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2402-2418 Leo Avenue

Missoula, MT 59808
  • $4,590,000
  • STATUS: Active
  • ON SITE: 289 Days
  • MLS #: 30047263
$4,590,000
  • 0
    BEDS
  • 1.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2000
County:
Area:

School Ratings & Info

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.

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© 2026 Montana Regional MLS. 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 is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2026-02-09T00:18:38.86.
www.helenahomebuyer.com/homes/162979272
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2402-2418 Leo Avenue Missoula, MT 59808

  • Price: $4,590,000
  • Status: Active
  • On Site: 289 Days
  • MLS #: 30047263
0
Beds
0
Baths
0
½ Baths
1.14
Acres
2000
Built
County:
Missoula
Area:
Missoula
Property 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.
Exterior Features

Architectural Style Multi- Level Tri- Level Carport YN No Construction Materials Wood Siding Wood Frame Foundation Details Poured Garage YN Yes Levels Two Lot Features Level Parking Features Additional Parking On Street Road Frontage Type City Street Road Surface Type Asphalt Roof Asphalt Topography Level View Mountain(s) Residential View YN Yes Waterfront YN No

Interior Features

Appliances Range Refrigerator Basement Crawl Space Basement YN Yes Fireplace YN No Heating Forced Air Heating YN Yes

Property Features

Building Area Total 16568 Listing Terms Cash Conventional New Construction YN No Property Sub Type Apartment Property Sub Type Additional Apartment Multi Family Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 36826.95 Tax Legal Description Fractional Lots 2345678910111213141516171819 in Block 3 of WEST MISSOULAa platted subdivision in the City of Missoula Missoula County Montana Tax Year 2024 Utilities Electricity Connected Natural Gas Connected High Speed Internet Available Phone Available Water Source Public Zoning Description RM1-45

Listing Agent: Rick Meisinger
Listing Office: ERA Lambros Real Estate Missoula, Office Contact Info: 406-532-9200


© 2026 Montana Regional MLS. 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 is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2026-02-09T00:18:38.86.
 
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Andy O Realty Group | Keller Williams Capital Realty
130 Neill Avenue
Helena MT, 59601