For Sale $1,675,000

Investment Overview

1315 E Broadway presents a compelling opportunity to acquire an established 11-unit multifamily property in Missoula. Situated on approximately 0.60 acres, the property features a diverse unit mix consisting of two 1-bedroom/1-bath units, two 1-bedroom/1.5-bath units with lofts, five 2-bedroom/1.5-bath units, one 2-bedroom/1-bath unit, and one 3-bedroom/2.5-bath unit. The varied floor plans provide housing options across a range of tenant needs and enhance the property's overall rental versatility. Originally constructed in 1977, the garden-style complex offers direct exterior unit access, multiple balconies and patio areas, surface parking, and covered carport parking. The low-density configuration, mature landscaping, and surrounding mountain setting provide a distinctive residential environment within an established multifamily area. Located along the E Broadway corridor, the property offers convenient access to downtown Missoula, employment centers, services, transportation routes, and the surrounding river and trail system. With 11 units, a broad unit mix, substantial on-site parking, and an established rental location, 1315 E Broadway represents an opportunity for an investor seeking a well-located Missoula multifamily asset with potential for continued operational and property improvements over time.

Investment Highlights

• 11-unit multifamily investment property in Missoula
• Diverse unit mix with 1-, 2-, and 3-bedroom floor plans
• Two 1 BR / 1 BA units
• Two 1 BR / 1.5 BA units with lofts
• Five 2 BR / 1.5 BA units
• One 2 BR / 1 BA unit
• One 3 BR / 2.5 BA unit
• Approximately 0.60-acre site
• Garden-style apartment configuration
• Direct exterior access to many units
• Multiple balconies and patio areas
• On-site surface parking
• Covered carport parking
• Established multifamily location along the E Broadway corridor
• Convenient access to downtown Missoula, employment centers, services, and major transportation routes
• Near the Clark Fork River corridor
• Mountain and hillside views
• Potential for continued operational and capital improvements over time