Fourplex with Level Lot
2010 S 8th St W Missoula, MT 59801
New
For Sale
$650,000
Fully occupied fourplex with four one-bedroom, one-bath units, alley access, off-street parking, and a spacious yard.
Property Size2,162 SF
Price / SF$300.65
Days on Market5
Property Features for 2010 S 8th St W
General Information
- Standard status
- Active
- Size
- 2,162 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1980
Listing Agency:
Berkshire Hathaway HomeServices - Missoula
(406) 370-8734
Listed By:
Mike Bryan · License #RRE-BRO-LIC-12300
Source:
Toporealestate
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 24 at 2:43PM
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 Berkshire Hathaway HomeServices - Missoula
Investment Insights
Based on property information with market context.
2010 S 8th St W is a fully occupied fourplex built in 1980, offering four one-bedroom, one-bath units. The building includes a mix of upper and lower-level units, designed to provide practical, efficient living space. The property is set on a level city lot and includes alley access, additional off-street parking, and a spacious yard.
Located in the Franklin to the Fort neighborhood of Missoula, the property offers convenient access to downtown Missoula and the University of Montana. Tenants are also near Southgate Mall, local parks, public transportation, shopping, dining, and major employment centers.
With four similar unit configurations and straightforward building layout, this fourplex is well suited for investors seeking rental stability or an owner-occupant looking to offset housing expenses with rental income.
Located in the Franklin to the Fort neighborhood of Missoula, the property offers convenient access to downtown Missoula and the University of Montana. Tenants are also near Southgate Mall, local parks, public transportation, shopping, dining, and major employment centers.
With four similar unit configurations and straightforward building layout, this fourplex is well suited for investors seeking rental stability or an owner-occupant looking to offset housing expenses with rental income.
Key Highlights
- Fully occupied fourplex built in 1980
- Four 1‑bedroom, 1‑bath units
- Over 2,100 sq ft of total living 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 | $45.7k | $21.12 |
| − Vacancy | −$3.7k | −$1.71 |
| EGI | $42.0k | $19.41 |
| − OpEx | −$18.9k | −$8.73 |
| NOI | $23.1k | $10.68 |
2,162 SF · lease $21.12/SF/yr · vacancy 8.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$329.7K
$288.5K – $384.7K
NOI $23,080 @ 7.0% cap · market cap 3.55%
Second Best
Multifamily LT 5
$309.1K
$270.4K – $360.6K
NOI $21,634 @ 7.0% cap · market cap 3.33%
Theoretical Best
Specialty Retail
$623.4K
$545.4K – $727.3K
NOI $43,635 @ 7.0% cap · market cap 6.71%
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 - Fully occupied fourplex with four one-bedroom, one-bath units, alley access, off-street parking, and a spacious yard.
Where is this quadplex located?
The property is located at 2010 S 8th St W Missoula, MT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully occupied fourplex built in 1980; Four 1‑bedroom, 1‑bath units; Over 2,100 sq ft of total living space
