$725,000
SOLD MAR 31, 2025
Last list price
-- Bed
-- Bath
630 Sq Ft
0.26 Acres

Recently Sold

$1,151 Per Sq Ft

96 Days on Market

Highlights

  • Forced Air Heating System
  • 9 Car Garage
  • High Speed Internet
  • Rattlesnake Elementary School Rated A

About This Home

As of March 2025

Overview: Presenting an opportunity to acquire a unique multifamily investment property in East Missoula, well poised for income generation and future redevelopment because of excellent “Neighborhood Commercial” zoning, with income during the planning phase. This property, strategically situated six minutes from UM and surrounded by scenic trails and parks, offers both current rental income and significant long-term potential as Missoula's growth extends eastward.
Property Details:
-Units:
-3 x 1-bedroom / 1-bath apts
-1 x 2-bedroom / 1-bath apt
-1 large 6-bedroom unit with a shared kitchen, 2 full bathrooms, a dishwasher, washer, and dryer.
-3-car garage rented separately.
Future Growth Potential:
-Area Revitalization: Missoula County is planning to build new sidewalks, bike paths, streetlights, and crosswalks in front of property
-Next to New Developments: Nearby new subdivision with 252 homes, with 95% of the traffic driving past this property, ideal for future new build.

Last Agent to Sell the Property

Arthur Miller

Zillastate License #RRE-RBS-LIC-109022 Listed on: 12/07/2024

Last Buyer's Agent

Hailey Bitar

Engel & Völkers Western Frontier - Stevensville License #RRE-RBS-LIC-118711

Engel & Völkers Western Frontier - Stevensville

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,274

Lot Details

  • 0.26 Acre Lot

Parking

  • 9 Car Garage
  • 1 Carport Space

Home Design

  • Tri-Level Property
  • Slab Foundation

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 04220024137010000

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,274

Lot Details

0

Parking

9

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Directions: Right off of Highway 200E, just past the Hellgate Canyon self storage, on the right, if you are driving from Missoula. The entrance door for the large unit is on the far right side of the property around the corner with an electronic lock, when viewing it from Highway 200E.
  • Listing I D: 30038014
  • Horses: No
  • Lot Size Acres: 0.259
  • Architectural Style: Multi-Level, Tri-Level
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dryer, Dishwasher, Freezer, Range, Refrigerator, Washer
  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Disclosures: Disclosure on File, Owner Is Listing Agent, Seller Disclosure
  • Foundation Details: Slab

Garage/Parking

  • Carport Spaces: 1.0
  • Garage Spaces: 9.0

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, High Speed Internet Available
  • Heating: Forced Air
  • Laundry Features: Washer Hookup
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Zoning: Multi-Family
  • Lot Size Sq Ft: 11295.0
  • Parcel #: 04220024137010000
  • Zoning Description: Neighborhood Commercial
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7274.0

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2024
Closed on
Mar 31, 2025
Sold by
Granite Peak Capital Llc
Bought by
Star Barn Ranch Llc
Seller's Agent
Arthur Miller
Zillastate
Buyer's Agent
Hailey Bitar
Engel & Völkers Western Frontier - Stevensville
List Price
$795,000
Sold Price
$700,000
Premium/Discount to List
-$95,000
-11.95%
Views
52
Current Estimated Value
$706,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,431
Avg. Annual Appreciation
3.10%
Original Mortgage
$550,000
Outstanding Balance
$550,000
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$156,431

Purchase Details

Closed on
Sep 1, 2022
Sold by
Sanderson Grant L
Bought by
Granite Peak Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2013
Sold by
Dubois Enterprises Llc
Bought by
Sanderson Grant L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,686
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2008
Sold by
Schlappy Arnold K and Schlappy Mavis Ann
Bought by
Dubois Clifford J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 Credit Line Revolving
Closed $550,000 Credit Line Revolving
Previous Owner $487,500 New Conventional
Previous Owner $165,686 Purchase Money Mortgage
Previous Owner $182,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold -- -- --
02/13/2025 02/13/25 Price Changed $725,000 -3.3% $1,151 / Sq Ft
02/03/2025 02/03/25 Price Changed $750,000 -3.2% $1,190 / Sq Ft
01/25/2025 01/25/25 Price Changed $775,000 -2.5% $1,230 / Sq Ft
12/07/2024 12/07/24 For Sale $795,000 -- $1,262 / Sq Ft
Source: Montana Regional MLS

Tax History Compared to Growth

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 $5,394 $538,800 $281,550 $257,250
2023 $4,758 $538,800 $281,550 $257,250
2022 $4,176 $387,170 $0 $0
2021 $3,916 $387,170 $0 $0
2020 $2,861 $254,290 $0 $0
2019 $2,873 $254,290 $0 $0
2018 $2,322 $194,045 $0 $0
2017 $2,299 $194,045 $0 $0
2016 $2,112 $186,400 $0 $0
2015 $1,985 $186,400 $0 $0
2014 $2,478 $134,823 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montana Regional MLS

MLS Number: 30038014

Montana Regional MLS

APN: 04-2200-24-1-37-01-0000