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$ 695,000
Est. payment /mo
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1213 Cleveland ST Missoula, MT 59801
3,348 SqFt
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,348 sqft
Price per Sqft $207
MLS Listing ID 30076703
HOA Y/N No
Year Built 1980
Annual Tax Amount $4,877
Tax Year 2025
Lot Size 7,797 Sqft
Acres 0.179
Property Sub-Type Apartment
Property Description
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.
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.
Location
State MT
County Missoula
Interior
Interior Features InteriorFeatures
Heating Forced Air
Fireplace No
Appliance Range, Refrigerator
Laundry Common Area, In Basement
Exterior
Water Access Desc Public
Garage No
Building
Entry Level Two
Foundation See Remarks
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 04220028201050000
Special Listing Condition Standard
Listed by Eagen Real Estate
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