$11,779,276

1650 N Russell St Missoula, MT 59808

Westside Neighborhood

Estimated payment $70,724/month

Total Views 4
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2.97 Acre Lot
  • Laundry in multiple locations
  • Hot Water Heating System
  • Hellgate High School Rated A-

About This Home

ERA Lambros Commercial is pleased to present this 54-unit multifamily investment opportunity located in Missoula's vibrant and historic Westside neighborhood. Situated on a 2.97-acre parcel zoned M1R-2, the property allows for up to 129 total units, presenting significant infill and development potential. A recent feasibility study by a reputable local architectural firm outlines an economically viable path to constructing an additional 30 units. Originally built in 1997 and 1998, the garden-style complex has seen substantial capital improvements, including all new roofs, newer siding, and renovations across 33 units; 21 fully renovated, 3 lightly renovated and 9 classic turns. With additional renovation upside, the property offers both immediate income and long-term value-add potential. Ideally positioned near Downtown Missoula, North Reserve's retail corridor, and St. Patrick Hospital, this property benefits from a central location within one of Montana's fastest-growing communities. In addition to an outright sale, seller is open to recapitalization proposals.

Listing Agent

Adam Hertz

ERA Lambros Real Estate Missoula License #RRE-RBS-LIC-24957 Listed on: 07/14/2025

ERA Lambros Real Estate Missoula

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $68,023

Year Built

  • Built in 1997

Home Design

  • Tri-Level Property
  • Poured Concrete

Kitchen

  • Oven or Range
  • Microwave

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System

Additional Features

  • Laundry in multiple locations
  • 2.97 Acre Lot

Community Details

  • 54 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 04220016206010000

Property Details

Home Type

Apartment

Est. Annual Taxes

$68,023

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1997
  • Directions: Take North Russell to the railroad tracks. Property is on the right.
  • Listing I D: 30053967
  • Lot Size Acres: 2.97
  • Architectural Style: Multi-Level, Tri-Level
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Sub Type Additional: Apartment,Multi Family
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Foundation Details: Poured

Utilities

  • Heating: Gas, Hot Water
  • Laundry Features: Common Area, Multiple Locations
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Zoning: See Remarks
  • Lot Size Sq Ft: 129373.2
  • Parcel #: 04220016206010000
  • Zoning Description: M1R-2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 68022.73

Multi Family

  • Number Of Units Total: 54

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $11,779,276 0.0% --
03/11/2025 03/11/25 Price Changed $1,150 +93.3% $2 / Sq Ft
02/26/2025 02/26/25 For Rent $595 0.0% --
09/30/2024 09/30/24 Sold -- -- --
06/13/2024 06/13/24 For Sale $6,500,000 -- --
Source: Montana Regional MLS

Source: Montana Regional MLS

MLS Number: 30053967

Montana Regional MLS

Montana Missoula County Missoula 59802 Westside

1650 N Russell St, Missoula, MT

This home is located at 1650 N Russell St, Missoula, MT 59808 and is currently priced at $11,779,276. This property was built in 1997. 1650 N Russell St is a home located in Missoula County with nearby schools including Lowell School, Porter 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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Listing Agent
Adam Hertz
Section Image
ERA Lambros Real Estate Missoula
(406) 616-4625