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    OFF-MARKET
    Small apartment buildings

    1935 8Th St, Missoula, MT 59801

    0.15 ac lot
    Property ID
    US52-0071020
    Property summary
    AI-generated overview

    This Missoula property, located at 1935 S 8th Street W, presents a compelling investment opportunity. The 0.149-acre lot (6,490 square feet) is zoned RM1-45, allowing for the development of multiple units, significantly exceeding the existing single-family dwelling. The current structure is a one-level home featuring 880 square feet of living space, one bedroom, and one bathroom. However, the true value lies in the land's potential for redevelopment. The property's location in Missoula, Montana, within the 59801 zip code, offers access to a growing market and strong rental demand. The asking price is $385,000. This represents a chance to capitalize on the increasing need for housing in a desirable area. The property consists of two combined lots, further enhancing its development potential. Serious investors should investigate the zoning regulations and explore the possibilities this unique property offers. This is an exceptional opportunity to build a multi-unit residential development in a thriving Montana city. The property is situated in Missoula County.

    Property profile
    Verified
    Property type Small apartment buildings
    Lot 0.15 ac (6,490 SF)
    UPID US52-0071020
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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