1315 E Broadway St
- 11-unit multifamily investment property in Missoula
- Diverse unit mix with 1-, 2-, and 3-bedroom floor plans
- Two 1 BR / 1 BA units
- Two 1 BR / 1.5 BA units with lofts
- Five 2 BR / 1.5 BA units
- One 2 BR / 1 BA unit
- One 3 BR / 2.5 BA unit
- Approximately 0.60-acre site
- Garden-style apartment configuration
- Direct exterior access to many units
- Multiple balconies and patio areas
- On-site surface parking
- Covered carport parking
- Established multifamily location along the E Broadway corridor
- Convenient access to downtown Missoula, employment centers, services, and major transportation routes
- Near the Clark Fork River corridor
- Mountain and hillside views
- Potential for continued operational and capital improvements over time
Property Description
1315 E Broadway presents a compelling opportunity to acquire an established 11-unit multifamily property in Missoula. Situated on approximately 0.60 acres, the property features a diverse unit mix consisting of two 1-bedroom/1-bath units, two 1-bedroom/1.5-bath units with lofts, five 2-bedroom/1.5-bath units, one 2-bedroom/1-bath unit, and one 3-bedroom/2.5-bath unit. The varied floor plans provide housing options across a range of tenant needs and enhance the property's overall rental versatility. Originally constructed in 1977, the garden-style complex offers direct exterior unit access, multiple balconies and patio areas, surface parking, and covered carport parking. The low-density configuration, mature landscaping, and surrounding mountain setting provide a distinctive residential environment within an established multifamily area. Located along the E Broadway corridor, the property offers convenient access to downtown Missoula, employment centers, services, transportation routes, and the surrounding river and trail system. With 11 units, a broad unit mix, substantial on-site parking, and an established rental location, 1315 E Broadway represents an opportunity for an investor seeking a well-located Missoula multifamily asset with potential for continued operational and property improvements over time.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,675,000 |
| No. of Units: | 11 |
| Year Built: | 1977 |
| Lot Size: | 0.60 Acres |
| Opportunity Zone: | No |
| Price per unit: | $152,273 |
| Property Website | Click Here |
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