1213 Cleveland ST, Missoula, MT 59801
1213 Cleveland ST, Missoula, MT 59801
1213 Cleveland ST, Missoula, MT 59801
1213 Cleveland ST, Missoula, MT 59801
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$ 685,000
Est. payment | /mo

7,797 Sqft Lot


Save
$ 685,000
Est. payment | /mo
Save

7,797 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 415073

Year Built 1980

Annual Tax Amount $4,877

Tax Year 2025

Lot Size 7,797 Sqft

Acres 0.179

Property Sub-Type Multi Family

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.

Location

State MT

County Missoula

Area Other Counties/State

Direction From downtown Missoula, travel south on Higgins Avenue, turn right onto Mount Avenue, then left onto Cleveland Street; the property will be on the right.

Interior

Heating Baseboard

Cooling None

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Connected, Sewer Available, Water Available

Water Access Desc Public

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Others

Tax ID 0000050505

Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing

Listing Terms Cash, 1031 Exchange, 3rd Party Financing

Special Listing Condition None

Listed by Eagen Real Estate

Nearby Locations

Marie McSpadden

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(406) 223-6195

marie@haystackpropertiesmt.com

116 East Story, Bozeman, Montana 59715, USA

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1213 Cleveland ST