Four-Unit Apartment
2010 S 8th Street W, Missoula, MT 59801
For Sale
$619,000
Under Contract
ResidentialIncome, Missoula, MT
Property Size2,162 SF
Lot Size0.15 Acres
Price / SF$286.31
Days on Market142
Property Features for 2010 S 8th Street W
General Information
Property type
Property subtype
Zoning description
Rooms
Parking features
Exterior features
Appliances
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Water source
Amenities
yard
off-street parking
Building Details
Year built
Floors in Building
Number of units
Additional Structures
Buildings
Listing Agency:
Berkshire Hathaway HomeServices - Missoula
(406) 721-4141
Listed By:
Mike Bryan · License MT RRE-BRO-LIC-12300
(406) 370-8734
Added: Jun 26
Changed: Nov 13
Last Checked: Nov 14 at 1:06AM
MLS# 30073876
Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1980-built apartment property contains four one-bedroom, one-bath units across 2,162 square feet. The layout includes residences on upper and lower levels, along with basement space. Storage, a range, and a refrigerator are among the building’s listed features and appliances.
The 0.149-acre city lot is level and has alley access, with additional off-street parking. Public water and public sewer serve the property. The address is 2010 S 8th Street W in Missoula, Montana.
The 0.149-acre city lot is level and has alley access, with additional off-street parking. Public water and public sewer serve the property. The address is 2010 S 8th Street W in Missoula, Montana.
Key Highlights
- Four units, each with one bedroom and one bathroom
- 2,162 square feet of building area on a 0.149‑acre lot
- Built in 1980, with units on upper and lower levels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,080
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,600
$461.6K
Cap Rate 7%
$329,714
$329.7K
Cap Rate 9%
$256,444
$256.4K
Market Conditions
NOI Build-Up for 2,162 SF
Gross rent
$45.7K $21.12/SF
− Vacancy
−$3.7K −$1.71/SF
EGI
$42.0K $19.41/SF
− OpEx
−$18.9K −$8.73/SF
NOI
$23.1K $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%
$461,600
Cap Rate 7%
$329,714
Cap Rate 9%
$256,444
Alternative Uses
Best Use
Apartment 5plus
$329.7K
$288.5K – $384.7K
NOI $23,080 @ 7.0% cap · market cap 3.73%
Second Best
Multifamily LT 5
$309.1K
$270.4K – $360.6K
NOI $21,634 @ 7.0% cap · market cap 3.49%
Theoretical Best
Specialty Retail
$623.4K
$545.4K – $727.3K
NOI $43,635 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
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Business Placement
Demographics for 59801, MT
30,629
Population
15,814
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
3,978
Density / Sq Mi
$55,022
Median Household Income
$34,320
Median Earnings
$1,086
Median Rent
$393,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom residences offer a consistent unit mix, with alley access and off-street parking on a level city lot.
Where is this quadplex located?
The property is located at 2010 S 8th Street W Missoula, MT.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Four units, each with one bedroom and one bathroom; 2,162 square feet of building area on a 0.149‑acre lot; Built in 1980, with units on upper and lower levels
