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Missoula Multifamily Property with Owner's Suite

808 + 812 Ash, Missoula, MT 59801

For Sale
$1,595,000

Six-unit multifamily property with a luxury owner's suite.

Property Size3,506 SF
Price / SF$454.93
Days on Market232

Property Features for 808 + 812 Ash

General Information

Standard status Active
Size 3,506 SF
Property subtype Multi Family Home

Taxes and HOA fees

Annual Taxes $8,520

Amenities

Garage: Alley Access,Shared Driveway,On Street
Garage Spaces: 3
Style: Modern
Modern
Alley Access,Shared Driveway,On Street
3

Building Details

Year Built 1940
Listing Agency: Glacier Sotheby's International Realty Missoula
Listed By: Shane Hall · License MT RRE-RBS-LIC-62894
Source: Clearwaterproperties
Added: Mar 27 Changed: Nov 12 Last Checked: Nov 12 at 4:19AM

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 Glacier Sotheby's International Realty Missoula

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Investment Insights

Based on property information with market context.

This six-unit multifamily property features a blend of investment potential and comfortable living. It includes five 1-bed/1-bath units and a 3-bed/2-bath owner’s suite with luxury finishes. The property consists of two buildings: a remodeled duplex in front and a second building in back with three units plus the owner’s residence. The property has been renovated and features modern updates throughout. The owner’s suite is designed for those looking to live on-site while generating rental income. Located in Missoula, the property is next to the Milwaukee Bike Trail and minutes from the University of Montana, downtown shops, restaurants, and amenities. It includes three garage spaces and a turnkey setup. Each rental unit is individually metered and consists of a spacious area with new appliances and separate wall-mounted heating and cooling systems. All units are currently rented. Two units will be sold fully furnished. Zoning allows for 2 Airbnb units on the property. The entry floor of the owner's suite offers two bedrooms and a bathroom with a soaking tub and 5-person cedar sauna. Upstairs features high-end finishes, an open floor plan, and a 660 sq ft rooftop deck with views. The fourth floor is a lofted bedroom space.

Key Highlights

  • Spacious 3‑bed/2‑bath owner’s suite with upscale, luxury finishes and a 660 sq ft rooftop deck with panoramic views.
  • Prime location in the heart of Missoula, next to the Milwaukee Bike Trail and minutes from the University of Montana and downtown amenities.
  • Strong income potential** with five 1‑bed/1‑bath rental units currently rented for approximately $1300 each, with potential for higher Airbnb income ($6000-$12000/month).

Property Analytics

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Location Intelligence

Trade Area within ½ mile

837
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Apartment buildings in Missoula

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit multifamily property with a luxury owner's suite.
Where is this apartment building located?
The property is located at 808 + 812 Ash Missoula, MT.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Spacious 3‑bed/2‑bath owner’s suite with upscale, luxury finishes and a **660 sq ft rooftop deck with panoramic views.**; Prime location in the heart of Missoula, next to the Milwaukee Bike Trail and minutes from the University of Montana and downtown amenities.; Strong income potential** with five 1‑bed/1‑bath rental units currently rented for approximately $1300 each, with potential for higher Airbnb income ($6000-$12000/month).
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