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2402-2418 Leo Avenue , Missoula, MT 59808

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Featured Listing Active
BEDS0 BATHS MLS#30047263
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Days on Market: 325
Garage: 1
Heating: Forced Air
Home Style: Multi-Level, Tri-Level
Lot Size: 1.14 Acres
Roof Type: Asphalt
Taxes: $36,826
Year Built: 2000

Feature Descriptions

Appliances: Range, Refrigerator
Exterior: Wood Siding, Wood Frame
Laundry: Washer Hookup, Electric Dryer Hookup, In Bathroom, Main Level, In Unit
Lot: Level
Lot Dimensions: 0
Parcel#: 04220017114030000
Parking: Additional Parking, On Street
Parking Notes: Additional Parking, On Street
Sewer: Public Sewer
Special View Info: Mountain(s), Residential
Topography: Level
Units: 18
Utilities: Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Available
Water: Public

Listed By / Shown By

Listed By

Agency Name: ERA Lambros Real Estate Missoula

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Shown By

Agent Name: Rick Meisinger
Agent Phone: (406) 240-6031

Estimate Your Payment

Estimated Payment

$ 3,068.83 per month $0.00 Principal & Interest $3,068.83 Property Tax $0.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 03/16/2026. The listing information on this page last changed on 03/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/16/2026 6:24:02 AM EST) or Montana Regional MLS (last updated Sun 03/15/2026 8:43:50 PM EST). Real estate listings held by brokerage firms other than ERA Lambros Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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