18-Unit Multifamily Property with
New
For Sale
$4,500,000
2402-2418 Leo Avenue, Missoula, MT 59808
CommercialSale, Missoula, MT
Property SizeContact for details
Lot Size1.14 Acres
Days on Market3
Property Features for 2402-2418 Leo Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Multi-Family
Zoning description
RM1-45
Parking
1
Parking features
On Street
Lot features
Landscaped, Level, Sprinklers In Ground
View
Mountains
Directions
Google Maps to 2402 Leo Ave. Head North on Russell Street until Russell turns West onto Railroad Street. Property is in between Leo Ave and Well Street. White Duplexes with Garages.
Standard status
Active
APN
04220017114030000
Lot size
1.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Fractional Lots 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 in Block 3 of WEST MISSOULA, a platted subdivision in the City of Missoula, Missoula County, Montana
Tax Annual Amount
36827
Legal Description
Fractional Lots 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 in Block 3 of WEST MISSOULA, a platted subdivision in the City of Missoula, Missoula County, Montana
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
private laundry
outdoor patios or green space
Building Details
Year built
2000
Roof type
Asphalt
Listing Agency:
ERA Lambros Real Estate Missoula · ERA Real Estate
(406) 532-9200
Listed By:
Rick Meisinger · License #RRE-BRO-LIC-12362
(406) 240-6031
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 10 at 10:06AM
MLS# 30079560
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.
Investment Insights
Based on property information with market context.
The property comprises nine duplex buildings with 18 two-bedroom, one-and-a-half-bath units. Built in 2000, the units include open living areas, private laundry and patios or green space, with a detached garage assigned to each unit. The 1.137-acre site is zoned Multi-Family and served by public water and sewer. Heating is forced air with natural gas, and the roofs are asphalt.
A completed condo declaration is awaiting final sign-off, providing a documented option to continue operating the units as multifamily housing or pursue individual condominium sales. The property is located at 2402-2418 Leo Avenue in Missoula, Montana.
A completed condo declaration is awaiting final sign-off, providing a documented option to continue operating the units as multifamily housing or pursue individual condominium sales. The property is located at 2402-2418 Leo Avenue in Missoula, Montana.
Key Highlights
- Nine duplex buildings with 18 two‑bedroom, one‑and‑a‑half‑bath units
- Each unit has a detached garage
- 1.137‑acre site zoned Multi‑Family
Property Analytics
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Open Analytics
Current Use
Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
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Business Placement
Demographics for 59808, MT
21,546
Population
9,938
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
97%
High-School Grad
157.1 sq mi
ZIP Area
137
Density / Sq Mi
$76,795
Median Household Income
$39,324
Median Earnings
$1,236
Median Rent
$419,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Nine duplex buildings provide private laundry, patios, outdoor space and separate garage access for residents.
Where is this multifamily property located?
The property is located at 2402-2418 Leo Avenue Missoula, MT.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Nine duplex buildings with 18 two‑bedroom, one‑and‑a‑half‑bath units; Each unit has a detached garage; 1.137‑acre site zoned Multi‑Family
