1629 River Road$1,475,000
Missoula, MT
$1,475,000
Property Details
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Description
Positioned in one of Missoula’s most desirable corridors, this income producing property at 1629 River Road offers a rare combination of scale, location, and upside. The asset includes one single family residence and four duplex buildings totaling eight rental units, all fully leased and generating consistent income. Situated directly across from the scenic Clark Fork River and just minutes from Downtown Missoula, the property benefits from strong tenant demand driven by proximity to recreation, employment, and amenities. Each duplex unit features a functional one bedroom one bathroom layout, while the single family home offers three bedrooms and one bathroom. Current rents are significantly below market, presenting a clear value add opportunity through rent adjustments and continued operational improvements. With all units occupied, investors can step into immediate cash flow while capitalizing on long term appreciation in one of western Montana’s most resilient rental markets. This is a compelling opportunity to acquire a well located multifamily asset with stable income and substantial upside potential in the heart of Missoula.PRICE
$1,475,000
FEATURES
- MLS #: 410082
- Multi-Family
- Built in 1950
- Heating: Natural Gas