2515 and 2517 S 3rd St W Missoula, MT 59804
Two Rivers NeighborhoodEstimated payment $6,672/month
About This Home
Prime Investment Opportunity – Side-by-Side Duplexes in Central Missoula
Rare opportunity to own two well-maintained duplexes on one parcel in the heart of Missoula, MT. These side-by-side two-plexes offer a total of four rental units, each with solid rental history, long-term tenants, and an impressive low vacancy rate—making this a truly turnkey investment.
Centrally located, this property provides easy access to downtown Missoula, the University of Montana, shopping, dining, and public transit. Tenants appreciate the convenience, and you’ll appreciate the consistent cash flow and low tenant turnover.
Bonus Potential: There is also an option to purchase two additional duplexes next door on their own separate parcel—giving buyers the rare chance to expand their portfolio with eight units total, all within a compact and manageable footprint.
Whether you're an experienced investor or just stepping into the market, this is a chance to secure a stable income-producing property in one of Montana’s most desirable rental markets.
Don’t miss out—opportunities like this don’t last long!
Listing Agent
PureWest Real Estate - Missoula License #RRE-BRO-LIC-14883 Listed on: 04/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,159
Year Built
- Built in 1977
Home Design
- 1,612 Sq Ft Home
- Duplex
- Poured Concrete
Utilities
- Well
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Oven or Range
- Washer Hookup
- 0.31 Acre Lot
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 04220019407030000
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,824 | $560,700 | $321,329 | $239,371 |
2023 | $6,624 | $560,700 | $321,329 | $239,371 |
2022 | $5,749 | $421,800 | $0 | $0 |
2021 | $5,124 | $421,800 | $0 | $0 |
2020 | $4,799 | $363,100 | $0 | $0 |
2019 | $4,783 | $363,100 | $0 | $0 |
2018 | $3,717 | $273,600 | $0 | $0 |
2017 | $3,279 | $273,600 | $0 | $0 |
2016 | $3,612 | $283,400 | $0 | $0 |
2015 | $3,344 | $283,400 | $0 | $0 |
2014 | $3,445 | $164,534 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/21/2025 04/21/25 | For Sale | $1,100,000 | -- | $682 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Available |
Source: Montana Regional MLS
MLS Number: 30046459

APN: 04-2200-19-4-07-03-0000
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