Four-Unit Residential Income
1755 S 8th Street W Missoula, MT 59801
New
For Sale
$635,000
Four updated one-bedroom units each feature a living room, kitchen, bathroom, and in-unit laundry area.
Property Size2,600 SF
Price / SF$244.23
Days on Market5
Property Features for 1755 S 8th Street W
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1964
Listing Agency:
Windermere R E Missoula
Listed By:
Amy Peterson
Source:
Clearwaterproperties
Added: Jul 20
Changed: Jul 21
Last Checked: Jul 23 at 4:21AM
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 Windermere R E Missoula
Investment Insights
Based on property information with market context.
This four-unit residential income property features four one-bedroom layouts, each with a living room, bedroom, kitchen, bathroom, and laundry area. The home has undergone updates including new windows, new furnaces, and two hot water heaters.
The exterior includes off-street parking for each unit, underground sprinklers, a barbeque for tenant use, and some yard space.
With four separate one-bedroom units and multiple exterior and mechanical improvements, the property is well-suited for an investor looking for a multi-family setup.
The exterior includes off-street parking for each unit, underground sprinklers, a barbeque for tenant use, and some yard space.
With four separate one-bedroom units and multiple exterior and mechanical improvements, the property is well-suited for an investor looking for a multi-family setup.
Key Highlights
- Four one‑bedroom units with living room, kitchen, bathroom, and in‑unit laundry area
- Off‑street parking for each unit
- Exterior amenities include underground sprinklers, tenant barbecue, and some yard space
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 | $54.9k | $21.12 |
| − Vacancy | −$4.4k | −$1.71 |
| EGI | $50.5k | $19.41 |
| − OpEx | −$22.7k | −$8.73 |
| NOI | $27.8k | $10.68 |
2,600 SF · lease $21.12/SF/yr · vacancy 8.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$396.5K
$346.9K – $462.6K
NOI $27,755 @ 7.0% cap · market cap 4.37%
Second Best
Multifamily LT 5
$371.7K
$325.2K – $433.6K
NOI $26,017 @ 7.0% cap · market cap 4.10%
Theoretical Best
Specialty Retail
$749.6K
$655.9K – $874.6K
NOI $52,475 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four updated one-bedroom units each feature a living room, kitchen, bathroom, and in-unit laundry area.
Where is this quadplex located?
The property is located at 1755 S 8th Street W Missoula, MT.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Four one‑bedroom units with living room, kitchen, bathroom, and in‑unit laundry area; Off‑street parking for each unit; Exterior amenities include underground sprinklers, tenant barbecue, and some yard space