512 S 2nd Street W
Missoula, MT, 59801 $ 850,000
Baths0.0 Sq 1,926 Monthly Estimate*
$ 5,303
Studio for $850,000. This 1,926 square foot home was built in 1920 on a lot size of 0.131.
Located in Missoula’s desirable Riverfront neighborhood, this four-unit multifamily property offers a solid investment opportunity in a high-demand rental area. Built in 1920, the building retains elements of its early-century character while providing practical updates and functional layouts that appeal to long-term tenants. Its central location—just minutes from downtown, the Hip Strip, the Clark Fork River, and the city’s trail network—supports strong occupancy and consistent rental demand. Main floor unit is a 1+Bd and 1.5 baths with new paint & flooring! Upstairs is a large bright sunny 1 bdrm apt, with pantry, and extra storage in the attic area off of the kitchen. There are 2 basement units, one was completely remodeled from the studs out in 2015, and is a small 1 bdrm, and is super cute, the other basement apt is also a small one bedroom. Updates are: New water line, newer plumbing, newer windows, roof was installed in 2005, remodeled baths, and some new flooring on main floor, new electrical in upper unit, new shower in basement apt. , newer Rinnai heaters in both the upper and main units. Each of the four units configuration have bright living spaces, functional kitchens, classic trim details, and finishes appropriate for rental housing. The property benefits from mature trees, a covered front porch, and convenient off-street parking, with straightforward access to neighborhood amenities and public transit. Given its unit mix, established rental appeal, and placement in one of Missoula’s most walkable central neighborhoods, 512 S 2nd St W represents a reliable multifamily asset with long-term income potential. Call or email listing agent for financials.
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FeaturesGeneralGarage Spaces 0
Architectural Style Multi-Level Tri-Level
Year Built 1920
Property Subtype Quadruplex
Tax Year 2025
County Missoula
New Construction false
Property Type Residential Income
Garage Y/N false
Status Active
Directions West of Orange St on S 2nd St W
City Missoula
Senior Community Y/N false
Zoning Description 5
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 5706
Carport Y/N false
Tax Annual Amount 5735
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 624000
Property Sub Type Additional Quadruplex Multi Family
Expected Active Date 2025-11-17
Legal Description KNOWLES ADDITION # 1 S21 T13 N R19 W BLOCK 41 W 44' OF LOT 11 BLK 41
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InteriorBasement (Y/N) false
Fireplace Y/N false
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ExteriorLot Size Area 5706
Foundation Details See Remarks
Building Area Total 1926
Lot Size Acres 0.131
Lot Size Source Public Records
Waterfront Y/N false
Horse Y/N false
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* Excluded FeaturesList ByJessie M EagenListing Agent
jessie@jessieeagen.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,303
- Monthly Property Taxes
- $478
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Missoula, MT
Average List Price $1,325,862
Percent of Sale Price 56%
About Missoula, MT 71,971 Population
24% Since 2002
$ 43,995 Median Income
34.18 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/17/2025 | $850,000 | | Listed Price |