$10,000
closing credit¹
1601-1607 S 3rd St W Missoula, MT 59801
Property details
About 1601-1607 S 3rd St W
Excellent centrally located multi-family investment opportunity with 8 units total (2 4-plexes on 2 separate lots) with great rental history. The buildings are located across from the Good Food Store offering easy access to bus routes, shopping, downtown, and the university. Most units have been updated with flooring and paint, several have had complete remodels with kitchens and bathrooms as well. One unit is an actively running vacation rental unit that has provided a strong income stream and currently has several bookings for 2025 - can be purchased as a turn key vacation rental with furniture and all or could be converted back to a long term rental unit. Priced to provide a competitive return for investors and room for upward potential as well. Call Betsy Milyard at 406-880-4749 or real estate professional for more information.
Highlights
Summary
- MLS Number: 30039257
- MLS Name: MTR
- Office Name: Montana Preferred Properties
- Office Phone: (406) 541-7355
- Office Email: milyardhomes@yahoo.com
- Listing Agent: Betsy J. Milyard
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,500,000
1601-1607 S 3rd St W
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
7
Hawthorne Elementary School
Public District KG-5
0.4 mi
•2835 S 3rd St W
5
Target Range School
Public District PK-6
1.5 mi
•4095 South Ave W
5
Franklin Elementary School
Public District KG-5
1.6 mi
•1910 S 11th St W
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,494. Typical income of Missoula, MT residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Horse Races
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
LongHorn Steakhouse
What do the neighbors drive?
Mazda
Lincoln
Buick
What do the neighbors listen to?
Rock
Classical
Contemporary Inspirational
This home is located at 1601-1607 S 3rd St W in Missoula, MT and zip code 59804 in the Orchard Homes neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $1,500,000.
Over 13 listings were sold over their listed price in December 2024 in Missoula, MT. In the same period over 49 listings were sold below the listed price and 13 listings were sold for the listed price. The inventory of homes for sale in Missoula, MT between November and December 2024 decreased by 5.7%. The median list price of listings available in December 2024 was $554,803, while the average time on the real estate market was 78 days.