Excellent Investment Opportunity! This centrally located 8-unit apartment building offers a strong rental history and consistent occupancy in a highly desirable central Missoula location. The property consists of seven 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing a desirable unit mix with below-market rents, offering excellent upside potential for future income growth.
Tenants enjoy the convenience of a common coin-operated laundry facility and easy access to shopping, dining, public transportation, and major employers. Outdoor recreation is just a block away at Splash Montana Waterpark and Playfair Park, featuring a 1.3-mile walking path, expansive green space, tennis courts, baseball and softball fields, soccer fields, basketball and volleyball courts, playgrounds, and picnic areas. The University of Montana is also just a short drive away. Major capital improvements include a new roof (2026), new boiler (2017), and new water heater (2017), helping reduce near-term maintenance costs and providing added value for investors.
Property Type(s):
Multi Family
|
Year Built
|
1971
|
County
|
Missoula
|
Additional Details
| APPLIANCES |
Range, Refrigerator |
| BASEMENT |
Concrete |
| CONSTRUCTION |
Wood Siding |
| HEAT |
Hot Water, Natural Gas |
| LOT |
0.266 acre(s) |
| LOT DESCRIPTION |
Cul-De-Sac, Level |
| LOT DIMENSIONS |
11590 |
| SEWER |
Public Sewer |
| STORIES |
One, Multi/Split |
| STYLE |
SplitLevel |
| TAXES |
7430.17 |
| UTILITIES |
Natural Gas Available, Electricity Connected, Natural Gas Connected, Phone Available |
| WATER |
Public |
| ZONING |
U-R1 |
Location
Listing provided by: Rick Meisinger, ERA Lambros Real Estate Missoula | 108 Camelot Court
IDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2026.