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2402-2418 Leo Avenue, Missoula, MT 59808

$4,590,000.00
  • 2402-2418 Leo Avenue, Missoula, MT 59808 Main Photo

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Featured Listing Active
MLS#30047268
STATUSActive PROPERTY TYPECommercial - Business

Property Description

This rare offering includes nine well-maintained duplexes' total of 18 spacious 2 bed, 1.5 bath units, each with its own detached garage. This multifamily property is cash-flow ready with established tenants and strong rental history, making it ideal for both seasoned investors and those looking to expand their portfolio. What truly sets this property apart is its flexible exit strategy: the condo declaration has been completed and is simply awaiting final sign-off. This allows you to continue operating as a multifamily income property or sell the units off individually as condominiums, opening the door for significant profit potential through retail sales. Each unit offers a functional layout with open living spaces, private laundry, and outdoor patios or green space, enhancing tenant appeal and retention. The detached garages add further value, whether used for parking or extra storage. Located in a desirable, high-demand area with easy access to amenities, transit, and schools, this property provides both immediate income and long-term upside. Don't miss this unique opportunity to own a turn-key investment with built-in flexibility. Call today for a private tour or financials package.

Property Features

Property Type: Commercial - Business
Heating: Forced Air, Gas
Lot Size: 1.14 Acres
Roof Type: Asphalt
Year Built: 2000

Feature Descriptions

Days on Site: 318
Lot: Landscaped, Level, Sprinklers In Ground
Lot Dimensions: 0
Parcel#: 04220017114030000
Parking: Additional Parking, On Street
Parking Notes: Additional Parking, On Street
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available

Listed By / Shown By

Listed By

Agency Name: ERA Lambros Real Estate Missoula
Agency Phone: 406-532-9400
Agent Name: Rick Meisinger

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