$850,000

Estimated payment $4,936/month

Total Views 1,784
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Victorian Architecture
  • No HOA
  • 3-minute walk to Clark Fork Natural Area
  • Paxson School Rated A-
  • Baseboard Heating

About This Home

Located in Missoula’s desirable Riverfront neighborhood, this four-unit multifamily property offers a solid investment opportunity in a high-demand rental area. Built in 1920, the building retains elements of its early-century character while providing practical updates and functional layouts that appeal to long-term tenants. Its central location—just minutes from downtown, the Hip Strip, the Clark Fork River, and the city’s trail network—supports strong occupancy and consistent rental demand. Main floor unit is a 1+Bd and 1.5 baths with new paint & flooring! Upstairs is a large bright sunny 1 bdrm apt, with pantry, and extra storage in the attic area off of the kitchen. There are 2 basement units, one was completely remodeled from the studs out in 2015, and is a small 1 bdrm, and is super cute, the other basement apt is also a small one bedroom. Updates are: New water line, newer plumbing, newer windows, roof was installed in 2005, remodeled baths, and some new flooring on main floor, new electrical in upper unit, new shower in basement apt. , newer Rinnai heaters in both the upper and main units. Each of the four units configuration have bright living spaces, functional kitchens, classic trim details, and finishes appropriate for rental housing. The property benefits from mature trees, a covered front porch, and convenient off-street parking, with straightforward access to neighborhood amenities and public transit. Given its unit mix, established rental appeal, and placement in one of Missoula’s most walkable central neighborhoods, 512 S 2nd St W represents a reliable multifamily asset with long-term income potential. Call or email listing agent for financials.

Listing Agent

Jessie Eagen

Eagen Real Estate License #BRO-8043 Listed on: 11/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,735

Year Built

  • Built in 1920

Home Design

  • Quadruplex
  • Victorian Architecture

Interior Spaces

  • 2-Story Property
  • Basement

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0001637452

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,735

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Architectural Style: Victorian, Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0001637452
  • Zoning Description: R3 - Residential Medium Density

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5735.0
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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

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
2025 $5,673 $624,000 $285,844 $338,156
2024 $5,445 $447,500 $253,552 $193,948
2023 $5,245 $447,500 $253,552 $193,948
2022 $4,779 $353,900 $0 $0
2021 $4,298 $353,900 $0 $0
2020 $4,065 $310,900 $0 $0
2019 $4,052 $310,900 $0 $0
2018 $4,149 $309,600 $0 $0
2017 $4,078 $309,600 $0 $0
2016 $2,394 $189,500 $0 $0
2015 $2,462 $189,500 $0 $0
2014 $2,870 $123,505 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2025 11/17/25 For Sale $850,000 +31.8% $441 / Sq Ft
09/09/2022 09/09/22 Sold -- -- -- View Prior Sale
08/05/2022 08/05/22 For Sale $645,000 -- $216 / Sq Ft
Source: Big Sky Country MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- First American Title Company
Warranty Deed -- First American Title Co
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,750 New Conventional
Previous Owner $182,500 Fannie Mae Freddie Mac
Source: Public Records

Source: Big Sky Country MLS

MLS Number: 407156

Big Sky Country MLS

APN: 04-2200-21-4-37-03-0000