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Six-Unit Studio Apartment Building
For Sale
Under Contract
$1,000,000

102 S Inez Street, Missoula, MT 59801

CommercialSale, Missoula, MT

Property SizeContact for details
Lot Size0.26 Acres
Days on Market110

Property Features for 102 S Inez Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Multi-Family
Zoning description U-R3
Rooms Basement
Lot features Level
Directions East on Dakota from Russell. South on Inez. Property sits on the East of Inez
Standard status Active Under Contract
APN 04220021346100000
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Cook's Addition, S21, T13N, R19W, Block 1, Cooks, Lots 1 to 3 and W20FT of Lot 4
Legal Description Cook's Addition, S21, T13N, R19W, Block 1, Cooks, Lots 1 to 3 and W20FT of Lot 4

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2006
Listing Agency: EXIT Realty Missoula
Listed By: Kevin R Bailey · License #RRE-BRO-LIC-54097
Added: May 4 Changed: Aug 21 Last Checked: Aug 21 at 5:06PM
MLS# 30069530

Copyright © 2026 Montana Regional MLS. 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.

This six-unit apartment property contains studio residences and was constructed in 2006. The building includes basement space and is served by public water and public sewer. The parcel measures 0.262 acres and carries Multi-Family zoning.

The property is located at 102 S Inez Street in Missoula, Montana, between Orange Street and Russell Street and across from a walking trail. All units are currently rented below market rates. A Home Investment Partnership program with the City of Missoula requires the property to provide low-income housing until the contract expires in October 2026.

Key Highlights

  • Six studio apartments in one multifamily property
  • Built in 2006 on a 0.262‑acre parcel
  • Multi‑Family zoning designation

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pet Grooming Service Auto Parts Store Butcher Parking Lot & Garage

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

827
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with public utilities and a housing program obligation extending through October 2026.
Where is this apartment building located?
The property is located at 102 S Inez Street Missoula, MT.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Six studio apartments in one multifamily property; Built in 2006 on a 0.262‑acre parcel; Multi‑Family zoning designation
More about this property
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