Multi Family Home · Missoula, MT 59801

1629 River Road, Missoula, MT 59801

Missoula, MT 59801

$1,350,000

ActiveMLS® 410082

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ActiveMLS® 410082
$1,350,000
1629 River Road, Missoula, MT 59801
Bds Ba 0 Sq.Ft. Ac
Description

Positioned in one of Missoula’s most desirable corridors, this income producing property at 1629 River Road offers a rare combination of scale, location, and upside. The asset includes one single family residence and four duplex buildings totaling eight rental units, all fully leased and generating consistent income. Situated directly across from the scenic Clark Fork River and just minutes from Downtown Missoula, the property benefits from strong tenant demand driven by proximity to recreation, employment, and amenities. Each duplex unit features a functional one bedroom one bathroom layout, while the single family home offers three bedrooms and one bathroom. Current rents are significantly below market, presenting a clear value add opportunity through rent adjustments and continued operational improvements. With all units occupied, investors can step into immediate cash flow while capitalizing on long term appreciation in one of western Montana’s most resilient rental markets. This is a compelling opportunity to acquire a well located multifamily asset with stable income and substantial upside potential in the heart of Missoula.

Interior
  • Heating Natural Gas
Utilities
  • Sewer Public Sewer
  • Utilities Sewer Available, Water Available
  • Water Public
Location and Zoning
  • Zoning description Call Listing Agent for Details
  • County Missoula
  • Subdivision Other
  • Neighborhood River Road
Schools
  • School District Missoula High School District
Tax and Legal
  • Annual tax $11,400
  • Tax year 2025
  • Parcel number 0001724203
  • Legal description A portion of: COBBAN & DINSMORE'S ORCHARD HOMES # 2, S20, T13 N, R19 W, TRACT A OF LOT 13 TO BE CONFIRMED BY TITLE

Listing Information

Listing Agent
Ryan Thompson
Co-Listing Agent
Jessie Eagen
Listing Office
Coldwell Banker Distinctive Pr
IDX

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2026 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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