front and 1 off street parking space in the back. New paint and flooring in 4 of the units in the last 3 years. Updated insulation, updated electrical in attics, high ceilings, near downtown, Black Coffee and the University. 4 Coin-op laundry machines. Listing agent is the owner of the property. Please call Shannon Hilliard at 406-239-8350 or your real estate professional today!
$1,650,000
744 S 6th Street Missoula, MT 59801
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1972
- Baths:
- MLS#:
- 30036567
ADDITIONAL INFORMATION
**Linnea Apartments: A Prime Investment Opportunity in Missoula** Located at 744 S 6th St W, The Linnea Apartments offer a rare chance to own a well-maintained, 16-unit studio complex in Missoula's vibrant 59801 zip code. This mid-century architectural gem sits prominently on a corner lot, boasting timeless design and excellent visibility. Each unit provides functional living spaces designed for efficiency and tenant satisfaction. On-site coin-operated laundry facilities enhance convenience, while the property's central location ensures easy access to local amenities, the University of Montana, and downtown Missoula. This property presents significant potential for investment buyers seeking steady rental income in one of Montana most sought-after markets. Don't miss this opportunity to expand your portfolio with a versatile asset in the heart of Missoula's rental market. Contact Chris Funston at (406)-560-4007, Zach Gratton at (406)-794-7572, Adam Hertz at (406)-239-1865, or your Real Estate Professional to schedule a showing.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.28 Acres
- Baths:
- MLS#:
- 30036355
ADDITIONAL INFORMATION
Very nice and spacious duplex next to the highlands golf course. spacious rooms and in good condition. Double garages. This duplex features large rooms and lots of light. Located on the golf course so you have no neighbors on that side. There is one unit with 2 bedrooms and 2 baths and one unit is 2 bedrooms and one bath. Great location. Good condition. Street appeal is great. Information is from owner, property manager and public records and is believed to be accurate however buyers and buyers agents must conduct independent due diligence as information is not guaranteed by listing broker. The units are very nice and open and each unit is around 1,000 s.f. with double garages tucked under the main living areas.
$799,000
603 S 3rd Street Missoula, MT 59801
- Type:
- Fourplex
- Sq.Ft.:
- 3,150
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- 30034872
ADDITIONAL INFORMATION
ATTENTION Investors! Step into this charming 1925 quadruplex in the heart of Missoula, Montana. Just off the covered porch on the main floor, are recently updated units 1 & 2, giving the living room and bedroom a renewed warmth and character. The kitchen is conveniently appointed with a refrigerator and peninsula/bar, creating the open concept feel and making meal preparation a breeze. Upstairs units 3 & 4, also just off the covered porch, offer inviting living areas and a cozy functional kitchen space. Each unit provides a bedroom and full bathroom. With four dedicated garages, this property has ample parking and storage. Each unit is individually metered and heat is individually serviced by 4 independent furnaces. Overall, this well-maintained quadruplex, is a great addition to your investment portfolio. Call Dave Wells at 406-640-1279, or your real estate professional.
$1,095,470
2300 McDonald Avenue Missoula, MT 59801
- Type:
- Cluster
- Sq.Ft.:
- 2,920
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- 30035230
ADDITIONAL INFORMATION
This well-maintained and recently renovated modern 6-unit multi-family property is an excellent investment opportunity, combining steady rental income with a profitable short-term rental unit. Fully renovated in 2020, all units feature modern amenities such as wood laminate flooring, porcelain tile in bathrooms, energy-efficient heating systems, updated cabinetry, and newer appliances and windows. Tenants benefit from their own designated storage space in a secure, shared storage shed, along with access to an on-site shared washer/dryer facility. Centrally located just minutes from grocery stores, restaurants, shopping centers, and other city amenities, the property sits right off the Bitterroot Bike Trail, offering a convenient commuting route through the core of Missoula. See associated docs for brochure, APOD, etc. Call or Text Katie Ward @ 406-596-4000 or your real estate professional.
$949,000
1110 Vine Street Missoula, MT 59802
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1901
- Baths:
- MLS#:
- 397478
- Subdivision:
- Other
ADDITIONAL INFORMATION
Turn of the century home in Historic Lower Rattlesnake. Currently configured as a 3 unit multi family but is able to be converted to a duplex or single family residence. Located in the desirable Lower Rattlesnake neighborhood, 1110 Vine St presents an excellent opportunity for those seeking a multi-family property. Recently updated with fresh interior and exterior paint, and featuring several new windows, this well-maintained dwelling offers three distinct units: Unit #1: A 470-square-foot upstairs apartment featuring one bedroom, one bathroom, and a living room. Unit #2: A 1,316-square-foot main-floor apartment with one bedroom, one bathroom, a living room, and washer/dryer hookups. Unit #3: A 1,636-square-foot apartment spanning the main floor and second level, offering two bedrooms (both with walk-in closets), one bathroom, a living room, dining room, and washer/dryer hookups. Conveniently located near Eastgate Center, where you’ll find shopping at Albertson’s and Ace Hardware, and just minutes from the University of Montana. Outdoor activities are easily accessible with nearby hiking trails on Mount Jumbo and Greenough Park. Whether you're interested in living on-site with additional rental income or investing in a fully rented property, 1110 Vine St offers flexibility, fresh updates, and a prime Missoula location.
$657,000
12947 Highway 93 Missoula, MT 59808
- Type:
- Duplex
- Sq.Ft.:
- 2,480
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 4.61 Acres
- Year built:
- 1997
- Baths:
- MLS#:
- 30034981
ADDITIONAL INFORMATION
Well-maintained & upgraded duplex on 4.61 Acres. Discover this charming duplex, built in 1997 & fully remodeled in 2020, offering 2,400 sq. ft. of living space split between 2 spacious apartments. The top unit features beautiful hardwood floors, a cozy fireplace, & 2 bedrooms. The bottom unit has an open-concept layout & includes 1 bedroom plus a versatile bonus room & ample storage closets. Key Features: - Recent Upgrades: New siding, a roof replaced just a year ago, & energy-efficient vinyl windows. - Utilities: A robust 17-gallon-per-minute well, just 80’ deep, & a septic system installed in 1997, ensure low-maintenance living. This property offers excellent potential for various uses. Whether you’re looking for a solid investment or planning to convert it into a spacious single-family home (once leases expire), this property offers plenty of room for horses & outdoor activities. Call/Text Katie Ward @ 406-596-4000 or your real estate professional.
- Type:
- Cluster
- Sq.Ft.:
- 3,032
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1992
- Baths:
- MLS#:
- 30032976
ADDITIONAL INFORMATION
Immaculately maintained 3 bedroom, 2 bath home with an adorable 2 bedroom ADU. The main house has over 3200 square feet total with the first floor offering an open floor plan, a spacious bedroom and full bath and in the basement are 2 more bedrooms, a large family room, utitlity room and plenty of storage. The spacious and functional kitchen was updated with granite counter tops and custom cabinets. The ADU, tucked away into the beautifully landscaped and thoughfully laid out backyard is cozy and comfortable with a sitting room open to the kitchen, a living room, and 2 bedrooms, full bath, and laundry room. This property feels welcoming from the moment you set eyes on it with a beautifully and thoughtfully landscaped yard with blooms that show from spring until fall, the inviting front porch, the backyard that offers beauty, privacy, and tranquilitity and the well established productive garden area. Centrally located within walking/biking distance of UofM, shopping, schools, and downtown. With 2 dwellings, there is opportunity for extra income - live in one and rent out the other - or for multigenerational living. Call Betsy Milyard at 406-880-4749 or your real estate professional to schedule a showing
- Type:
- Apartment
- Sq.Ft.:
- 6,656
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.1 Acres
- Year built:
- 1976
- Baths:
- MLS#:
- 30032364
ADDITIONAL INFORMATION
This well-maintained 8-plex presents a rare investment opportunity in a highly sought-after location just blocks from Big Sky High School, Community Medical Center, and the recreational haven of Fort Missoula. Tucked away in a peaceful neighborhood, this property offers the perfect blend of tranquility and convenience, with quick access to Reserve Street for shopping, dining, and major thoroughfares, while still providing a serene living environment. Each unit in this complex boasts comfortable and inviting living spaces, contributing to a consistent rental history with low vacancy rates. Two of the units are currently being remodeled, including new flooring, fresh paint, and new appliances, enhancing their appeal and rental value. Whether you're looking to expand your investment portfolio or secure a steady income stream, this property offers stability and potential for growth in a thriving community.
- Type:
- Duplex
- Sq.Ft.:
- 1,600
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1977
- Baths:
- MLS#:
- 30032103
ADDITIONAL INFORMATION
$5,000 credit offered to the buyer at closing. $3,400 in rental income potential a month! Each spacious unit features 2 bedrooms and 1 bathrooms, with one unit conveniently located on the main floor and the other in the basement. Both units have been thoughtfully updated: the building boasts a fresh exterior repaint, new entry deck, newer furnace, updated windows, refinished cabinets, new flooring, and modernized bathrooms. The basement unit is equally impressive with a new furnace, water heater, updated flooring, and new windows. The property also includes a fully fenced yard with a recently added covered deck, underground sprinklers, and potential separation of the front and backyards. Tenants enjoy off-street parking, a storage shed, and the flexibility of a month-to-month lease. This duplex offers comfort and convenience in a desirable Missoula location. Great for investors or owner occupancy!
- Type:
- Cluster
- Sq.Ft.:
- 1,934
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- MLS#:
- 30031962
ADDITIONAL INFORMATION
Three fully furnished, turn key condos available in the iconic Babs building located just off of Missoula's bustling Hip Strip. Each unit has been tastefully updated and individually styled, while honoring the charm and character of AJ Gibson's 1925 vision. Details like new push button switches, exposed rockwork, arched doorways and curved mouldings give the spaces charm and provenance in a highly sought after location just moments from the river and downtown. Babs owners and guests enjoy access to the outdoor dining area with BBQ, a large, well appointed game room, and common laundry. Assigned off street parking located behind the building makes it easy to leave a vehicle and explore. Currently used as successful vacation rentals, the Seller has offered to train the new owner if requested. Units are also individually listed as MLS 30031959, 30031954, and 30031912. To view, contact your real estate professional; please do not disturb guests. Listed by Megan Robson.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 13.41 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- 30031825
- Subdivision:
- Miller Creek Lots
ADDITIONAL INFORMATION
Back on markedt. No fault of home. Rare horse property Duplex, Just minutes from Central Missoula, 13+ Acres. Each unit can be accessed independently or combined. Each unit has its own kitchen, bath, W/D hook up and climate control. Both units benefit from fantastic views, abundant wild life, and privacy, with the benefits of being close to town. The 3 Bed unit has a Fenced yard. TWO separate garage spaces. Adjoining lots also available see MLS #’s 30026692, 30026691, 30026306. Call Andrew Schwartz 406-240-1408 or your real-estate professional for showing.
$450,000
6445 Mullan Road Missoula, MT 59808
- Type:
- Duplex
- Sq.Ft.:
- 1,984
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.25 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- 30031035
ADDITIONAL INFORMATION
DUPLEX IS IN A VERY HANDY LOCATION ON MULLAN ROAD. TENANTS HAVE BEEN THERE FOR MANY YEARS WITH LITTLE RENT CHANGE. RENTS COULD BE MUCH HIGHER. FOR ANY SHOWINGS THE TENANTS REQUEST AT LEAST 48 HOUR NOTICE. A 3 BEDROOM AND 2 BATH UNIT COULD BE A NICE OWNER OCCUPANT SPACE WITH ADDITIONAL INCOME. all information is deemed to be accurate and is from public or private sources that are presumed to be accurate but listing broker does not guarantee their accuracy thus buyers and buyers agents must conduct independent due diligence.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.56 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 30030686
ADDITIONAL INFORMATION
A rare opportunity to own a slice of Missoula heaven. Nestled on the banks of the Clark Fork River and Rattlesnake across the river from the University of Montana. With the property comes 3 separate homes and a wood shop that could be converted back to home like it previously was. With B2-2 zoning the options are endless for this unique property. It is the responsibility of the buyers and their agents to verify all info regarding this property. Info is provided by outside sources and deemed reliable but it is not guaranteed by listing agent or listing office. Call or Text Joel Thompson 406-370-0074 or your Real Estate Professional for your own personal showing.
$1,895,000
913-921 Rogers Street Missoula, MT 59802
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.72 Acres
- Baths:
- MLS#:
- 30026766
ADDITIONAL INFORMATION
Don't miss this fantastic investment opportunity in the North Side district of Missoula, MT. This well maintained property includes 12 dwelling units in 5 buildings on almost 3/4 of an acre including 2 four-plexes with two bedroom-one bathroom units, a duplex with two bedroom - one bathroom units, a 3 bedroom - 1 bathroom home with a single garage, and another 1 bedroom - 1 bathroom home. Two wells provide the perfect water source and keep watering costs low on the beautifully kept grounds. There is ample parking throughout the complex, allowing an excellent living experience for tenants. Units are spacious and well maintained by the long term owner/manager. Multiple storage sheds also allow for plenty of flexible storage options for owner and/or tenants alike. All of these features contribute to near zero vacancy and plenty of quality, long term tenants. This would also be a perfect opportunity for an owner occupant. Call Mike Kaptur at 406-546-6579 or your real estate professional.
$649,900
718 W Pine Street Missoula, MT 59802
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- 30026614
ADDITIONAL INFORMATION
Great investment opportunity in excellent location! Located two short blocks west of St Patrick Hospital, downtown Missoula, and easy access to I-90. The property includes a 3-bedroom 1-bathroom, + 1 toilet/sink single family home, duplex with a 1 bedroom 1 bathroom unit and a studio 1 bathroom unit. 3 Units in total with great potential to owner occupy or keep all three as short term/long term rentals that historically produce great income. The duplex has a new roof which was replaced in 2021 and main house includes washer/dryer hookups. Prime downtown real estate doesn’t come up often, and you won’t want to miss this large city lot, Multi-family opportunity! For a private tour call Diane Beck 406.360.7654, Beckie Peterson 406-829-6003 or your Real Estate Professional.
$1,250,000
1400 & 1404 Toole Avenue Missoula, MT 59802
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 30026641
ADDITIONAL INFORMATION
Well cared for 8-plex, separated into two units of four, located within walking distance to St Patrick Hospital, Fresh Market, and other downtown locations. Situated on a bus route with easy access to all areas of Missoula. Each 906 sq ft unit includes 2bds/1ba, an eat-in kitchen and living room. Newer roof, exterior painted in the last 2 years, well maintained landscaping and easy to care for exterior. Units are painted and flooring updated as they come available, but are filled with mostly long term tenants with low rents. One unit recently remodeled throughout, with updated bathroom, flooring, electrical, and kitchen re-fresh that includes paint, new countertops, and new stainless appliances. Should be able to increase rents by 20%. Rent includes trash, lawn maintenance, snow removal and water. Each unit is metered for electricity and gas with individual furnaces. Incredible opportunity for a new owner to continue to enhance individual units for long term growth.
$2,000,000
1800 S 4th Street Missoula, MT 59801
- Type:
- Apartment
- Sq.Ft.:
- 10,896
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.84 Acres
- Year built:
- 1971
- Baths:
- MLS#:
- 30020258
ADDITIONAL INFORMATION
Super Investment Opportunity - 14 Unit Complex Comprised of 3 4-plexes and one duplex near the Good Food Store. Strong rental history in an area that is being heavily revitalized. With a lot size of 36,400 sq ft, RM - 1.45 Zoning allows up to 25 units on this parcel. Nice sized units, some have W/D hook-ups. Each 4-plex has a central boiler for shared heat. Call Tylor Trenary 406 544-3310 or your real estate professional.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- 30012209
ADDITIONAL INFORMATION
Welcome to this exceptional investment property located in the highly sought-after University District. Two blocks from the historic University of Montana campus! Situated on a double lot, this property presents not just one, but two legal living units, providing an array of possibilities for savvy investors. With its desirable location and versatile layout, this property promises both rental income potential for conversion back to a single-family home. The main home is a five-bedroom, three-bathroom, with an additional full apartment with a kitchenette in the basement. The darling cottage ADU with an attached carport is a one-bedroom, one-bathroom. Both homes are currently month to month. Bring your ideas and some elbow grease to make this property shine! Please request all showings with a minimum of a 24-hour notice to enter. Call Jayde Conrad (406)314-5389, Josh Plum (406)544-5014, or your real estate professional for more information.
- Type:
- Cluster
- Sq.Ft.:
- 1,647
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.88 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- 30005490
ADDITIONAL INFORMATION
ATTENTION INVESTORS! 0.88 acres of land with 8 separate lots located close to downtown Missoula and The University of Montana campus. In addition to the land, this sale includes two single-family homes and an adjacent mobile home park. Both homes are solidly built and are each 2 bed/1 bath rentals. One of the homes even offers a lower level mother-in-law space with a separate bathroom and entrance. The adjacent mobile home park offers 9 leased lots with the majority of the lots currently leased. The current owner generates a decent return but there is certainly room to maximize income. All of this land, rental income, and development potential is within 7 minutes of downtown and UM.
Missoula Real Estate
The median home value in Missoula, MT is $512,500. This is lower than the county median home value of $521,400. The national median home value is $338,100. The average price of homes sold in Missoula, MT is $512,500. Approximately 43.4% of Missoula homes are owned, compared to 49.89% rented, while 6.71% are vacant. Missoula real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Missoula real estate agent to arrange a tour today!
Missoula, Montana has a population of 73,300. Missoula is more family-centric than the surrounding county with 31.86% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Missoula, Montana is $54,423. 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 Missoula is 33.6 years.
Missoula Weather
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 15.2 inches per year, with 39.5 inches of snow per year.