$1,440,000
$249K PRICE DROP

120 S 4th St W Unit 8,12 and 13 Missoula, MT 59801

Riverfront Neighborhood

Estimated payment $9,031/month

Total Views 5,454
-- Bed
-- Bath
1,934 Sq Ft
$745 Price per Sq Ft

Highlights

  • City View
  • Laundry in multiple locations
  • Dogs and Cats Allowed
  • Paxson School Rated A-
  • Hot Water Heating System
  • 2-minute walk to Evelyn Borg Johnson Park

About This Home

This profitable short term rental condo package is available in the iconic Babs building just off of Missoula's popular Hip Strip. The units are tastefully updated and uniquely styled, with period appropriate details that honor architect AJ Gibson's vision. Unit 8, 12 and 13 owners and their guests enjoy access to the outdoor patio, a well appointed game room, and both in-unit and common laundry. Assigned off street parking behind the building makes it easy for owners or guests to leave a vehicle and explore the nearby river or downtown, or visit the University of Montana less than a mile away. Per Destination Missoula's most recent report, over 1 million visitors annually spent one or more nights in Missoula and tourism accounted for $294 million in direct expenditures in Missoula. Take advantage of this investment opportunity as travel trends shift toward domestic options. Units are also listed for individual sale. Showings occur between reservations, please do not disturb guests.

Listing Agent

Megan Robson

PureWest Real Estate - Missoula License #RRE-BRO-LIC-108735 Listed on: 03/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,113

Year Built

  • Built in 1925

Parking

  • Additional Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 1,934 Sq Ft Home
  • Property has 1 Level
  • City Views
  • Finished Basement
  • Laundry in Basement
  • Laundry in multiple locations

Kitchen

  • Oven or Range
  • Dishwasher

Utilities

  • Radiant Heating System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 04220021428047108

Community Details

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed
  • Breed Restrictions

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,113

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Directions: Just off of Higgins
  • Listing I D: 30043704
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Interior Amenities: Main Level Primary
  • Appliances: Dishwasher, Range, Refrigerator
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • View: City
  • Waterfront: No
  • Foundation Details: Stone
  • Property Condition: Updated/Remodeled, See Remarks

Garage/Parking

  • Parking Features: Additional Parking

Utilities

  • Heating: Hot Water, Radiant
  • Laundry Features: Common Area, In Basement, In Unit, Multiple Locations
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit

Lot Info

  • Zoning: See Remarks
  • Parcel #: 04220021428047108
  • Zoning Description: C1-4 - Downtown

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12113.04

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,262 $350,284 $25,074 $325,210
2023 $4,426 $350,284 $25,074 $325,210
2022 $4,321 $297,600 $0 $0
2021 $3,615 $297,600 $0 $0
2020 $3,832 $270,700 $0 $0
2019 $3,820 $270,700 $0 $0
2018 $3,328 $227,500 $0 $0
2017 $2,726 $227,500 $0 $0
2016 $2,686 $191,700 $0 $0
2015 $2,504 $191,700 $0 $0
2014 $1,266 $49,671 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $1,440,000 -12.4% $745 / Sq Ft
05/20/2025 05/20/25 Price Changed $1,644,000 -0.9% $850 / Sq Ft
05/09/2025 05/09/25 Price Changed $1,659,000 -1.8% $858 / Sq Ft
03/18/2025 03/18/25 For Sale $1,689,000 -- $873 / Sq Ft
Source: Montana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Title Services Inc
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,500 New Conventional
Closed $239,500 Commercial
Closed $165,000 Commercial
Source: Public Records

Source: Montana Regional MLS

MLS Number: 30043704

Montana Regional MLS

APN: 04-2200-21-4-28-04-7108

Montana Missoula County Missoula 59801 Riverfront

120 S 4th St W Unit 8,12 and 13, Missoula, MT

This home is located at 120 S 4th St W Unit 8,12 and 13, Missoula, MT 59801 and is currently priced at $1,440,000, approximately $744 per square foot. This property was built in 1925. 120 S 4th St W Unit 8,12 and 13 is a home located in Missoula County with nearby schools including Paxson School, Washington Middle School, and Hellgate High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Montana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Megan Robson
Listing Agent
Megan Robson
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PureWest Real Estate - Missoula
(406) 500-7123