130 W Kent Avenue, Missoula, MT 59801
Local realty services provided by:ERA Lambros Real Estate
130 W Kent Avenue,Missoula, MT 59801
$5,500,000
- - Beds
- - Baths
- 16,934 sq. ft.
- Multi-family
- Active
Listed by: ashley inglis, mrmls non-member
Office: engel & vlkers - bozeman
MLS#:30076790
Source:MT_NMAR
Price summary
- Price:$5,500,000
- Price per sq. ft.:$324.79
About this home
Exceptional opportunity to acquire The Grove Apartments, a 30-unit multifamily property located at 130 W Kent Avenue in the heart of Missoula’s highly desirable University District. Just minutes from the University of Montana, downtown Missoula, local dining, breweries, recreation, and an extensive network of walking and biking trails, this established property combines a sought-after location with meaningful value-add potential. The Grove consists of two buildings, including the primary apartment building and an adjacent duplex, offering approximately 20,980 square feet of net rentable area on 0.62 acres. The unit mix includes 26 one-bedroom/one-bath units and four two-bedroom/one-bath units, with an average unit size of approximately 699 square feet. The property also features 30 parking spaces, providing a 1:1 parking ratio. Originally constructed in 1968, the property has benefited from substantial recent investment. Current ownership has completed more than $175,000 in capital improvements, including a full roof replacement, new vinyl windows throughout the apartment building, updated flooring, and new paint. These improvements provide a strong foundation for a future owner to continue the existing renovation program and further enhance the property's income potential. Residents enjoy an outdoor courtyard, on-site laundry, on-site maintenance, and convenient access to nearby walking and biking trails. Units feature fully equipped kitchens, breakfast bar seating, built-in storage, vinyl flooring, built-in vanity areas, and full-size showers and/or bathtubs. With an established rental base, significant capital improvements already completed, and additional opportunity to continue renovations and move rents toward market levels, The Grove presents a compelling value-add multifamily investment in one of Missoula’s most desirable rental locations....
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Home facts
- Year built:1968
- Listing ID #:30076790
- Added:47 day(s) ago
- Updated:October 01, 2026 at 03:01 PM
Rooms and interior
- Kitchen Description:Dishwasher, Range, Refrigerator
- Living area:16,934 sq. ft.
Structure and exterior
- Year built:1968
- Building area:16,934 sq. ft.
- Lot area:0.62 Acres
- Lot Features:Level
- Construction Materials:Wood Frame
- Foundation Description:Poured, Slab
- Levels:2 Story
Finances and disclosures
- Price:$5,500,000
- Price per sq. ft.:$324.79
- Tax amount:$62,011 (2025)
Features and amenities
- Appliances:Range, Refrigerator
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