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    Missoula, MT Apartment Buildings for Sale

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    Bonner, MT Milltown, MT Lolo, MT Florence, MT Clinton, MT Frenchtown, MT Drummond, MT Stevensville, MT
    17 properties
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    Mixed-Use 7-Unit Property
    Updated: Jun 29
    Mixed-Use 7-Unit Property

    412 E Spruce St, Missoula, MT 59802

    $850,000
    5,419 sqft
    7‑unit mixed‑use property at 412 E Spruce and 411 E Alder: 6 residential units plus 1 commercial space
    Fully leased income property with 2 leased garage bays
    2 off‑street parking spaces in front and 1 off‑street parking space in back/on street
    New paint and flooring in 4 units within the last 3 years
    Updated insulation and updated electrical in attics
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    This listing looks promising.

    Here's a quick look at some key insights for

    412 E Spruce St, Missoula, MT 59802

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    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $58K
      Annual

    • Mortgage

      $382K
      Jul 2017

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1910
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    Apartment Building with Commercial Space
    Updated: Jul 9
    Apartment Building with Commercial Space

    412 E Spruce Street, Missoula, MT 59802

    $850,000
    0.10 AC lot
    7‑unit property with 6 residential units and 1 commercial space
    2 leased garage bays included
    Fully leased property with 4 coin‑operated laundry machines
    New paint and flooring in 4 units within the last 3 years
    Updated insulation and attic electrical work
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    28-Unit Apartment Building
    28-Unit Apartment Building

    648 Highton Street, Missoula, MT 59802

    $8,795,000
    0.78 AC lot

    Under-construction multifamily property offering varied floor plans, private outdoor areas, and in-unit laundry.

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    Six-Unit Multifamily Property with Storage
    Six-Unit Multifamily Property with Storage

    517, 517.5, 525 S 6th Street E, Missoula, MT 59801

    $1,950,000
    0.18 AC lot

    Renovated fourplex and two detached homes include on-site laundry, alley access, and separate storage improvements.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    30-Unit Apartment Property
    30-Unit Apartment Property

    130 W Kent Avenue, Missoula, MT 59801

    $5,500,000

    Two-building multifamily asset with renovated components, on-site laundry, courtyard, and walking and biking trail access.

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    Six-Unit Studio Apartment Building
    Six-Unit Studio Apartment Building

    102 S Inez Street, Missoula, MT 59801

    $1,000,000
    0.26 AC lot

    Multifamily property with public utilities and a housing program obligation extending through October 2026.

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    Six-Unit Apartment Property with Owner Suite
    Six-Unit Apartment Property with Owner Suite

    808 + 812 Ash Street, Missoula, MT 59801

    $1,595,000
    0.16 AC lot

    Two buildings combine updated rental units with a larger on-site living residence.

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    Multifamily Property with Triplex
    Multifamily Property with Triplex

    1326 - 1330 S 4th Street W, Missoula, MT 59801

    $1,300,000
    6,924 sqft

    Triplex plus a group-home style residence with six private bedroom-bath suites, common areas, offices, and shared laundry.

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    Townhome-Style Apartment Building
    Townhome-Style Apartment Building

    737 Sun Pillar Loop, Missoula, MT 59802

    $2,850,000
    0.42 AC lot

    Townhome-style residences feature private fenced yards and open-plan interiors.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    839 Brooks Street, Missoula, MT 59801

    $1,400,000
    0.36 AC lot

    Residential-zoned multifamily property with a detached two-bay garage and separate parking lot.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    1213 Cleveland Street, Missoula, MT 59801

    $695,000
    0.18 AC lot

    Two-building property with consistent one-bedroom, one-bath apartment layouts and on-site parking.

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    30-Unit Apartment Property
    30-Unit Apartment Property

    130 W Kent Avenue, Missoula, MT 59801

    $5,500,000
    0.62 AC lot

    Two-building multifamily property with renovated elements, on-site laundry, courtyard space, and access to University District amenities.

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    New 28-Unit Apartment Building
    New 28-Unit Apartment Building

    648 Highton St, Missoula, MT 59802

    Contact for pricing
    19,200 sqft

    Brand-new 28-unit apartment building with multiple unit layouts, many with balconies or patios and in-unit washer/dryer.

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    12-Unit Condo Portfolio
    12-Unit Condo Portfolio

    1335 Dakota Street 105 S Inez St, Missoula, MT 59801

    Contact for pricing
    5,580 sqft

    Two professionally maintained 2013 buildings offer 12 condominium units with on- and off-street parking.

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    Apartment Building with Unit Mix
    Apartment Building with Unit Mix

    130 West Kent Avenue, Missoula, MT 59801

    Contact for pricing
    20,980 sqft

    Well-maintained apartment building with recent 2022 capital upgrades and a diverse unit mix in a University District location.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    102 S Inez Street, Missoula, MT 59801

    Contact for pricing
    6,882 sqft

    Centrally located six-plex with studio apartments, currently rented below market rates, and low-income housing requirements until October 2026.

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    Missoula Multifamily Property with Owner's Suite
    Missoula Multifamily Property with Owner's Suite

    808 + 812 Ash Street, Missoula, MT 59801

    Contact for pricing
    3,506 sqft

    Six-unit multifamily property with a luxury owner's suite.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Missoula, MT, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

    Off-Market Properties in Missoula, MT

    Consider similar Off-Market properties in Missoula, MT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    520 Hickory St
    GARDEN APT, COURT APT (5+ UNITS)

    520 Hickory St, Missoula, MT 59801-2530

    $435,000
    Estimated value
    3,452 sqft 0.15 AC lot
    View details
    228 3rd W St
    GARDEN APT, COURT APT (5+ UNITS)

    228 3rd W St, Missoula, MT 59801-2772

    Value Estimation by Request
    4,512 sqft 0.10 AC lot
    View details
    3773 Broadway St
    GARDEN APT, COURT APT (5+ UNITS)

    3773 Broadway St, Missoula, MT 59808-5972

    Value Estimation by Request
    13,104 sqft 1.42 AC lot
    View details
    1515 Ashberry Ct
    GARDEN APT, COURT APT (5+ UNITS)

    1515 Ashberry Ct, Missoula, MT 59801-8382

    Value Estimation by Request
    5,184 sqft 0.39 AC lot
    View details
    1410 Broadway St
    GARDEN APT, COURT APT (5+ UNITS)

    1410 Broadway St, Missoula, MT 59802-2262

    $430,000
    Estimated value
    2,584 sqft 0.45 AC lot
    View details
    951 Ronald Ave
    HIGH-RISE APARTMENTS

    951 Ronald Ave, Missoula, MT 59801-4366

    Value Estimation by Request
    10,485 sqft 0.67 AC lot
    View details
    909 Charlo St
    GARDEN APT, COURT APT (5+ UNITS)

    909 Charlo St, Missoula, MT 59802-2729

    $510,000
    Estimated value
    2,824 sqft 0.10 AC lot
    View details

    Missoula, MT Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Missoula, MT, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 68,491 square feet of properties for sale, with an estimated market value of $32,285,000.

    Sale prices for two-family homes in Missoula, MT start at $695,000, averaging $2,690,416, and reaching up to $8,795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 101K
    Population Growth (5Y) +2.7%
    Median Household Income $73,301
    College Educated 42.4%

    High-Yield Neighborhoods for Investment

    Identify Missoula submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    59801 $1.4M
    59802 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $12.97 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Missoula County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Missoula fall within the 10,000 to 25,000 square foot range.

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    • 59801
    • 59802

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