A rare opportunity to acquire a 12-unit multifamily portfolio located at 813, 819, and 825 Charlo Street in Missoula's Northside neighborhood. This offering includes three contiguous 4-plex buildings, providing both operational efficiency and long-term upside in a high-demand rental corridor. The portfolio generates strong annual gross income, supported by professional management and stable occupancy. Leases are staggered from March to August 2025, helping mitigate vacancy risk and ensuring reliable cash flow. Each building has been well-maintained and features on-and-off-street parking, green space, and convenient access to shopping, dining, and transit. The 2-bedroom, 1-bathroom units, each with 787 sq ft of living space, provide comfortable living in a desirable location. The portfolio offers in-place income and potential value-add opportunities through rent growth or future individual unit sales.
Don't miss this fantastic investment opportunity in the North Side district of Missoula, MT. This well maintained property includes 12 dwelling units in 5 buildings on almost 3/4 of an acre including 2 four-plexes with two bedroom-one bathroom units, a duplex with two bedroom - one bathroom units, a 3 bedroom - 1 bathroom home with a single garage, and another 1 bedroom - 1 bathroom home. Two wells provide the perfect water source and keep watering costs low on the beautifully kept grounds. There is ample parking throughout the complex, allowing an excellent living experience for tenants. Units are spacious and well maintained by the long term owner/manager. Multiple storage sheds also allow for plenty of flexible storage options for owner and/or tenants alike. All of these features contribute to near zero vacancy and plenty of quality, long term tenants. This would also be a perfect opportunity for an owner occupant.
Missoula is located in Montana. Missoula, Montana has a population of 73,300. Missoula is more family-centric than the surrounding county with 31.86% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Missoula, Montana is $54,423. The median household income for the surrounding county is $61,423 compared to the national median of $69,021. The median age of people living in Missoula is 33.6 years.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 15.2 inches per year, with 39.5 inches of snow per year.
