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    Missoula, MT Multifamily Properties for Sale

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    Mixed-Use 7-Unit Property
    Updated: Jul 1
    Mixed-Use 7-Unit Property

    412 E Spruce St, Missoula, MT 59802

    $850,000
    5,419 sqft
    7‑unit mixed‑use property at 412 E Spruce and 411 E Alder: 6 residential units plus 1 commercial space
    Fully leased income property with 2 leased garage bays
    2 off‑street parking spaces in front and 1 off‑street parking space in back/on street
    New paint and flooring in 4 units within the last 3 years
    Updated insulation and updated electrical in attics
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    This listing looks promising.

    Here's a quick look at some key insights for

    412 E Spruce St, Missoula, MT 59802

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    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $58K
      Annual

    • Mortgage

      $382K
      Jul 2017

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1910
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    Newer Duplex with Private Garages
    Updated: Aug 20
    Newer Duplex with Private Garages

    2213 S 9th Street W, Missoula, MT 59801

    $750,000
    0.12 AC lot
    Duplex built in 2018 on 0.124 acres
    Two units with 3- or 4‑bedroom layouts and 2.5 baths per unit
    Each residence has an attached single‑car garage, private patio, and covered front porch
    Primary suites include ensuite baths and walk‑in closets
    Natural‑gas forced‑air heating and central air conditioning
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    Historic Duplex Property
    Historic Duplex Property

    235 E Front Street, Missoula, MT 59802

    $1,800,000
    0.11 AC lot

    Downtown asset with two private-entry residences, extensive renovations, and an established food truck pad with sidewalk café.

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    Craftsman Triplex
    Craftsman Triplex

    323 Eddy Avenue, Missoula, MT 59801

    $1,150,000
    0.15 AC lot

    Legal three-unit property with separate entrances, active leases, alley access, and a rebuilt carriage house for storage and bicycles.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Updated Quadplex with Off-Street Parking
    Updated Quadplex with Off-Street Parking

    512 S 2nd St W, Missoula, MT 59801

    $795,000
    1,926 sqft

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

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    Seven-Unit Apartment Building with Leased Garage Bays
    Seven-Unit Apartment Building with Leased Garage Bays

    412 E Spruce Street, Missoula, MT 59802

    $850,000
    0.10 AC lot

    Fully leased seven-unit property featuring residential units plus one commercial space and two leased garage bays.

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    Ranch Duplex With Separate Living Areas
    Ranch Duplex With Separate Living Areas

    104 Agnes Avenue, Missoula, MT 59801

    $686,000
    0.22 AC lot

    Flexible residential layout includes separate lower-level living quarters, private entry, and established outdoor areas.

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    Character Duplex with Detached Garage
    Character Duplex with Detached Garage

    628 S 1st Street W, Missoula, MT 59801

    $589,000
    0.15 AC lot

    Two residential units sit on a fenced, level lot with alley parking access.

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    Side-by-Side Duplex with Fenced Yard
    Side-by-Side Duplex with Fenced Yard

    1824 Hollis Street, Missoula, MT 59801

    $635,000
    0.17 AC lot

    Side-by-side duplex with two rented units, covered off-street parking, and a fenced backyard with raised garden beds.

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    Duplex With Separate Living Spaces
    Duplex With Separate Living Spaces

    1231 Eaton Street, Missoula, MT 59801

    $520,000
    0.17 AC lot

    Two-level configuration includes dedicated parking, private outdoor space, and a finished lower apartment area.

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    Fourplex with Level Lot Access
    Fourplex with Level Lot Access

    2010 S 8th St W, Missoula, MT 59801

    $650,000
    2,162 sqft

    Fully occupied fourplex with four one-bedroom, one-bath units, alley access, off-street parking, and a spacious yard.

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    28-Unit Apartment Building
    28-Unit Apartment Building

    648 Highton Street, Missoula, MT 59802

    $8,795,000
    0.78 AC lot

    Under-construction 28-unit apartment building on 0.782 acres with pet-friendly units and in-unit washer and dryer.

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    Six-Unit Multifamily Property with Storage
    Six-Unit Multifamily Property with Storage

    517, 517.5, 525 S 6th Street E, Missoula, MT 59801

    $1,950,000
    0.18 AC lot

    Renovated fourplex and two detached homes include on-site laundry, alley access, and separate storage improvements.

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    South Hills Duplex with Garages
    South Hills Duplex with Garages

    123 Grandview Way, Missoula, MT 59803

    $660,000
    2,584 sqft

    Two independent units each feature a private garage, fireplaces, and in-unit laundry, with one 2-bedroom and one 3-bedroom layout.

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    Modern Duplex with Attached Garage
    Modern Duplex with Attached Garage

    109 Amber Court, Missoula, MT 59803

    $795,000
    0.19 AC lot

    Two-unit duplex zoned for multi-family use, featuring attached garages, forced-air natural gas heat, and deck access.

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    Modern Duplex with Upper Decks
    Modern Duplex with Upper Decks

    1419 S 2nd Street W, Missoula, MT 59801

    $799,000
    0.07 AC lot

    Two modern units offer garages, upper-level decks, and efficient heating and cooling systems.

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    Classic Triplex with Separate Utilities
    Classic Triplex with Separate Utilities

    1138 Toole Avenue, Missoula, MT 59802

    $529,000
    2,344 sqft

    Built in 1890, this triplex offers three well-maintained units with separate heat and water meters.

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    Fourplex with Alley Access
    Fourplex with Alley Access

    2010 S 8th Street W, Missoula, MT 59801

    $650,000
    0.15 AC lot

    Fully occupied fourplex with four one-bedroom, one-bath units on a level lot with alley access.

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    Multifamily Property with Triplex
    Multifamily Property with Triplex

    1326 - 1330 S 4th Street W, Missoula, MT 59801

    $1,300,000
    6,924 sqft

    Triplex plus a group-home style residence with six private bedroom-bath suites, common areas, offices, and shared laundry.

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    Renovated Downtown Duplexes with Courtyard
    Renovated Downtown Duplexes with Courtyard

    235 E Front Street, Missoula, MT 59802

    $2,000,000
    0.11 AC lot

    Two separate duplex entrances on the front and back, with a private courtyard tied to the second unit’s layout.

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    Residential Income Duplex Home
    Residential Income Duplex Home

    1231 Eaton Street, Missoula, MT 59801

    $520,000
    2,112 sqft

    Duplex-style home with separate upper and lower living spaces, two baths, and dedicated covered parking for each unit.

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    Duplex with Fenced Backyards
    Duplex with Fenced Backyards

    123 Grandview Way, Missoula, MT 59803

    $660,000
    0.19 AC lot

    Duplex on a 0.19-acre lot with fenced backyards, each unit with its own garage, fireplaces, and in-unit laundry.

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    Well-Maintained Duplex With Outdoor Space
    Well-Maintained Duplex With Outdoor Space

    318 S 5th St E, Missoula, MT 59801

    $639,000
    1,678 sqft

    1915-built duplex with private decks, separate outdoor living areas, and recent mini-split heating and cooling in both units.

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    Triplex with Separate Meters
    Triplex with Separate Meters

    1138 Toole Avenue, Missoula, MT 59802

    $529,000
    0.13 AC lot

    Three-unit property with individual laundry hookups, separate heat and water meters, and a covered front porch.

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    Missoula, MT Multifamily Properties Market Trends and Statistics

    Explore 74 multifamily properties for sale in Missoula, MT, showcased through 74 active listings on our real estate platform. These investment opportunities span a total of 119,074 square feet of properties for sale, with an estimated market value of $64,259,500.

    Sale prices for multifamily properties in Missoula, MT start at $339,000, averaging $1,259,990, and reaching up to $8,795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 44
    Apartment buildings 17
    Triplexes 8
    Short term rental properties 7
    Quadplexes 6

    Demographics Overview

    Population 101K
    Population Growth (5Y) +2.7%
    Median Household Income $73,301
    College Educated 42.4%

    High-Yield Neighborhoods for Investment

    Identify Missoula submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    59803 $715K
    59801 $1M
    59802 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $12.97 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Missoula County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Missoula fall within the 10,000 to 25,000 square foot range.

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