Investment Property for Sale at 1650 N Russell Street in Missoula, MT for $6,500,000

Listing data last changed 7/1/2024
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1650 N Russell Street | Missoula

$6,500,000

ERA Lambros is pleased to present this 54 unit multifamily property in Missoula's historic Westside neighborhood. Zoned M1R-2, the 2.97 acre parcel is zoned for up to 129 apartment units, offering infill potential. Built in 1997 and 1998, these garden style apartments offer multiple avenues of value-add opportunity from renovation to repositioning to operational innovation. Close to Downtown, North Reserve and Saint Patrick's Hospital, this property offers a convenient location in the growing Missoula community. For more information, call or text Adam Hertz at 406-239-1865 or MerriLee Valentine at 406-370-4984 or your real estate professional. MTR 30028436

Directions to property: Take North Russell to the railroad tracks.

MLS Listing ID: 
MTR 30028436
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$6,500,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Missoula
Address: 
1650 N Russell Street, Missoula, MT 59801, US
County: 
Missoula
Latitude: 
46.8875954
Longitude: 
-114.0180367
Building Details
Details about the building on a property.
Architectural Style: 
Multi-Level
Year Built: 
1997
New Construction: 
0
Construction
Foundation Details: 
Poured
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Gas, Hot Water
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
2.97
Lot Size (Area): 
2.97
Waterfront: 
0
Lot Features
Garage: 
0
Public Record
Parcel Number: 
04220016206010000
Property Zoning: 
See Remarks
Contract Details
Details about the listing contract.
Possession: 
Close Of Escrow
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Adam Hertz
Listing Office Name: 
ERA Lambros Real Estate Missoula