Price Reduced Listing
2402-2418 Leo Avenue,Missoula, MT 59808
Missoula, MT 59808
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.
Details
| MLS # | 30047268 |
|---|---|
| Listing Type | For Sale |
| Style | Town House / Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2000 |
| Days On Site | 80 |
| Listing Provided By | ERA Lambros Real Estate Missoula | Rick Meisinger |
Features
| SQ Feet | 16,568 |
|---|---|
| Zoning | Multi-Family |
| Acreage | 1.14 |
| Property View | Yes |
Taxes
| Property | 36826 |
|---|
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Learn More About This Property
| State | MT |
|---|---|
| County | Missoula |
| City | Missoula |
| Zip Code | 59808 |
 | $4,800,0002402-2418 Leo AvenueMissoula, MT 59808 |
 | $4,590,0002402-2418 Leo AvenueMissoula, MT 59808 |