Montana CommunitiesProperties2402-2418 Leo Avenue

2402-2418 Leo Avenue$4,800,000

Missoula, MT

16568.00 SF, 1.14 ACRES

$4,800,000

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Property Details

BIG PICTURE

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16568.00

FT2

1.14

ACRES

Description

This package of nine duplexes (18 total units) in a designated Opportunity Zone offers incredible potential for cash flow and long-term appreciation. Each unit features 2 bedrooms, 1.5 bathrooms, a detached garage, private laundry, and outdoor living space. Three units have been fully remodeled, and all buildings and garages have just been freshly painted, giving the property a clean, updated look. The condo declaration is complete and just needs final sign-off, giving you the freedom to continue operating as a multifamily rental or sell the units individually as condominiums. The highly flexible exit strategy makes this a smart play in any market. Located in a growing, high-demand area of Missoula with convenient access to shopping, schools, and transit, this property has strong tenant appeal and rental upside. Whether you're a buy-and-hold investor looking for steady returns or a developer ready to capitalize on the condo market, this asset checks every box.

PRICE

$4,800,000

FEATURES

    • MLS #: 30047263
    • Lot: 49,527.72 sqft
    • Single-Family
    • Built in 2000
    • Heating: Forced Air
    • Price/sqft: $289.72
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Listed By: Rick Meisinger, ERA Lambros Real Estate Missoula

Co-Listed By: Christopher Funston, ERA Lambros Real Estate Missoula