731 Palmer Street, Missoula, MT 59802

$824,900
4,480
SqFt

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List Price
$824,900
MLS#
30080642
Status
ACTIVE
County
Missoula
City
Missoula
Living Area
4,480
Acres
0.22
Property Subtype
Quadruplex

Property Description

Discover the potential at 731 Palmer Street in Missoula, Montana. Built in 1990, this 4-plex offers a substantial 9,583-square-foot lot that serves the tenants well with large outdoor space, located near parks and the North Side trail system connecting you to miles of outdoor access. Whether you are an investor seeking a strategic addition to your portfolio or a handy homeowner looking to build value, this property presents a versatile foundation in a sought-after location. The units are all large 3 bedroom units and with some TLC to the exterior, this property is positioned to see substantial rent increases, enhancing a new investor's return. Leases are all 12-month that are coming up for renewal this spring, allowing a new owner to reposition the property in today's market. The ample outdoor area allows for creative landscaping or functional improvements that can enhance the overall experience of the site, and its location near Providence St. Pat's Hospital, shopping, public bus lines, and other amenities that make this location desirable.

Additional Information

Days on Market
1
Year Built
1990
Roof
Asphalt

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Listing courtesy of Listing Agent: Devin Khoury | MissoulaProperties@gmail.com from Listing Office: PureWest Real Estate Missoula.

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.