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30-Unit Apartment Building
For Sale
$5,500,000

130 W Kent Avenue, Missoula, MT 59801

Missoula, MT

Property SizeContact for details
Lot Size0.62 Acres
Days on Market52

Property Features for 130 W Kent Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Standard status Active
Lot size 0.62 Acres

Amenities

outdoor courtyard
on-site laundry
on-site maintenance

Building Details

Year built 1968
Listing Agency: Engel & Volkers Bozeman · Engel & Völkers
Listed By: Ashley Inglis · License #RRE-RBS-LIC-99047
Added: Aug 15 Changed: Aug 19 Last Checked: Oct 5 at 9:06AM
MLS# 30076790

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The Grove Apartments is a 30-unit apartment property comprising a primary apartment building and an adjacent duplex. The improvements provide approximately 20,980 square feet of net rentable area across 0.62 acres, with 26 one-bedroom/one-bath units and four two-bedroom/one-bath units. Built in 1968, the property includes 30 parking spaces, an outdoor courtyard, on-site laundry, and on-site maintenance. Apartment features include fully equipped kitchens, breakfast bars, built-in storage, vinyl flooring, vanity areas, and full-size showers and/or bathtubs.

Recent work includes a full roof replacement, new vinyl windows throughout the apartment building, updated flooring, and interior paint. The property is located at 130 W Kent Avenue in Missoula’s University District, with convenient access to the University of Montana, downtown Missoula, local dining, breweries, recreation, and walking and biking trails.

Key Highlights

  • 30‑unit property with 26 one‑bedroom/one‑bath units and four two‑bedroom/one‑bath units
  • Two buildings with approximately 20,980 square feet of net rentable area on 0.62 acres
  • 30 parking spaces, providing a 1:1 parking ratio

Property Analytics

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Current Use

Alpha Arms Apartments Apartment Building The Grove Apartments Apartment Complex

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Parking Lot & Garage HVAC Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30
Residential units

Location Intelligence

Trade Area within ½ mile

635
Businesses Nearby

Demographics for 59801, MT

30,629
Population
15,814
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
3,978
Density / Sq Mi
$55,022
Median Household Income
$34,320
Median Earnings
$1,086
Median Rent
$393,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily property with renovated components, on-site laundry, courtyard, and access to University of Montana and downtown Missoula.
Where is this apartment building located?
The property is located at 130 W Kent Avenue Missoula, MT.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 30‑unit property with 26 one‑bedroom/one‑bath units and four two‑bedroom/one‑bath units; Two buildings with approximately 20,980 square feet of net rentable area on 0.62 acres; 30 parking spaces, providing a 1:1 parking ratio
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