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$1,425,000

1601-1607 S 3rd St W Missoula, MT 59801

0.3 acres
Condo

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. Priced to provide a competitive return for investors and room for upward potential as well. Can be purchased individually as well (see MLS #s 30051631 & 30051626).

Highlights

Home typeCondominium
HeatingBaseboard, Electric
StatusAccepting Backup Offers
(Active Under Contract)
BasementYes
Lot size0.35 Acres
Year built1986
ParkingAdditional Parking, Shared Driveway
MLS #30051625

Summary

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Interior: Main Level Primary, Open Floorplan
  • Parking: Additional Parking, Shared Driveway
  • Architectural Style: Multi-Level, Tri-Level
  • Heating: Baseboard, Electric
  • List Price: $1,425,000
  • Lot: Level
  • Directions: 1601 & 1607 S 3rd St W - GPS will take you there
  • Year Built: 1986
  • Lot Size: 0.35 Acres
  • MLS Number: 30051625
  • MLS Name: MTR
  • Office Name: Montana Preferred Properties
  • Office Phone: (406) 541-7355
  • Office Email: milyardhomes@yahoo.com
  • Listing Agent: Betsy J. Milyard

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2025 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 8:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

8

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $63,494. Residents of Missoula, MT typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

15%
<35k
60%
35k-100k
24%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

39%
Single, No Kids
6%
Single, with Kids
35%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
42%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • MazdaMazda
  • LincolnLincoln
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Frequently asked questions

About 1601-1607 S 3rd St W

The listing price of 1601-1607 S 3rd St W property is $1,425,000.

The property 1601-1607 S 3rd St W is a condo located in Missoula, Montana, 59801.

Accepting Backup Offers: 1601-1607 S 3rd St W is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 1601-1607 S 3rd St W are: Hawthorne Elementary School (GreatSchools Rating 8/10), Target Range School (GreatSchools Rating 5/10), Franklin Elementary School (GreatSchools Rating 5/10), C.S. Porter Middle School (GreatSchools Rating 5/10), Target Range 7-8 (GreatSchools Rating 7/10), Hellgate Middle School (GreatSchools Rating 5/10), Big Sky High School (GreatSchools Rating 2/10), Sentinel High School (GreatSchools Rating 5/10), Hellgate High School (GreatSchools Rating 3/10).

The property at 1601-1607 S 3rd St W has 0 bathroom.

The year of construction for 1601-1607 S 3rd St W is 1986.

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 June 10, 2025 and is currently priced at $1,425,000.

In June 2025, from all listings sold in Missoula, MT there were more than 25 sold above asking price, over 50 sold below and more than 33 were sold right at the asked price. The number of listings in Missoula, MT increased by 17.1% between May and June 2025. In June 2025, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $549,000.

From Rocket Homes Real Estate and based on county public records data.

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