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4-Unit Multifamily | 819 Charlo Street 819 Charlo St 4 Unit Apartment Building $989,000 ($247,250/Unit) Missoula, MT 59802

EXECUTIVE SUMMARY

4-Unit Multifamily | 819 Charlo Street | Northside Missoula
Now available individually: 819 Charlo Street—a stabilized 4-unit multifamily property located in Missoula’s desirable Northside neighborhood. This 4-plex is part of a larger portfolio and offers investors a rare chance to acquire a stand-alone asset with consistent income and long-term upside.
Each of the four units features a 2-bedroom, 1-bathroom layout with approximately 787 sq ft of living space. The building is professionally managed, with staggered lease expirations from March to August 2025 that help reduce vacancy exposure and provide reliable cash flow. Tenants pay a monthly utility reimbursement, which offsets operating expenses and supports steady returns.
The property is well maintained and includes off-street parking, green space, and convenient proximity to downtown, shopping, and transit. With strong in-place income and low vacancy in the area, this 4-plex is ideal for investors seeking a turnkey rental or an addition to an existing portfolio.
Investment Highlights:
Four 2-bedroom, 1-bath units | 787 sq ft per unit
Tenant utility reimbursements in place
Professionally managed with staggered leases
Strong rental demand and stable occupancy
Off-street parking and shared green space
Potential for future appreciation or condo conversion
Whether you’re a first-time investor, completing a 1031 exchange, or expanding your Missoula holdings, 819 Charlo offers a dependable and well-located multifamily investment in one of the city's most enduring rental corridors.

PROPERTY FACTS

Price $989,000
Price Per Unit $247,250
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 4,422 SF
No. Stories 2
Year Built 2015
Opportunity Zone Yes

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 - 747

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-2200-16-1-08-25-5004
Land Assessment
$132,720
Improvements Assessment
$427,980
Total Assessment
$560,700
  • Listing ID: 35923483

  • Date on Market: 5/20/2025

  • Last Updated:

  • Address: 819 Charlo St, Missoula, MT 59802

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