MT
Missoula
Missoula
59801
808 + 812 Ash Street
808 + 812 Ash Street, Missoula, MT 59801
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Listing Type
other
Listing Status
Active
99
$1,695,000

Home Details for 808 + 812 Ash Street

Price
$1,695,000
Type
Residential Income
Year built
1940
Lot size acres
0.161
County
Missoula
Garage
3
Days on site
101
MLS Listing#
30066869
Property Description

Generous price improvement! At $1695000, the Cap Rate is at 6.2 offering a great investment return. This thoughtfully designed 6-unit, multifamily property offers a rare blend of investment potential and comfortable owner living. The property includes five 1-bed/1-bath units along with a spacious 3-bed/2-bath owner’s suite featuring upscale, luxury finishes. The four-story property is configured across two buildings—a beautifully remodeled duplex in front and a second building in back with three additional units plus the owner’s residence. Recently completed through a full-to-the-studs renovation and new construction, every unit has been tastefully finished with modern updates throughout. The owner’s suite offers elevated design and comfort, perfect for those looking to live on-site while generating rental income. Ideally located in the heart of Missoula, the property sits right next to the Milwaukee Bike Trail and just minutes from the University of Montana, downtown shops, restaurants, and amenities. With three garage spaces, strong rental appeal, and a fully turnkey setup, this is an exceptional live-in income property or addition to any investment portfolio. Each rental unit is individually metered and consists of a spacious ~600+ sq ft area with new appliances, separate wall-mounted heating and cooling systems, and ample space for your tenants. All 5 units are currently rented for approximately $1300. The owners suite is now rented for $3300/mo bringing total rents to $9800/mo. By applying these fair rents and using them as an Airbnb, the rentals are generating between $6000-$12000 per month. Two units will be sold fully furnished. Zoning allows for 2 Airbnb units on the property if desired to be used as such. The owner's suite is a GEM! The entry floor offers two ample-sized bedrooms and a very luxurious bathroom consisting of a large soaking tub, 5-person cedar sauna, and incredible rock tile work. Once upstairs you will be presented with high-end finishes, a wonderful open floor plan for your daily living and a 660 sq ft rooftop deck that offers views of just about every prominent landmark surrounding Missoula...truly unparalleled! The fourth floor is a cozy lofted bedroom space that again offers great views along with a cozy place to sleep.

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Property Features
  • Utilities
    • Natural Gas Available
    • Cable Available
    • Electricity Connected
    • Natural Gas Connected
  • Parking
    • Alley Access
    • Shared Driveway
    • On Street
  • Heating Information
    • Ductless
    • Wall Furnace
  • Cooling Information
    • Ductless
  • Water Features
    • Public
Listing Courtesy: Glacier Sotheby's International Realty Missoula - 406-541-7020
Presented by: Shane Hall
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Montana Regional MLS (MRMLS). IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Montana Regional MLS. All Rights Reserved.
Last Updated: 2026-06-19 16:32:22
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EXIT REALTY MISSOULA
4985 Blue Mountain Rd, Missoula, MT 59804
Office
406 721 1010
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