Active

Price cut: $26K (9/3)

$599,000

1111 S 3rd St W, Missoula, MT 59801

--beds

--baths

3,136sqft

$3,915/mo

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Quadruplex, Multi Family

Built in 1974

-- sqft lot

$588,400 Zestimate^®

$191/sqft

$-- HOA

What's special

Rents are Unit B $1325 (Section 8) Unit C $850 Unit D $1180 Unit E $1000 Discover an exceptional investment opportunity in Missoula, Montana! This well-located four-unit property offers incredible convenience with close proximity to the University of Montana, Good Food Store, shopping, dining, and everyday amenities. With four separate units, this property provides excellent income potential in one of Missoula’s most desirable and accessible areas. Its central location makes it an attractive option for students, professionals, and long-term tenants alike, with easy access to downtown Missoula and everything the city has to offer. Whether you’re looking to expand your investment portfolio or take advantage of a versatile multi-unit property in a strong rental market, this is an opportunity you won’t want to miss!

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Facts & features

Interior

Features

Basement: Other
Has fireplace: No

Interior area

Total structure area: 3,136
Total interior livable area: 3,136 sqft

Property

Features

Levels: Two

Lot

Size: 5,837 Square Feet

Details

Parcel number: 04220021327090000
Zoning description: 5
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Foundation: Poured

Condition

New construction: No
Year built: 1974

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Missoula

Financial & listing details

Price per square foot: $191/sqft
Tax assessed value: $786,568
Annual tax amount: $6,563
Date on market: 8/24/2026
Listing agreement: Exclusive Right To Sell
Road surface type: Asphalt

Estimated market value

$588,400

$559,000 - $618,000

$1,709/mo

Price history

Date	Event	Price
9/3/2026	Price change	$599,000-4.2%$191/sqft
Source: MRMLS #30077253 Report a problem
8/24/2026	Listed for sale	$625,000$199/sqft
Source: MRMLS #30077253 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,770 -5.2%	$694,200 +28.4%
2024	$6,084 +7.9%	$540,500
2023	$5,637 +3.3%	$540,500 +20.5%
2022	$5,457 +2.5%	$448,400
2021	$5,326 +0.9%	$448,400 +3.2%
2020	$5,278 -2.5%	$434,300
2019	$5,411 +5.9%	$434,300 +13.8%
2018	$5,111 +1.7%	$381,600
2017	$5,025 +47.4%	$381,600 +41.2%
2016	$3,409 +8.1%	$270,200
2015	$3,153 +14.5%	$270,200 +103.2%
2014	$2,754 +8.4%	$132,970 +1.8%
2013	$2,540 -1%	$130,673 +2%
2012	$2,566	$128,057
2011	--	--
2010	--	--
2009	--	--
2008	--	$184,300
2007	--	$184,300
2006	--	$184,300
2005	--	$184,300
2004	--	$184,300
2003	--	$184,300 +72.9%
2002	--	$106,600
2000	--	$106,600