2402-2418 Leo Avenue Missoula, MT 59808
Listing Courtesy of: MLS LogoMontana Regional MLS / ERA Lambros Real Estate / Rick Meisinger / Chris Funston

  2402-2418 Leo Avenue Missoula, MT 59808

Active (6 Days)
$4,800,000
16,568
SQFT

Description

This package of nine duplexes (18 total units) in a designated Opportunity Zone offers incredible potential for cash flow and long-term appreciation. Each unit features 2 bedrooms, 1.5 bathrooms, a detached garage, private laundry, and outdoor living space. Three units have been fully remodeled, and all buildings and garages have just been freshly painted, giving the property a clean, updated look. The condo declaration is complete and just needs final sign-off, giving you the freedom to continue operating as a multifamily rental or sell the units individually as condominiums. The highly flexible exit strategy makes this a smart play in any market. Located in a growing, high-demand area of Missoula with convenient access to shopping, schools, and transit, this property has strong tenant appeal and rental upside. Whether you're a buy-and-hold investor looking for steady returns or a developer ready to capitalize on the condo market, this asset checks every box.

MLS #:
30047263
Taxes
$36,827(2024)
Lot Size
1.14 acres
Type
Multifamily
Year Built
2000
Style
Multi-Level, Tri-Level
Views
Mountain(s), Residential
County
Missoula County

Listed By

Rick Meisinger, ERA Lambros Real Estate
Chris Funston, ERA Lambros Real Estate
Source
Montana Regional MLS
Last checked May 1 2025 at 8:44 AM MDT
Bathroom Details
Interior Features
  • Laundry: In Unit
  • Laundry: Electric Dryer Hookup
  • Laundry: In Bathroom
  • Laundry: Main Level
  • Laundry: Washer Hookup
  • Range
  • Refrigerator
Lot Information
  • Level
Property Features
  • Foundation: Poured
Heating and Cooling
  • Forced Air
Basement Information
  • Crawl Space
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available, Water Source: Public
  • Sewer: Public Sewer
Parking
  • Additional Parking
  • On Street
Location
   
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Disclaimer: This information is being provided by the Montana Regional MLS © 2025. The listings presented here may or may not be listed by the Broker/Agent operating this website. Updated: 5/1/25 01:44