Lease · Missoula, MT 59801

228 Eddy Avenue, Missoula, MT 59801

Missoula, MT 59801

$1,450,000

ActiveMLS® 30074098

Return to results
ActiveMLS® 30074098
$1,450,000
228 Eddy Avenue, Missoula, MT 59801
Bds Ba 6,335 Sq.Ft. 0.17 Ac
Description

Five-unit (10 bed), fully renovated multi-family property in the heart of Missoula's University District, just minutes from the University of Montana campus and downtown. This turnkey investment offers exceptional unit diversity, appealing to a wide range of tenants. The property has been extensively updated throughout, with two units built as newer construction, blending modern finishes with functional, low-maintenance design. The unit mix includes an efficiency, a 1-bedroom, a 2-bedroom, a 3-bedroom, and a spacious 4-bedroom/2-bath unit, giving an owner flexibility to capture multiple rental price points within a single asset. Every unit features in-unit laundry, a major convenience that sets this property apart in the local rental market, and all units except the efficiency include air conditioning for year-round comfort. Ideally located within walking distance of campus, downtown Missoula, the Clark Fork River, and Missoula's extensive trail system, 228 Eddy Ave combines strong tenant demand fundamentals with a recently renovated building, a compelling opportunity for investors seeking a stabilized, low-deferred-maintenance multi-family asset in one of Missoula's most sought-after rental submarkets.

Interior
  • Laundry Washer Hookup
Exterior and Construction
  • Construction Poured
Land and Lot
  • Lot size 0.17 acres (7,405 sq ft)
Location and Zoning
  • County Missoula
  • Neighborhood University District
Schools
  • School District Missoula High School District
Tax and Legal
  • Annual tax $12,936.69
  • Tax year 2025
  • Parcel number 04220027240020000
  • Legal description HAMMOND ADDITION, S27, T13 N, R19 W, BLOCK 3, 90' X 82 1/2' OF BLK 32
Parking and Garage
  • Garage spaces 2

Listing Information

Listing Agent
Colin Rimel
Listing Office
Main Street Realty
MLS logo

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2026 Montana Regional Multiple Listing Service, Inc. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Location
Loading map…