Missoula $4,800,000

2402-2418 Leo Avenue Missoula MT 59808

$4,800,000

30047268

This rare offering includes nine well-maintained duplexes' total of 18 spacious 2 bed, 1.5 bath units, each with its own detached garage. This multifamily property is cash-flow ready with established tenants and strong rental history, making it ideal for both seasoned investors and those looking to expand their portfolio. What truly sets this property apart is its flexible exit strategy: the condo declaration has been completed and is simply awaiting final sign-off. This allows you to continue operating as a multifamily income property or sell the units off individually as condominiums, opening the door for significant profit potential through retail sales. Each unit offers a functional layout with open living spaces, private laundry, and outdoor patios or green space, enhancing tenant appeal and retention. The detached garages add further value, whether used for parking or extra storage. Located in a desirable, high-demand area with easy access to amenities, transit, and schools, this property provides both immediate income and long-term upside. Don't miss this unique opportunity to own a turn-key investment with built-in flexibility. Call today for a private tour or financials package.

Listing Details

  • UseDuplex
  • Year Built2000
  • Lot Size1.1370
  • ZoningRM1-45

Location

Listing Agent: Rick Meisinger
Listing Office: ERA Lambros Real Estate Missoula 3011 American Way Missoula

The information on this sheet has been made available by the MLS and may not be the listing of the provider. Copyright (c)2026 Montana Regional MLS. All Rights Reserved. MRMLS All information provided is deemed reliable but is not guaranteed and should be independently verified.