Residential Income
1819 Cooper Street, Missoula, MT 59802
For Sale
$629,000
The property includes a range, a refrigerator, and additional parking.
Property Size2,463 SF
Price / SF$255.38
Days on Market20
Property Features for 1819 Cooper Street
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Amenities
Range, Refrigerator
Additional Parking
Building Details
Building Size
Year Built
Listing Agency:
Engel & Volkers Western Frontier
Listed By:
Donald M Sokoloski · License #RRE-BRO-LIC-3787
(406) 544-7830
Source:
Evrealestate
Added: Oct 19
Changed: Nov 6
Last Checked: Nov 6 at 9:39AM
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 & Volkers Western Frontier
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Investment Insights
Based on property information with market context.
This residential income property contains 2,463 square feet and was built in 1920. Interior features include a range and refrigerator, with additional parking outside.
The property is located at 1819 Cooper Street in Missoula, Montana.
The property is located at 1819 Cooper Street in Missoula, Montana.
Key Highlights
- 2,463 square feet of property
- Built in 1920
- Range and refrigerator included
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
NOI $26,293 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$710.1K
$621.4K – $828.5K
NOI $49,709 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
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Business Placement
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
$420,200
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Missoula, MT
Properties on Market for Residential income properties in Missoula
Frequently Asked Questions
What type of property is this?
Residential income property - The property includes a range, a refrigerator, and additional parking.
Where is this residential income property located?
The property is located at 1819 Cooper Street 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: 2,463 square feet of property; Built in 1920; Range and refrigerator included
