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New 28-Unit Apartment Building
For Sale
$8,795,000

648 Highton Street, Missoula, MT 59802

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

Property SizeContact for details
Days on Market48

Property Features for 648 Highton Street

General Information

Standard status Active
Property subtype Residential Income
Zoning Multi-Family, multi

Additional Details

Clear Height 9 ft
Multifamily Units 28

Taxes and HOA fees

Annual Taxes $5,997

Building Details

Year Built 2026
Stories 3
Units 28
Listing Agency: PureWest Real Estate - Missoula
Listed By: Devin Khoury · License #14766
Source: Avatarrealtymt
Added: Jul 14 Changed: Aug 26 Last Checked: Aug 28 at 11:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PureWest Real Estate - Missoula

Investment Insights

Based on property information with market context.

This brand-new 28-unit apartment building was designed for modern, flexible living. The property offers a mix of studio/1 bath, 1 bed/1 bath, 2 bed/1 bath, and 2 bed/2 bath floor plans. Many units include a balcony, deck, or patio for indoor/outdoor living. Interiors feature hard-surface flooring, quartz countertops, and 9-foot ceilings, along with an in-unit washer and dryer and a full appliance package including a refrigerator, oven, and dishwasher.

Additional onsite storage is available. The property is described as pet-friendly, and select units include furnished setups and layouts with sliding glass doors. Water, sewer, and garbage are included.

The building is positioned at the base of the Mount Jumbo open space hillside with public access next to the parking area. Nearby access is provided to the Clark Fork River trails, the Kim Williams Trail, downtown Missoula, and the University of Montana via routes described as the Van Buren corridor or East Broadway.

Key Highlights

  • Brand‑new 28‑unit apartment building (Year Built: 2026) offering studio/1 BA, 1 bed/1 BA, 2 bed/1 BA, and 2 bed/2 BA layouts
  • Many units include a balcony, deck, or patio, supporting indoor/outdoor living
  • Units feature hard‑surface flooring, quartz countertops, and 9‑foot ceilings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Gym & Fitness Center Big Box & Wholesale Store

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

9 ft
Clear height
28
Residential units

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby

Demographics for 59802, MT

19,892
Population
10,416
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
96%
High-School Grad
45.4 sq mi
ZIP Area
438
Density / Sq Mi
$65,054
Median Household Income
$36,541
Median Earnings
$1,021
Median Rent
$420,200
Median Home Value

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 - Brand-new 28-unit apartment building with multiple unit layouts, many with balconies or patios and in-unit washer/dryer.
Where is this apartment building located?
The property is located at 648 Highton Street Missoula, MT.
What is the asking price?
The asking price for this property is $8,795,000.
What are key features of this property?
This property features: Brand‑new 28‑unit apartment building (Year Built: 2026) offering studio/1 BA, 1 bed/1 BA, 2 bed/1 BA, and 2 bed/2 BA layouts; Many units include a balcony, deck, or patio, supporting indoor/outdoor living; Units feature hard‑surface flooring, quartz countertops, and 9‑foot ceilings
More about this property
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