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About This Home

Seller will finance – 25% Down, 5.5% interest, 30 year fixed, 10 year balloon! Profitable and well-maintained six-unit apartment building in the heart of Downtown Missoula! Just one block from Black Coffee Roasting Co. and only a three-minute walk to the center of downtown, this property offers tenants the walkable lifestyle that keeps rental demand strong. Residents enjoy easy access to restaurants, breweries, shopping, the Clark Fork River Trail, and the University of Montana - all without needing a car. The property has been thoughtfully maintained with recent improvements including a new roof, blown-in attic insulation, and fresh exterior paint. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an opportunity to own a low-maintenance, income-producing asset in one of Missoula's most desirable rental locations.

Getting Around

Walker's Paradise

Good Transit

100

Biker's Paradise

Schools

3/10

Lowell SchoolGrades PK-51.1 mi

5/10

Porter Middle SchoolGrades 6-82.9 mi

6/10

Hellgate High SchoolGrades 9-120.8 mi

Construction

Condition

Year built: 1910

Materials

Foundation: Poured,Stone,Basement
Roof: Asphalt

Type & Style

Home type: MultiFamily
Property subType: Multi Family,Apartment

Interior

Basement

Has basement: Yes
Basement: Full,Unfinished,Walk-Up Access

Bedrooms & Bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Heating features: Gas,Hot Water

Interior Area

Total structure area: 3,702
Total interior livable area: 3,702 sqft

Property

Details

Parcel number: 04220022241050000
Zoning description: 1
Special condition: Standard

Features

Levels: Two
Has view: Yes
View description: City,Residential
Topography of land: Level

Lot

Lot size: 4,486 sqft
Features: Front Yard,Sprinklers In Ground,Level

Parking

Parking features: On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

Cold WaveRelatively High
EarthquakeRelatively High
Ice StormRelatively High
Inland FloodingModerate
LightningModerate
Winter WeatherModerate

How This Home’s Risks Compare

FEMA Declared Disasters in Missoula County and Montana

Flood

Severe Storm

Straight Line Winds

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

	Monthly	Annual
Mortgage	$3,918	$47,016
Home Insurance	$231	$2,772
Property Taxes	$489	$5,868
Electricity	$254	$3,050
Total	$4,892	$58,704

Income You'd Need if You Spent...

30% on housingRecommended$195,680/yr

35% on housing$167,725/yr

40% on housing$146,760/yr

45% on housing$130,453/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.3%

12.3%

0%30.0%

Electricity Growth Rate10-year average: 1.3%

1.3%

0%15.0%

Property Taxes Growth Rate2-year average: 5.0%

5.0%

0%15.0%

Income Spent on Housing

30%

30%45%

Comparing Against the Market

Price Per Sq Ft

$209This listing

vs Other Active Listings

Avg $/sqft

ZIP 59802$218

Missoula County$310

vs Homes Sold Last Month

Median $/sqft

ZIP 59802$326