2402-2418 Leo AVE new Save Request In-Person Tour Request Virtual Tour
Missoula,MT 59808
Key Details
Property Type Commercial
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 16,568 sqft
Price per Sqft $289
MLS Listing ID 30047268
HOA Y/N No
Year Built 2000
Annual Tax Amount $36,826
Tax Year 2024
Lot Size 1.137 Acres
Acres 1.137
Property Sub-Type Duplex
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.
Location
State MT
County Missoula
Zoning RM1-45
Interior
Heating Forced Air,Gas
Fireplace No
Exterior
Parking Features Additional Parking,On Street
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Available
View Y/N Yes
Water Access Desc Public
View Mountain(s),Residential
Roof Type Asphalt
Present Use Multi-Family
Total Parking Spaces 1
Building
Lot Description Landscaped,Level,Sprinklers In Ground
Dwelling Type Duplex,Multi Family
Foundation Poured
Sewer Public Sewer
Water Public
Others
Tax ID 04220017114030000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard