2402-2418 Leo Avenue, Missoula, MT 59808

Missoula
Local realty services provided by:ERA Lambros Real Estate
2402-2418 Leo Avenue,Missoula, MT 59808
$4,590,000
  • - Beds
  • - Baths
  • 16,568 sq. ft.
  • Multi-family
  • Active
Listed by:
MLS#:30047263
Source:MT_NMAR

Price summary

  • Price:$4,590,000
  • Price per sq. ft.:$277.04

About this home

This package of nine duplexes (18 total units) in a designated Opportunity Zone offers incredible potential for cash flow and long-term appreciation. Each unit features 2 bedrooms, 1.5 bathrooms, a detached garage, private laundry, and outdoor living space. Three units have been fully remodeled, and all buildings and garages have just been freshly painted, giving the property a clean, updated look. The condo declaration is complete and just needs final sign-off, giving you the freedom to continue operating as a multifamily rental or sell the units individually as condominiums. The highly flexible exit strategy makes this a smart play in any market. Located in a growing, high-demand area of Missoula with convenient access to shopping, schools, and transit, this property has strong tenant appeal and rental upside. Whether you're a buy-and-hold investor looking for steady returns or a developer ready to capitalize on the condo market, this asset checks every box.

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Home facts

  • Year built:2000
  • Listing ID #:30047263
  • Added:341 day(s) ago
  • Updated:April 02, 2026 at 02:16 PM

Rooms and interior

  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:16,568 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:2000
  • Building area:16,568 sq. ft.
  • Lot area:1.14 Acres
  • Lot Features:Level
  • Construction Materials:Wood Frame, Wood Siding
  • Foundation Description:Poured
  • Levels:2 Story

Finances and disclosures

  • Price:$4,590,000
  • Price per sq. ft.:$277.04
  • Tax amount:$36,827 (2024)

Features and amenities

  • Appliances:Range, Refrigerator

Parking

  • Parking description:On Street
  • Garage:Yes
  • Garage spaces:1
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