1213 Cleveland St
Property Description
1213 Cleveland Street presents an opportunity to acquire a five-unit multifamily property in central Missoula. The property consists of a fourplex and a separate attached unit situated on an approximately 7,800-square-foot lot. All five apartments offer one-bedroom, one-bathroom floor plans, providing a consistent and practical unit mix for long-term rental operation. The fourplex features individual exterior entrances, covered upper-level access and on-site parking, while the detached unit offers added separation and privacy. Originally constructed in 1950 and 1980, the two buildings provide an established rental configuration with functional living spaces and full kitchens. The property offers an investor the opportunity to continue operating the existing five-unit asset while making strategic interior, exterior and landscaping improvements over time. Its central location provides convenient access to shopping, employment, public transportation and Missoula’s downtown and university areas. With five rentable units on a single parcel, 1213 Cleveland offers an appealing combination of existing income potential, manageable unit sizes and long-term value-add opportunity.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $695,000 |
| No. of Units: | 10 |
| Year Built: | 1950 |
| Lot Size: | 0.18 Acres |
| Opportunity Zone: | No |
| Price per unit: | $69,500 |
| Property Website | Click Here |
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