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About the Listing 545050362 - mt.djwells
ATTENTION Investors and Developers: Income Producing 6 Plex + Extra Lot with Development Potential! Exceptional investment opportunity in the heart of Missoula! This thoughtfully designed 6-plex features six spacious 1-bedroom, 1-bathroom units, each offering both private interior and exterior access for added convenience and tenant appeal. The property is currently generating $6,100 per month in rental income with one vacant unit. Leasing the vacant unit brings projected gross monthly income to approximately $7,400. The property also includes a detached two-bay garage, currently rented, providing an additional source of income. The offering also includes a separate lot currently utilized for tenant parking, creating significant upside beyond the existing income stream. Based on a market development study by IMEG Engineering, the extra lot may support a variety of development strategies, including a two-story 8-plex, TED development, formal subdivision, boundary line relocation, condominium conversion, or other redevelopment options. Buyers should verify all zoning, entitlements, and development potential with the City of Missoula. Whether held as a stabilized income property, repositioned through operational improvements, or leveraged for future redevelopment, this asset presents a compelling combination of current cash flow, expansion potential, and long-term appreciation in a high-demand Missoula location.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Electric,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other:
- Water: Public
Exterior Details
- Garage Capacity: 2 car
- Zoning: UR-4 (Urban Residential)
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Additional Parking
Financial Details
- Tax Amount: $14,715
- Taxes w/Assessments: N/A
- Tax/Property ID: 04220028101020000
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
839 Brooks St Missoula, MT 59801
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