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Four-Unit Residential Property
New
For Sale
$629,000

1819 Cooper, Missoula, MT 59802

The property combines a house, a duplex, and a separate unit on a fenced lot.

Property Size2,463 SF
Price / SF$255.38
Days on Market2

Property Features for 1819 Cooper

General Information

Standard status Active
Size 2,463 SF
Property subtype Multi Family Home

Units

Unit Mix 3 x 2BR, 1 x sleeping loft
Multifamily Units 4

Additional Details

Gross Income $41,700

Taxes and HOA fees

Annual Taxes $5,853

Amenities

Garage: Additional Parking
Garage Spaces: 0
Additional Parking

Building Details

Year Built 1920
Listing Agency: Engel & Völkers Western Frontier - Missoula
Listed By: Donald M Sokoloski · License #RRE-BRO-LIC-3787
Source: Clearwaterproperties
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 14 at 10:56PM

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 Engel & Völkers Western Frontier - Missoula

Investment Insights

Based on property information with market context.

This four-unit residential property brings together a single-family house, a duplex, and one additional unit. The 2,463-square-foot property was built in 1920 and includes a sleeping loft in one unit. Most units have two bedrooms and one bathroom. The buildings are described as well cared for, with a fenced lot measuring more than 9,700 square feet.

Key Highlights

  • Four residential units: one house, a duplex, and a separate unit
  • 2,463 square feet of building area
  • Lot exceeds 9,700 square feet and is fenced

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,293
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,860 $525.9K
Cap Rate 7%
$375,614 $375.6K
Cap Rate 9%
$292,144 $292.1K
Market Conditions
NOI Build-Up for 2,463 SF
Gross rent
$52.0K $21.12/SF
− Vacancy
−$4.2K −$1.71/SF
EGI
$47.8K $19.41/SF
− OpEx
−$21.5K −$8.73/SF
NOI
$26.3K $10.68/SF
Area
Missoula County, MT
Vacancy
8.10%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,860
Cap Rate 7%
$375,614
Cap Rate 9%
$292,144

Alternative Uses

Best Use
Apartment 5plus
$375.6K
$328.7K – $438.2K (±1% cap)
NOI $26,293 @ 7.0% cap · market cap 4.18%
Second Best
Multifamily LT 5
$352.1K
$308.1K – $410.8K (±1% cap)
NOI $24,646 @ 7.0% cap · market cap 3.92%
Theoretical Best
Specialty Retail
$710.1K
$621.4K – $828.5K (±1% cap)
NOI $49,709 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Bakery Barber Shop (Bike/Boat/Book/etc) Store Parking Lot & Garage Grocery & Convenience Store Home Appliance 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

725
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - The property combines a house, a duplex, and a separate unit on a fenced lot.
Where is this quadplex located?
The property is located at 1819 Cooper Missoula, MT.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Four residential units: one house, a duplex, and a separate unit; 2,463 square feet of building area; Lot exceeds 9,700 square feet and is fenced
More about this property
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