228 Eddy Avenue, Missoula, MT 59801

$1,450,000

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List Price
$1,450,000
MLS#
30074098
Status
ACTIVE
County
Missoula
City
Missoula
Acres
0.17
Property Subtype
Apartment

Property Description

Five-unit (10 bed), fully renovated multi-family property in the heart of Missoula's University District, just minutes from the University of Montana campus and downtown. This turnkey investment offers exceptional unit diversity, appealing to a wide range of tenants. The property has been extensively updated throughout, with two units built as newer construction, blending modern finishes with functional, low-maintenance design. The unit mix includes an efficiency, a 1-bedroom, a 2-bedroom, a 3-bedroom, and a spacious 4-bedroom/2-bath unit, giving an owner flexibility to capture multiple rental price points within a single asset. Every unit features in-unit laundry, a major convenience that sets this property apart in the local rental market, and all units except the efficiency include air conditioning for year-round comfort. Ideally located within walking distance of campus, downtown Missoula, the Clark Fork River, and Missoula's extensive trail system, 228 Eddy Ave combines strong tenant demand fundamentals with a recently renovated building, a compelling opportunity for investors seeking a stabilized, low-deferred-maintenance multi-family asset in one of Missoula's most sought-after rental submarkets.

Additional Information

Days on Market
38
Year Built
1910
Garage Spaces
2

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Colin Rimel | colin@mainstreetmissoula.com from Listing Office: Main Street Realty.

board logoIDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.