Investment Property for Sale at Nhn Montana Avenue in Missoula, MT for $970,000

Listing data last changed 9/30/2024
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Nhn Montana Avenue | Missoula

$970,000

ATTENTION INVESTORS! 0.88 acres of land with 8 separate lots located close to downtown Missoula and The University of Montana campus. In addition to the land, this sale includes two single-family homes and an adjacent mobile home park. Both homes are solidly built and are each 2 bed/1 bath rentals. One of the homes even offers a lower level mother-in-law space with a separate bathroom and entrance. The adjacent mobile home park offers 9 leased lots with the majority of the lots currently leased. The current owner generates a decent return but there is certainly room to maximize income. All of this land, rental income, and development potential is within 7 minutes of downtown and UM. MTR 30005490

Directions to property: Please navigate to 345 Montana Avenue, Missoula, MT 59802.

MLS Listing ID: 
MTR 30005490
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$970,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Missoula
Address: 
Nhn Montana Avenue, Missoula, MT 59802, US
County: 
Missoula
Latitude: 
46.8696280
Longitude: 
-113.9436150
Building Details
Details about the building on a property.
Architectural Style: 
Cottage
Year Built: 
1940
New Construction: 
0
Basement: 
Finished, Partial
Construction
Construction Materials: 
Wood Siding
Foundation Details: 
Other, Poured, Basement
Roof: 
Asphalt
Exterior Features: 
Breezeway
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard, Electric, Forced Air, Fireplace(s), Natural Gas
Water Source: 
Private, Well
Sewer: 
Private Sewer, Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.88
Lot Size (Area): 
0.88
Lot Size (Dimensions): 
0.88
View: 
City, Residential
Waterfront: 
0
Lot Features
Parking Type: 
Parking Pad, On Street
Garage: 
0
Public Record
Parcel Number: 
04220024109060000
Property Zoning: 
Residential
Contract Details
Details about the listing contract.
Possession: 
Subject To Tenant Rights
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Aaron Curtis
Listing Office Name: 
Berkshire Hathaway HomeServices - Missoula