2402-2418 Leo Avenue

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Address: 2402 Leo Ave, Missoula, MT 59808, USA

Seattle & Northwest + Apartment Buildings

Created date: October 9, 2026

Date last updated: October 9, 2026

Price: $4,500,000Investment Analyzer NEW!

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. Also listed as Commercial MLS# 30079560.

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Broker Details

Rick Meisinger

ERA Lambros Real Estate (406) 532-9200 MLS ID: mt.545001165 State License Number: RRE-BRO-LIC-12362

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$4,500,000
No. of Units:	18
Year Built:	2000
Opportunity Zone:	No
Price per unit:	$250,000
Property Website	Click Here
Number of Bedrooms:	0
Number of Bathrooms:	0

Address: 2402-2418 Leo Avenue, Missoula, MT 59808, USA

Provided by:

Standard Status: Active

MLS Listing Number: 30079559
ID: 3yd-MWMTAR-30079559

Copyright Disclaimer: Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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