Active

$775,000

319 E Spruce St, Missoula, MT 59802

3beds

3baths

3,702sqft

$5,217/mo

Get pre-qualified

Multi Family, Apartment

Built in 1910

-- sqft lot

$-- Zestimate^®

$209/sqft

$-- HOA

What's special

Fresh exterior paintNew roofBlown-in attic insulation

Seller will finance – 25% Down, 5.5% interest, 30 year fixed, 10 year balloon! Profitable and well-maintained six-unit apartment building in the heart of Downtown Missoula! Just one block from Black Coffee Roasting Co. and only a three-minute walk to the center of downtown, this property offers tenants the walkable lifestyle that keeps rental demand strong. Residents enjoy easy access to restaurants, breweries, shopping, the Clark Fork River Trail, and the University of Montana - all without needing a car. The property has been thoughtfully maintained with recent improvements including a new roof, blown-in attic insulation, and fresh exterior paint. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an opportunity to own a low-maintenance, income-producing asset in one of Missoula's most desirable rental locations.

79 days
309
25

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Gas, Hot Water

Features

Basement: Full,Unfinished,Walk-Up Access
Has fireplace: No

Interior area

Total structure area: 3,702
Total interior livable area: 3,702 sqft

Property

Parking

Parking features: On Street

Features

Levels: Two
Has view: Yes
View description: Downtown, Residential

Lot

Size: 4,486 Square Feet
Features: Front Yard, Sprinklers In Ground, Level
Topography: Level

Details

Parcel number: 04220022241050000
Zoning description: 1
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Foundation: Poured, Stone, Basement
Roof: Asphalt

Condition

New construction: No
Year built: 1910

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Location

Region: Missoula

Financial & listing details

Price per square foot: $209/sqft
Tax assessed value: $625,800
Annual tax amount: $5,767
Date on market: 7/31/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Owner May Carry

Estimated market value

Not available

Estimated sales range

Not available

$2,565/mo

Price history

Date	Event	Price
7/31/2026	Listed for sale	$775,000$209/sqft
Source: MRMLS #30075977 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,086 -6.9%	$625,800 +28.9%
2024	$5,463 +7.9%	$485,400
2023	$5,061 -7%	$485,400 +8.5%
2022	$5,442 +2.5%	$447,200
2021	$5,311 -6.3%	$447,200 -4.1%
2020	$5,667 -20.5%	$466,300 -18.5%
2019	$7,130 +58.8%	$572,280 +71.2%
2018	$4,490 +1.7%	$334,368
2017	$4,413 +2.4%	$334,368 -2%
2016	$4,310 +8.1%	$341,051
2015	$3,986 +6.6%	$341,051 +89.3%
2014	$3,739 +11.7%	$180,169 +4.7%
2013	$3,346 +2.2%	$172,123 +5.3%
2012	$3,274	$163,385
2011	--	--
2010	--	--
2009	--	--
2008	--	$195,504
2007	--	$195,504
2006	--	$195,504 +23.1%
2005	--	$158,800
2004	--	$158,800
2003	--	$158,800 +38.7%
2002	--	$114,452
2000	--	$114,452