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$ 1,450,000
Est. payment /mo
Active
228 Eddy AVE Missoula, MT 59801
6,335 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,335 sqft
Price per Sqft $228
MLS Listing ID 30074098
HOA Y/N No
Year Built 1910
Annual Tax Amount $12,936
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Apartment
Property Description
Five-unit (10 bed), fully renovated multi-family property in the heart of Missoula's University District, just minutes from the University of Montana campus and downtown. This turnkey investment offers exceptional unit diversity, appealing to a wide range of tenants.
The property has been extensively updated throughout, with two units built as newer construction, blending modern finishes with functional, low-maintenance design. The unit mix includes an efficiency, a 1-bedroom, a 2-bedroom, a 3-bedroom, and a spacious 4-bedroom/2-bath unit, giving an owner flexibility to capture multiple rental price points within a single asset.
Every unit features in-unit laundry, a major convenience that sets this property apart in the local rental market, and all units except the efficiency include air conditioning for year-round comfort.
Ideally located within walking distance of campus, downtown Missoula, the Clark Fork River, and Missoula's extensive trail system, 228 Eddy Ave combines strong tenant demand fundamentals with a recently renovated building, a compelling opportunity for investors seeking a stabilized, low-deferred-maintenance multi-family asset in one of Missoula's most sought-after rental submarkets.
The property has been extensively updated throughout, with two units built as newer construction, blending modern finishes with functional, low-maintenance design. The unit mix includes an efficiency, a 1-bedroom, a 2-bedroom, a 3-bedroom, and a spacious 4-bedroom/2-bath unit, giving an owner flexibility to capture multiple rental price points within a single asset.
Every unit features in-unit laundry, a major convenience that sets this property apart in the local rental market, and all units except the efficiency include air conditioning for year-round comfort.
Ideally located within walking distance of campus, downtown Missoula, the Clark Fork River, and Missoula's extensive trail system, 228 Eddy Ave combines strong tenant demand fundamentals with a recently renovated building, a compelling opportunity for investors seeking a stabilized, low-deferred-maintenance multi-family asset in one of Missoula's most sought-after rental submarkets.
Location
State MT
County Missoula
Zoning 1
Interior
Fireplace No
Laundry Washer Hookup
Exterior
Garage Spaces 2.0
Building
Foundation Poured
New Construction No
Others
Senior Community No
Tax ID 04220027240020000
Special Listing Condition Standard
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Listed by Main Street Realty