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$4,800,000
14 Days On Site

2402-2418 Leo Avenue
Missoula, MT 59808

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
16,568
SqFt
$290
/SqFt
2000
Built
County:
Missoula
Call Now: 406-239-6696
Is this the home for you? We can help make it yours.
406-239-6696
2402-2418 Leo Avenue2402-2418 Leo Avenue2402-2418 Leo Avenue2402-2418 Leo Avenue
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Monthly Payment (Est.)

$21,900
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$4,800,000
Days On Site 
14 Days
Bedrooms 
N/A
Inside Area (SqFt) 
16,568 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.137 Acres
Year Built 
2000
MLS® Number 
30047263
Status 
Active
Property Tax 
$36,826.95
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
1.137
Garage 
Yes
Garage Spaces 
1
Parking 
Additional ParkingOn Street
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
16568
Stories 
Two
Style 
Multi Level, Tri Level
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedPhone Available
Water Source 
Public
Zoning 
RM1-45
Interior Features
Appliances 
RangeRefrigerator
Basement 
Crawl Space
Heating 
Forced Air
Laundry Features 
Washer HookupElectric Dryer HookupIn BathroomMain LevelIn Unit
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Exterior Features
Construction Details 
Wood Siding
Lot Features 
Level
Road Frontage 
City Street
Roof 
Asphalt
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
Financing Terms Available 
CashConventional
Roads 
Asphalt
Listing courtesy of ERA Lambros Real Estate Missoula



Listing information is provided by Participants of the Montana Regional MLS. IDX information is provided exclusively for 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. Copyright 2025, Montana Regional MLS.
Last checked: 2025-05-09 03:41 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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