1629 River Road, Missoula, MT 59801
Local realty services provided by:CENTURY 21 Shea Realty
1629 River Road,Missoula, MT 59801
$1,475,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: ryan thompson, jessie eagen
Office: western ranch brokers llc.
MLS#:410082
Source:MT_BZM
Price summary
- Price:$1,475,000
About this home
Positioned in one of Missoula’s most desirable corridors, this income producing property at 1629 River Road offers a rare combination of scale, location, and upside. The asset includes one single family residence and four duplex buildings totaling eight rental units, all fully leased and generating consistent income.
Situated directly across from the scenic Clark Fork River and just minutes from Downtown Missoula, the property benefits from strong tenant demand driven by proximity to recreation, employment, and amenities. Each duplex unit features a functional one bedroom one bathroom layout, while the single family home offers three bedrooms and one bathroom.
Current rents are significantly below market, presenting a clear value add opportunity through rent adjustments and continued operational improvements. With all units occupied, investors can step into immediate cash flow while capitalizing on long term appreciation in one of western Montana’s most resilient rental markets.
This is a compelling opportunity to acquire a well located multifamily asset with stable income and substantial upside potential in the heart of Missoula....
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Home facts
- Year built:1950
- Listing ID #:410082
- Added:2 day(s) ago
- Updated:April 10, 2026 at 03:15 PM
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1950
- Levels:1 Story
Utilities
- Water:Water Available
- Sewer:Sewer Available
Finances and disclosures
- Price:$1,475,000
- Tax amount:$11,400 (2025)
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