1213 Cleveland Street

Missoula, MT 59801

About this property

1213 Cleveland Street presents an opportunity to acquire a five-unit multifamily property in central Missoula. The property consists of a fourplex and a separate attached unit situated on an approximately 7,800-square-foot lot. All five apartments offer one-bedroom, one-bathroom floor plans, providing a consistent and practical unit mix for long-term rental operation. The fourplex features individual exterior entrances, covered upper-level access and on-site parking, while the detached unit offers added separation and privacy. Originally constructed in 1950 and 1980, the two buildings provide an established rental configuration with functional living spaces and full kitchens. The property offers an investor the opportunity to continue operating the existing five-unit asset while making strategic interior, exterior and landscaping improvements over time. Its central location provides convenient access to shopping, employment, public transportation and Missoula’s downtown and university areas. With five rentable units on a single parcel, 1213 Cleveland offers an appealing combination of existing income potential, manageable unit sizes and long-term value-add opportunity.

About this property

1213 Cleveland Street presents an opportunity to acquire a five-unit multifamily property in central Missoula. The property consists of a fourplex and a separate attached unit situated on an approximately 7,800-square-foot lot. All five apartments offer one-bedroom, one-bathroom floor plans, providing a consistent and practical unit mix for long-term rental operation. The fourplex features individual exterior entrances, covered upper-level access and on-site parking, while the detached unit offers added separation and privacy. Originally constructed in 1950 and 1980, the two buildings provide an established rental configuration with functional living spaces and full kitchens. The property offers an investor the opportunity to continue operating the existing five-unit asset while making strategic interior, exterior and landscaping improvements over time. Its central location provides convenient access to shopping, employment, public transportation and Missoula’s downtown and university areas. With five rentable units on a single parcel, 1213 Cleveland offers an appealing combination of existing income potential, manageable unit sizes and long-term value-add opportunity.

Features and Additional Information

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$695,000 Active
3,348 sqft

Presented By Coldwell Banker Distinctive Properties Sun Valley

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Eagen Real Estate
1-406-542-1811
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Area Information

| Missoula County |

$ 695,000
This listing is play_arrow 21.9% higher than the average in the area
$ 569,950 in the area
3,348 SqFt
This listing is play_arrow 87.9% larger than the average in the area
1,782 SqFt in the area
$ 208 $/SqFt
This listing is play_arrow 43.6% less than the average in the area
$ 368 $/SqFt in the area
25 days on site
This listing is play_arrow 18.0% below the average in the area
31 days on site in the area

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Listed By Jessie M Eagen
Brokerage: Eagen Real Estate

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