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28-Unit Apartment Building
For Sale
$8,795,000

648 Highton Street, Missoula, MT 59802

ResidentialIncome, Missoula, MT

Property SizeContact for details
Lot Size0.78 Acres
Days on Market51

Property Features for 648 Highton Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Property condition Under Construction
Zoning Multi-Family
Zoning description multi
Rooms Laundry Room
Interior features OpenFloorplan, WalkInClosets
Lot features Back Yard, Front Yard, Gentle Sloping, Landscaped, Level, Secluded, Sprinklers In Ground, Views
Directions Either take I-90 to East Missoula exit, or from downtown Missoula take Broadway east to East Missoula, property is on the left.
Standard status Active
APN 04220024207230000
Lot size 0.78 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description East Missoula Addition, S24, T13, N, R19W, Block 21, Lot D2, 34081 Sq Ft, of Lots B1 D1 and D2
Tax Annual Amount 5998
Legal Description East Missoula Addition, S24, T13, N, R19W, Block 21, Lot D2, 34081 Sq Ft, of Lots B1 D1 and D2

Amenities

balcony/deck/patio
in-unit washer/dryer
full appliance package
pet-friendly
onsite storage
water/sewer/garbage included

Building Details

Year built 2026
Floors in Building 3
Number of units 28
Listing Agency: PureWest Real Estate - Missoula
Listed By: Devin Khoury · License #RRE-BRO-LIC-14766
Added: Jul 8 Changed: Aug 26 Last Checked: Aug 27 at 12:06AM
MLS# 30072720

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.

This 28-unit apartment property is under construction and offers a mix of studio, one-bedroom, and two-bedroom layouts, including options with one or two bathrooms. Interior features include hard-surface flooring, quartz countertops, 9-foot ceilings, walk-in closets, and full appliance packages. Each residence includes an in-unit washer and dryer, while nearly every unit has a balcony, deck, or patio. Select residences include furnishings and sliding glass doors. Additional on-site storage is provided, and water, sewer, and garbage are included.

The 0.782-acre property is located at 648 Highton Street in Missoula, Montana, at the base of the Mount Jumbo open space hillside. Public access is next to the parking lot, with the Clark Fork River trails and Kim Williams Trail nearby. Downtown Missoula and the University of Montana are accessible through the Van Buren corridor or East Broadway, with public transit and local amenities also close by. The property is zoned Multi-Family.

Key Highlights

  • 28‑unit apartment property under construction
  • Studio, 1 bed/1 bath, 2 bed/1 bath, and 2 bed/2 bath floor plans
  • Nearly every unit includes a balcony, deck, or patio

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Gym & Fitness Center Big Box & Wholesale 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

28
Residential units

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Under-construction multifamily property offering varied floor plans, private outdoor areas, and in-unit laundry.
Where is this apartment building located?
The property is located at 648 Highton Street Missoula, MT.
What is the asking price?
The asking price for this property is $8,795,000.
What are key features of this property?
This property features: 28‑unit apartment property under construction; Studio, 1 bed/1 bath, 2 bed/1 bath, and 2 bed/2 bath floor plans; Nearly every unit includes a balcony, deck, or patio
More about this property
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