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Updated Quadplex with Off-Street Parking
New
For Sale
$795,000

512 S 2nd St W, Missoula, MT 59801

Four-unit rental property with varied layouts, covered porch, mature trees, and recent improvements across the building.

Property Size1,926 SF
Price / SF$412.77
Days on Market3

Property Features for 512 S 2nd St W

General Information

Standard status Active
Size 1,926 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 1BR/1.5BA, 1 x 1BR/1BA, 2 x 1BR/1BA
Multifamily Units 4

Additional Details

Public Transit Yes

Building Details

Year Built 1920
Listing Agency: Eagen Real Estate
Listed By: Jessie M Eagen · License #8043
Source: Toporealestate
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 20 at 9:36AM

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 Eagen Real Estate

Investment Insights

Based on property information with market context.

This 1920 quadplex contains four residential units, including a main-level apartment with one bedroom and 1.5 baths, an upper-level one-bedroom apartment with pantry and attic storage, and two compact one-bedroom basement units. One basement apartment was rebuilt from the studs in 2015. Interior features include bright living areas, functional kitchens, classic trim, remodeled baths, newer windows, and updated flooring in portions of the main floor.

Property improvements include a new water line, newer plumbing, a 2005 roof, new electrical service in the upper unit, and a new shower in one basement apartment. Newer Rinnai heaters serve the upper and main units. Mature trees, a covered front porch, and off-street parking add practical appeal. The property is in Missoula’s Riverfront neighborhood, near downtown, the Hip Strip, the Clark Fork River, trail network, neighborhood amenities, and public transit.

Key Highlights

  • Four‑unit quadplex built in 1920
  • Unit mix includes a main‑floor 1‑bedroom, 1.5‑bath unit, an upper 1‑bedroom, and two basement 1‑bedroom units
  • One basement apartment was fully remodeled from the studs in 2015

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Carpet & Flooring Store Butcher Tanning Salon Grocery & Convenience 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

2,600
Businesses Nearby

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

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 - Four-unit rental property with varied layouts, covered porch, mature trees, and recent improvements across the building.
Where is this quadplex located?
The property is located at 512 S 2nd St W Missoula, MT.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 1920; Unit mix includes a main‑floor 1‑bedroom, 1.5‑bath unit, an upper 1‑bedroom, and two basement 1‑bedroom units; One basement apartment was fully remodeled from the studs in 2015
More about this property
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