MT
Missoula
Missoula
59808
2402-2418 Leo Avenue
2402-2418 Leo Avenue, Missoula, MT 59808
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Listing Type
Commercial/Industrial
Listing Status
active
42
$4,590,000

Home Details for 2402-2418 Leo Avenue

Price
$4,590,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
16568
Year built
2000
Lot size acres
1.137
County
Missoula
Garage
Basement
Concrete
Days on site
243
MLS Listing#
30047268
Property Description

This rare offering includes nine well-maintained duplexes' total of 18 spacious 2 bed, 1.5 bath units, each with its own detached garage. This multifamily property is cash-flow ready with established tenants and strong rental history, making it ideal for both seasoned investors and those looking to expand their portfolio. What truly sets this property apart is its flexible exit strategy: the condo declaration has been completed and is simply awaiting final sign-off. This allows you to continue operating as a multifamily income property or sell the units off individually as condominiums, opening the door for significant profit potential through retail sales. Each unit offers a functional layout with open living spaces, private laundry, and outdoor patios or green space, enhancing tenant appeal and retention. The detached garages add further value, whether used for parking or extra storage. Located in a desirable, high-demand area with easy access to amenities, transit, and schools, this property provides both immediate income and long-term upside. Don't miss this unique opportunity to own a turn-key investment with built-in flexibility. Call today for a private tour or financials package.

Property Features
  • Utilities
    • Natural Gas Available
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • Phone Available
  • Heating Information
    • Natural Gas
    • Forced Air
  • Parking
    • Additional Parking
    • On Street
  • Water Features
    • Public
  • Basement
    • Concrete
Listing Courtesy: ERA Lambros Real Estate Missoula - 406-532-9200
Presented by: Rick Meisinger
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 ©2025 Montana Regional MLS. All Rights Reserved.
Last Updated: 2025-09-25 13:02:48
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EXIT REALTY MISSOULA PLEASANTVIEW
2816 Mary Jane Blvd, Missoula, MT 59808
Office
406 241 0024
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