Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2300 Mcdonald Ave Missoula, MT 59801-7300

    • Garden apartment buildings
    • 2,920 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US52-0082976
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 2300 Mcdonald Ave

    Year built
    1961
    Construction
    WOOD
    Lot size
    0.18 lot acres
    Property size
    2,920 SF
    Property type
    Garden apartment buildings
    APN
    04-2200-32-3-32-09-0000
    APU
    4220032332090000

    Description

    This exceptional 6-unit apartment building in Missoula, Montana, presents a compelling investment opportunity. Boasting 2,920 square feet on a 7,620 square foot lot, this property offers a strong 6.49% cap rate with a Net Operating Income (NOI) of $71,118. Built in 1961 and extensively renovated between 2019 and 2024 (details in brochure), the building features modern amenities throughout all six units. Upgrades include wood laminate flooring, porcelain tile bathrooms, energy-efficient heating systems, updated cabinetry, and newer appliances and windows. Each unit benefits from a private patio and designated storage in a shared shed. Residents also enjoy access to a shared washer/dryer facility. The property includes 4-5 off-street parking spaces, supplemented by ample on-street parking. Conveniently located near shopping, dining, and the Bitterroot Bike Trail, this property offers both strong rental income potential and a desirable location. Included in the sale are all refrigerators, range ovens, and microwaves. Negotiable items include the shed, picnic table, raised garden beds, furnishings in unit #6 (currently used as a short-term rental), and the shared laundry room washer/dryer. The property is zoned C1-4 Neighborhood Commercial and has a Missoula County APN of 5864628. The address is 2300 McDonald Ave, Missoula, MT 59801. Detailed floor plans and additional property documentation are available. This is a turnkey investment ready for immediate income generation.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -114.035
    Latitude
    46.8399
    CBSA code
    33540
    CBSA name
    MISSOULA, MT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,252
    $0.00
    $0.00
    $686,100
    -
    $269,892
    $416,208
    $686,100

    Comparable in this City

    • Value Estimation by Request
      5,738 SF

      1524 11th W St

      GARDEN APT, COURT APT (5+ UNITS) • 5,738 SF
      1524 11th W St, Missoula, MT 59801-4899
      View Details
    • Value Estimation by Request
      5,408 SF

      1250 34th St

      GARDEN APT, COURT APT (5+ UNITS) • 5,408 SF
      1250 34th St, Missoula, MT 59801-8573
      View Details
    • Value Estimation by Request
      63,216 SF

      1900 3rd W St

      GARDEN APT, COURT APT (5+ UNITS) • 63,216 SF
      1900 3rd W St, Missoula, MT 59801-2274
      View Details
    • Value Estimation by Request
      7,020 SF

      744 6th W St

      GARDEN APT, COURT APT (5+ UNITS) • 7,020 SF
      744 6th W St, Missoula, MT 59801-3861
      View Details
    • Value Estimation by Request
      5,184 SF

      1515 Ashberry Ct

      GARDEN APT, COURT APT (5+ UNITS) • 5,184 SF
      1515 Ashberry Ct, Missoula, MT 59801-8382
      View Details
    • Value Estimation by Request
      26,251 SF

      1580 Milwaukee Way

      GARDEN APT, COURT APT (5+ UNITS) • 26,251 SF
      1580 Milwaukee Way, Missoula, MT 59801-3006
      View Details

    Similar Nearby for Sale

    • $779,900
      1,215 SF

      Condo Near Downtown and River

      Spacious 2 bed, 2 bath condo near downtown amenities.
      265 S 4Th St E, Missoula, MT 59801
      View Details
    • $355,000
      1,464 SF

      Centrally Located Condo with Amenities

      Spacious 3-bedroom condo near Milwaukee Bike Trail and local spots.
      1915 Montana St, Missoula, MT 59801
      View Details
    • $11,800,000
      2.97 Acres

      Multifamily Investment Opportunity in Missoula

      54-unit complex with development potential in Missoula's Westside.
      1650 N Russell St, Missoula, MT 59801
      View Details
    • Contact for pricing

      25-Unit Condominium Investment Opportunity

      Well-maintained 25-unit condominium property in central Missoula.
      3000 Washburn St, Missoula, MT 59801
      View Details
    • New
      $1,100,000
      0.15 Acres

      Well-Maintained 6-Plex in Missoula

      6-plex in desirable location near University District and downtown.
      520 Hickory St, Missoula, MT 59801
      View Details
    • $329,550
      0.20 Acres

      Modern Multifamily Property in Missoula

      Remodeled condo unit with seller financing available in Missoula.
      3609 Paxson St, Missoula, MT 59801
      View Details

    Similar Nearby for Lease

    • $3,057 /Mo
      12,555 SF

      Missoula Office Building For Sale

      Prime Missoula office, strong cash flow.
      3819 Stephens Ave, Missoula, MT 59801
      View Details
    • $15 SF/Yr
      4,200 SF

      Downtown Missoula Commercial Gem

      4,200 sq ft, Single Tenant, HipStrip Location
      817 Higgins Ave, Missoula, MT 59801
      View Details
    • $300 /Mo
      1,391 SF

      Prime Missoula Executive Office Space

      1391 sq ft, Class A Office, Old Sawmill District
      970 Wyoming St, Missoula, MT 59801
      View Details
    • $315 /Mo
      8,170 SF

      Cambium Place: Class A Office Space

      8,170 sq ft Office; Old Sawmill District
      945 Wyoming St, Missoula, MT 59801
      View Details
    • $13 SF/Yr
      942 SF

      Burlington Avenue Office Space

      942 sq ft, Single-Tenant Office, Prime Location
      1018 Burlington Ave, Missoula, MT 59801
      View Details
    • $760 /Mo
      22,216 SF

      Missoula Office Space For Lease

      Centrally located second-floor office space available for lease.
      1018 Burlington Ave, Missoula, MT 59801
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2300 Mcdonald Ave
    Missoula, MT 59801-7300
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.