Zoned Urban Duplex with
2104 Livingston Avenue Missoula, MT 59801
New
2104 Livingston Avenue, Missoula, MT, 59801
$595,000
For Sale
$595,000
Duplex on four city lots zoned U-MU1, with each unit offering dedicated off-street parking.
Property Size2,400 SF
Price / SF$247.92
Days on Market3
Property Features for 2104 Livingston Avenue
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1962
Listing agency
JB Realty
Listed by
Camas Danison-Fieldhouse · License #RRE-RBS-LIC-31181
Source
Clearwaterproperties
Added: Jul 20 Updated: Jul 21 at 8:36AM Checked: Jul 21 at 8:36AM
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 JB Realty
Investment Insights
Based on property information with market context.
This duplex is set on four city lots and zoned U-MU1 (Urban Mixed-Use - Neighborhood 1). The main floor unit includes three bedrooms, one bathroom, washer/dryer hookups, and a large fenced yard. The basement unit offers three bedrooms, two bathrooms, washer/dryer hookups, and lots of light for a lower level.
Each unit has dedicated off-street parking, supporting convenient, separate daily use. The property is currently configured as two units, with additional potential for reconfiguration or further development while remaining in the existing setup.
With distinct bedroom and bath layouts, both units are equipped with in-unit laundry hookups, making the property well-suited for tenants who value separate living spaces and private parking.
Each unit has dedicated off-street parking, supporting convenient, separate daily use. The property is currently configured as two units, with additional potential for reconfiguration or further development while remaining in the existing setup.
With distinct bedroom and bath layouts, both units are equipped with in-unit laundry hookups, making the property well-suited for tenants who value separate living spaces and private parking.
Key Highlights
- Duplex on four city lots zoned U‑MU1 (Urban Mixed‑Use - Neighborhood 1)
- Each unit includes dedicated off‑street parking
- Main‑floor unit features 3 bedrooms, 1 bathroom, washer/dryer hookups, and a large fenced yard
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.7k | $21.12 |
| − Vacancy | −$4.1k | −$1.71 |
| EGI | $46.6k | $19.41 |
| − OpEx | −$21.0k | −$8.73 |
| NOI | $25.6k | $10.68 |
2,400 SF · lease $21.12/SF/yr · vacancy 8.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$366.0K
$320.3K – $427.0K
NOI $25,620 @ 7.0% cap · market cap 4.31%
Second Best
Multifamily LT 5
$343.1K
$300.2K – $400.3K
NOI $24,016 @ 7.0% cap · market cap 4.04%
Theoretical Best
Specialty Retail
$692.0K
$605.5K – $807.3K
NOI $48,438 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex on four city lots zoned U-MU1, with each unit offering dedicated off-street parking.
Where is this duplex located?
The property is located at 2104 Livingston Avenue Missoula, MT.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Duplex on four city lots zoned U‑MU1 (Urban Mixed‑Use - Neighborhood 1); Each unit includes dedicated off‑street parking; Main‑floor unit features 3 bedrooms, 1 bathroom, washer/dryer hookups, and a large fenced yard
