1935 8Th St, Missoula, MT 59801
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.