2402-2418 Leo Avenue, Missoula, MT

$4,590,000

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16,568

Square feet

1.14

Acres

About 2402-2418 Leo Avenue

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.

Features of 2402-2418 Leo Avenue

MLS® # 30047268
Price $4,590,000
Square Footage 16,568
Acres 1.14
Year Built 2000
Type Commercial Sale
Sub-Type Duplex
Status Active

Community Information

Address 2402-2418 Leo Avenue
City Missoula
County Missoula
State MT
Zip Code 59808

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available
Parking Additional Parking, On Street
View Mountain(s), Residential
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Gas
Fireplace No

Exterior

Roof Asphalt
Foundation Poured

Additional Information

Date Listed April 25th, 2025
Days on Market 68
Zoning Multi-Family
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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