Three 4-Plex Multifamily
813 819 825 Charlo Street Missoula, MT 59802
813 819 825 Charlo Street, Missoula, MT, 59802
$2,950,000
For Sale
$2,950,000
Portfolio of three contiguous four-plex buildings with 12 units, on- and off-street parking, and green space.
Property Size9,138 SF
Price / SF$322.83
Days on Market475
Property Features for 813 819 825 Charlo Street
General Information
- Standard status
- Active
- Size
- 9,138 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2015
Listing agency
Catalyst Commercial
(406) 750-0276
Listed by
Scott Blumfield · License #RRE-BRO-LIC-16312
(406) 750-0276
Source
Exitrealty
Added: Apr 4, 2025 Updated: Jul 21 at 7:45PM Checked: Jul 22 at 8:29AM
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 Catalyst Commercial
Investment Insights
Based on property information with market context.
This for-sale multifamily portfolio includes three contiguous four-plex buildings, totaling 12 units. The properties feature 2-bedroom, 1-bathroom units, each with 787 square feet of living space. The buildings are described as well-maintained and are supported by professional management, with stable occupancy noted in the offering.
The portfolio offers on- and off-street parking and green space. Leases are staggered from March through August 2025. The location is positioned for convenient access to shopping, dining, and transit, according to the public remarks.
With in-place income and a mix of unit turnover timing through the 2025 lease schedule, the portfolio is presented as an opportunity to generate returns from current operations and through potential future rent growth or individual unit sales.
The portfolio offers on- and off-street parking and green space. Leases are staggered from March through August 2025. The location is positioned for convenient access to shopping, dining, and transit, according to the public remarks.
With in-place income and a mix of unit turnover timing through the 2025 lease schedule, the portfolio is presented as an opportunity to generate returns from current operations and through potential future rent growth or individual unit sales.
Key Highlights
- 12‑unit multifamily portfolio across three contiguous 4‑plex buildings at 813, 819, and 825 Charlo St (Missoula Northside).
- Built in 2015, with 2‑bed, 1‑bath units and 787 sq ft of living space per unit.
- Leases are staggered from March through August 2025, helping smooth turnover across the portfolio.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $193.0k | $21.12 |
| − Vacancy | −$15.6k | −$1.71 |
| EGI | $177.4k | $19.41 |
| − OpEx | −$79.8k | −$8.73 |
| NOI | $97.5k | $10.68 |
9,138 SF · lease $21.12/SF/yr · vacancy 8.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.39M
$1.22M – $1.63M
NOI $97,549 @ 7.0% cap · market cap 3.31%
Second Best
Multifamily LT 5
$1.31M
$1.14M – $1.52M
NOI $91,439 @ 7.0% cap · market cap 3.10%
Theoretical Best
Specialty Retail
$2.63M
$2.31M – $3.07M
NOI $184,428 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Portfolio of three contiguous four-plex buildings with 12 units, on- and off-street parking, and green space.
Where is this quadplex located?
The property is located at 813 819 825 Charlo Street Missoula, MT.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 12‑unit multifamily portfolio across three contiguous 4‑plex buildings at 813, 819, and 825 Charlo St (Missoula Northside).; Built in 2015, with 2‑bed, 1‑bath units and 787 sq ft of living space per unit.; Leases are staggered from March through August 2025, helping smooth turnover across the portfolio.
